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- Zcash surged over 700% since September, reaching highs above $700.
- Arthur Hayes named ZEC his family office’s second-largest liquid asset.
- Privacy coins are regaining momentum amid growing interest in financial privacy.
Zcash (ZEC) is back in the spotlight after BitMEX co-founder Arthur Hayes revealed it has become the second-largest liquid holding in his family office, Maelstrom, trailing only Bitcoin (BTC). The move highlights renewed investor interest in privacy coins following ZEC’s explosive 700% rally since September.
Hayes Puts Zcash in the Spotlight
In a post on X, Hayes shared that ZEC’s price run has elevated it to a major position within Maelstrom’s portfolio. The coin recently surged above $700, pushing its market cap into the $9–11 billion range. Trading volumes have soared as retail and speculative flows returned to the once-forgotten privacy token.
While Hayes didn’t disclose the size of Maelstrom’s Zcash stake, his public endorsement carries weight. The outspoken investor has also set a bold long-term price target of $10,000 per ZEC, sparking further curiosity — and debate — across the crypto community.
Privacy Coins Regain Market Momentum
Zcash’s comeback reflects growing interest in privacy-focused cryptocurrencies, whose shielded transactions allow users to obscure key details like wallet addresses and amounts. This has long made ZEC a favorite among privacy advocates, though regulatory scrutiny has kept some investors cautious.
Still, the renewed narrative around data protection and financial privacy has drawn fresh capital. Analysts say Zcash’s strong rebound mirrors a broader shift as traders rotate toward high-risk, high-reward assets in a maturing market cycle.
What’s Next for ZEC
Zcash’s near-term outlook will hinge on on-chain activity, miner reward adjustments, and liquidity trends. A scheduled supply change this month could tighten issuance, potentially adding fuel to the rally.
Also Read: Zcash Surges 1,431% — Could Cardano’s Midnight Project Follow Suit?
Yet, with volatility running high and privacy coins facing uncertain regulation, traders are bracing for sharp swings. Hayes’s backing may boost confidence, but it also raises the stakes for what comes next in the ZEC story.
Arthur Hayes’s public support for Zcash signals a turning point for privacy coins. Whether ZEC can sustain its surge or not, its return to prominence shows that crypto’s hunger for innovation — and bold bets — is far from over.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
I’m your translator between the financial Old World and the new frontier of crypto. After a career demystifying economics and markets, I enjoy elucidating crypto – from investment risks to earth-shaking potential. Let’s explore!
