While Bitcoin is viewed as a hedge against inflation and state-controlled money, Ravikant suggests Zcash could serve as the shield protecting digital wealth from increasing financial surveillance.
Bitcoin is insurance against fiat.
ZCash is insurance against Bitcoin.
— Naval (@naval) October 1, 2025
Ravikant’s Endorsement and Market Reaction
Zcash’s shielded transactions have always been a defining feature, with nearly 20% of its supply now held in a fully encrypted privacy pool. For years, this growth built quietly in the background, until Ravikant’s endorsement drew attention to its potential.
The market’s reaction was swift with ZEC soaring more than 50% in a single day, climbing to around $148. Despite the rally, ZEC remains well below its previous cycle peak near $320, suggesting considerable room for growth if privacy coins become the next major trend.
Halving events, which reduce new issuance, also support the case for stronger long-term supply dynamics.
For Ravikant, Zcash is less a speculative altcoin and more a hedge against an era of surveillance finance.
ZEC Price Analysis: A Long-Term Breakout?
On the monthly chart, ZEC has been trapped in a descending wedge since early 2018, with years of compressed price action. That wedge has now been broken to the upside, with ZEC trading around $148.51 following the breakout.
The move, supported by rising volume and a strong monthly candle, suggests the possibility of a macro-level reversal.
Source: TradingView
Technical indicators confirm growing momentum with the MACD on the monthly timeframe confirming a bullish cross. Meanwhile, the RSI at 71.39 has pushed into overbought territory for the first time in years.
The immediate bullish target sits between $800 and $1,000, a former consolidation zone. Should broader market conditions align with a new crypto bull cycle, ZEC could test its all-time highs near $5,000.
The most optimistic projection stretches as high as $35,000, a level that would surpass Ethereum’s valuations, aligning with Ravikant’s predictions.
On the other hand, if the breakout fails, ZEC could revisit its demand zone in the $20–$30 range, invalidating the bullish thesis.
Privacy Coins in the Spotlight
As regulators tighten their grip on capital flows and blockchain transparency increases, demand for private transactions could grow significantly.
If Bitcoin is the hedge against fiat debasement, Zcash may indeed be the hedge against digital surveillance.
ZEC Comeback Soon?
With ZEC skyrocketing massively in the past 24 hours, Bitcoin Hyper ($HYPER) is emerging as one of the most notable projects in the Bitcoin Layer-2 space.
What makes HYPER stand out is its ambition to build the first full-fledged Layer-2 ecosystem directly on top of Bitcoin, opening the door for memes, decentralized finance (DeFi), NFTs, and other applications to exist on the world’s most secure blockchain.
The project sets out to address two of Bitcoin’s long-standing challenges, i.e., slow transaction speeds and high fees.
Also, developers can create a wide range of decentralized services such as lending protocols, NFT platforms, and even blockchain-based games.
At the center of this ecosystem is the HYPER token, which functions as the gas for transactions, a governance tool for community decisions, and a utility token for various applications built within the network.
