Arthur Hayes has disclosed that Zcash has changed into one among his fund’s greatest liquid holdings as the token’s market capitalization reached over $10 billion, lastly surpassing Hyperliquid to re-enter the highest 20 cryptocurrencies.
Arthur Hayes Doubles Down on Zcash’s Potential
Arthur Hayes confirmed in a put up on X that Zcash now represents his agency’s second-largest liquid place after Bitcoin. Hayes’s public endorsement comes amid a rally in ZEC’s worth, which surged greater than 31 % in someday to highs of $717, its highest since 2018
Due to the fast ascent in worth, $ZEC is now the 2nd largest *LIQUID* holding in @MaelstromFund portfolio behind $BTC.
— Arthur Hayes (@CryptoHayes) November 7, 2025
The rally marks an eight-year excessive for the privateness coin. This comes at a time of recent enthusiasm for privacy-focused tasks amidst elevated scrutiny of blockchain transparency. Hayes went even additional by saying that ZEC might attain as excessive as $10,000.
He had earlier predicted that ZEC would reach $1,000 quickly after it went over $500 yesterday. The put up rapidly went viral on social media and stirred additional hypothesis.
The current launch of the Zashi pockets and ongoing work on Project Tachyon have improved how simple it’s to make use of and entry Zcash.
Zcash Surpasses $10B as Privacy Narrative Gains Traction
The newest rally has pushed Zcash to a market cap of round $10.9 billion. It has additionally surpassed Hyperliquid’s $10.8 billion. The token continues its rally regardless of the market downturn, particularly with Bitcoin recently falling beneath $100,000. ZEC has additionally gained greater than 700% because the starting of October.
After buying and selling close to $75 at first of the month, it’s now buying and selling above $700 on the time of writing. The worth restoration marks a return to 2018 ranges.
Analysts attribute the resurgence of Zcash to technological enhancements.
“Privacy is increasingly seen as a necessity rather than a luxury,” mentioned market strategist Kennis. “With its zero-knowledge proof architecture, Bitcoin-like scarcity, and the upcoming halving event, Zcash positions itself as an ‘encrypted Bitcoin’ for the next generation of decentralized finance.”
Zcash’s zk-SNARKs permit customers to fully protect the traces of their transactions. It helps customers masks their transaction addresses, quantities transacted, and even memos. The whole “shielded” provide of ZEC has reached shut to 5 million.
Meanwhile, the futures exercise of Zcash has continued to surge. According to CoinGlass, the most important quantity of open curiosity could be discovered on Binance, at round $340 million, adopted by Hyperliquid with $332 million and Bybit with $157 million.
