News listZcash gains 70% in a week amid growing interest in crypto privacy
CoinTelegraph2026-05-08 06:35:07 Bullish

Zcash gains 70% in a week amid growing interest in crypto privacy

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Source: Santiment “The crowd is increasingly viewing privacy-focused assets as a hedge against growing surveillance concerns, tighter exchange regulations and expanding AI-driven data tracking across financial platforms,” Santiment said. Related: Dash Evolution chain integrates Zcash Orchard privacy pool “At the same time, lower market caps across many privacy coins have traders eyeing them as high-upside momentum plays during this mild altcoin rally crypto has seen so far in May,” it added. Privacy was a significant investment theme for crypto in 2025, with privacy-focused tokens surging last year despite a broader downturn in the rest of the market. Zcash nearly crossed $700 in November, its highest price since 2018, while fellow privacy coin Monero reached a new all-time high of $797.73 in January. However, neither held on to the gains, and Swyftx’s Hundal said that the recent rally could also be short-lived. “Zcash’s move has some hallmarks of a narrative rotation into privacy coins,” Hundal said. “I’d be careful calling it a clean fundamental repricing just yet. We need more time to see how durable investor interest is.” Magazine: Guide to the top and emerging global crypto hubs — Mid-2026 More on the subject
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Source:CoinTelegraph
Published:2026-05-08 06:35:07
Category:bullish · Export Category bullish
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