Arthur Hayes has disclosed that Zcash has became one among his fund’s largest liquid holdings because 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 submit 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
As a result of 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 contemporary enthusiasm for privacy-focused initiatives amidst elevated scrutiny of blockchain transparency. Hayes went even additional by saying that ZEC may attain as excessive as $10,000.
He had earlier predicted that ZEC would attain $1,000 quickly after it went over $500 yesterday. The submit rapidly went viral on social media and stirred additional hypothesis.
The latest launch of the Zashi pockets and ongoing work on Mission Tachyon have improved how straightforward it’s to make use of and entry Zcash.
Zcash Surpasses $10B as Privateness Narrative Positive aspects 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 lately falling beneath $100,000. ZEC has additionally gained greater than 700% for the reason that starting of October.
After buying and selling close to $75 originally of the month, it’s now buying and selling above $700 on the time of writing. The value restoration marks a return to 2018 ranges.
Analysts attribute the resurgence of Zcash to technological enhancements.
“Privateness is more and more seen as a necessity moderately than a luxurious,” mentioned market strategist Kennis. “With its zero-knowledge proof structure, Bitcoin-like shortage, and the upcoming halving occasion, Zcash positions itself as an ‘encrypted Bitcoin’ for the following era of decentralized finance.”
Zcash’s zk-SNARKs enable customers to fully defend 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.
In the meantime, the futures exercise of Zcash has continued to surge. Based on CoinGlass, the biggest quantity of open curiosity may be discovered on Binance, at round $340 million, adopted by Hyperliquid with $332 million and Bybit with $157 million.
