The Zcash price rose roughly 11% over the past 24 hours, lifting ZEC to the $430–$435 range and pushing its market capitalization above $7.1 billion. The move follows a clean intraday trend shift, supported by regulatory developments and institutional positioning rather than thin liquidity spikes.
ZEC Coin Supported by Regulatory Shift
Today’s rally aligns with regulatory signals that are changing around privacy-focused assets. At the SEC’s Dec. 15 Privacy and Financial Surveillance Roundtable, Electric Coin Company’s Josh Swihart described a “remarkable shift” in tone, with officials acknowledging the role of privacy technology in limiting mass surveillance.
For Zcash, this directly addresses long-standing concerns tied to shielded transactions and selective transparency, easing a key area of perceived regulatory risk that has weighed on the asset in prior cycles.
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Institutional exposure has also increased. Cypherpunk Technologies disclosed ownership of 233,644 ZEC, roughly 1.43% of the circulating supply, as part of a $58.88 million private placement led by Winklevoss Capital.
In parallel, Grayscale’s November filing to convert its Zcash Trust into a spot ETF introduces another structural source of demand, even though approval is not guaranteed.
Zcash Price Reclaims Key Levels as Intraday Trend Flips
The 24-hour Zcash price chart shows an early dip toward the $390–$400 zone before buyers stepped in decisively. From mid-session onward, the Zcash coin printed a series of higher lows and higher highs, with the price reclaiming and holding above $420. The advance unfolded steadily rather than accelerating sharply, pointing to controlled accumulation.
Despite a roughly 10% decline in volume on the day, total traded value remained above $700 million, keeping the volume-to-market-cap ratio near 10%.
Notably, cryptocurrency analyst Crypto Fella highlighted the $430–$440 area as a critical decision zone, noting that a clean break would reopen the path toward $500.
His shows Zcash price reclaiming a prior range midpoint after weeks of compression, a structure often associated with trend continuation rather than a single-session move.
Chartist WIZZ (@CryptoWizardd), whom Crypto Fella quoted, focused on the monthly ZEC/USDT chart, describing it as an “interesting monthly chart” and stating he “wouldn’t be surprised” to see Zcash run toward $3,000 ± in the coming months.
The chart he shared shows a single, outsized monthly candlestick expansion followed by a visible pullback wick, with price trading around $434 and the session range between roughly $382 and $436. His commentary centers on the magnitude of the monthly move itself, framing the rally as a structural shift rather than a short-term intraday breakout.
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