Grayscale Pushes Zcash (ZEC) to $180, but New ATH Isn’t Realistic Just Yet

Coinspeaker2025/10/08 16:00

By:By Wahid Pessarlay Editor Julia Sakovich

The Zcash community is bullish on the token, expecting a new all-time high, but there’s a massive twist they’re not seeing.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Key Notes

Zcash gained 36% in 24 hours following bullish news from Grayscale.
ZEC maximalists expect the $5,000 price point.
The privacy-focused asset recorded $2 million in short liquidations.

Increased institutional interest and community hype have pushed Zcash ZEC $181.7 24h volatility: 19.1% Market cap: $2.96 B Vol. 24h: $1.01 B , which is a privacy-focused crypto asset, to levels not seen since early 2022.

The Grayscale Zcash Trust, which was publicly incepted in October 2021, started to see a gradual rise this year, from $4.9 to $13.8 over the past 30 days.

Moreover, the investment product has a market cap of $66 million, with 4.76 million shares sold so far. The fund recorded a 340% rally over the past six months.

ZEC also gained 36% in the past 24 hours and is trading at $180.7 at the time of writing. Its market cap reached $2.93 billion with a daily trading volume of roughly $750 million.

The price hike also triggered $2 million in short liquidations for ZEC futures traders, according to CoinGlass data . This added to the positivity around the token.

ZEC New All-Time High Next?

ZEC , which was launched in October 2016, saw a sharp plunge from its all-time high of $5,941. The privacy coin is still 97% down from its peak.

With the recent price surge, the Zcash community has been hinting at expectations of a $5,000 price target.

Zcash *WILL HIT* $5000.

— -float-ᙇ (@floatxbt) October 9, 2025

While the ZEC maximalists remain bullish, the conditions for a new ATH are much different now than in 2016. Zcash had a market cap of only $5.5 million then.

Currently, ZEC has a circulating supply of 16.25 million coins. To reach the $5,000 mark, it would need a market value of $81.25 billion, and to break the previous ATH, Zcash must have a market cap of $96.54 billion.

These targets appear to be unrealistic, with just the hype from the community and the Grayscale investment product.

Zcash would need far more utility and interest from both retail and institutional investors to reach this target. A realistic price target of $800 to $1,000 would look more suitable for ZEC due to the volatile market conditions.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

After the US October CPI exceeded expectations, Goldman Sachs and Nomura added a forecast for an interest rate hike in March next year, while Deutsche Bank included a forecast for a rate hike in January next year. Currently, the market has fully priced in a 25 basis point rate hike in December, with a 13% probability for a 50 basis point hike. On Wednesday, the US Treasury spot market was closed, but Treasury futures continued to fall, with corresponding yields rising by about 2 to 4 basis points, and spot gold came under pressure, dropping by 1.1%.

华尔街见闻•2026/11/11 21:18

Wall Street giants collectively raise rate hike forecasts, US Treasury futures continue to fall, gold drops over 1% to break 4000

No Need to Worry About the Cooling Down of AI Data Center Construction? The US Import Boom Is Unlikely to Subside in the Short Term, Real Impact May Come in 2029

It takes an average of 4.8 years from finalizing investment to starting construction of a data center project, and an additional 2.6 years from construction start to becoming operational. Servers usually cannot be installed until after the building structure and racks are completed. For trade partners such as Taiwan (China), South Korea, and Mexico who rely on US data center supply chain demand, the inertia in construction timelines provides at least a one- to two-year buffer for future exports.

华尔街见闻•2026/11/11 21:18

No Need to Worry About the Cooling Down of AI Data Center Construction? The US Import Boom Is Unlikely to Subside in the Short Term, Real Impact May Come in 2029

Federal Reserve Major Debate: When Should the Tenure of “Number Three” Williams End?

The main point of contention is whether Williams should step down in June 2028, upon completing a full 10-year term, or in June 2027, when he reaches the mandatory retirement age of 65. Analysts point out that the Federal Reserve Board holds ultimate discretion; if he leaves early, Fed Chair Waller would be able to assert greater control over the appointment to this critical position. However, forcing Williams to shorten his term could easily be interpreted as political manipulation. Williams himself is expected to serve until June 2028.

华尔街见闻•2026/11/11 21:18