Zooming its way to the top, Zcash has claimed its spot in the top 50 cryptos by market cap after a 500% surge!
Is this just a temporary pump, or is $ZEC just getting started?
Well, let’s find out!
What is Zcash?
Founded in 2013 and launched in 2016, Zcash was launched by the Electronic Coin Company (ECC), founded by Zooko, a legend who was one of the first $BTC users who frequently communicated with the one and only Bitcoin creator, Satoshi Nakamoto.
How Does Zcash Work?
Zcash is a privacy-focused Layer 1 blockchain that uses zk-SNARK to allow nodes on the network to confirm transactions without revealing any sensitive data and hiding the original sender and receiver addresses. All transactions on Zcash are anonymous, whereas transactions on blockchains such as Bitcoin and Ethereum are pseudonymous, enabling transactions to be tracked and traced to their sources.
Privacy is paramount, and Zcash revolves its entire technology around it. From encrypted transactions to private messages, Zcash enables users to move on-chain without leaving a footprint. With that, Zcash can process between 6-20 TPS, and provides competitive network fees of roughly 0.0001 $ZEC ($0.0035), an average of 50x cheaper than Bitcoin transactions.
Zcash Statistics
Regarding the Zcash ecosystem, as it stands, it’s not very attractive to the average DeFi user, but that being said, it’s unique in its own way. The network mostly has dApps that focus on private transactions via sending through wallets, but is also compatible with leading exchanges such as Coinbase and so on.
According to Blockchair analytics, there are over 765,705 users, with over 15.75M+ transactions conducted on the Zcash network. Despite the growing numbers, it could gain more exposure by having more DeFi-related apps and even compatibility with the Ethereum Virtual Machine (EVM).
Zcash Coin ($ZEC)
Powering the powerful privacy chain is the native coin $ZEC that primarily serves to pay for transaction fees on the network. $ZEC is also used to reward network Miners, and can also be used for everyday payments, P2P transfers and more.
Conclusion
According to CoinMarketCap, at the time of writing, the $ZEC is trading at a price of $161.82, with a large market cap of $2.62B and sitting in the top 50 cryptos by market cap. When $ZEC first launched, it supposedly peaked at an ATH of an estimated $3.19K, and shot down below $100, just a week after trading on the open market.
After a long rollercoaster ride of 9 years in the market, it seems the need for privacy tokens has returned, and $ZEC appears to be leading the pack. The sleeping giant has awoken, and in 2025 alone, $ZEC has risen around 500%.
With such a scarce supply, more partnerships, a broader ecosystem, and a larger user base, maybe $ZEC can exceed its crazy ATH it had back in 2016…
What do you think?
Official Zcash Links
Disclaimer
The content provided in this article is purely informational and nothing said is financial advice. Proceed with caution and always invest what you are prepared to lose. Remember that you are entirely responsible for your assets and investments and the author and the publication do not endorse any of the cryptocurrencies, protocols and/or strategies in this article.
