BitMEX co-founder has continued to make bullish feedback on Zcash, which he just lately revealed his fund’s second-largest liquid holding after Bitcoin. This time round, he has declared that ZEC is a greater altcoin than XRP, indicating that the previous may overtake the latter in market cap sooner or later.
Arthur Hayes Says ZEC Larger Than XRP
In an X publish, the BitMEX co-founder mentioned that Zcash is larger than XRP, suggesting that it may overtake XRP in market cap. Zcash is at present the Twelfth-largest crypto asset, with a market cap of $10 billion, whereas XRP has a market cap of $ 135 billion.
In the meantime, Hayes additionally revealed that he had purchased extra ZEC amid its current uptrend. As CoinGape reported earlier, Zcash is the second-largest liquid holding within the BitMEX founder’s fund, after Bitcoin.
Hayes has additionally predicted that Zcash may rally to as excessive as $0.2 towards its BTC pair. This interprets to a value of round $19,200 for the privateness coin. At $19,200, Zcash would have a market cap of $313 billion, probably rating because the third-largest crypto by market cap behind Bitcoin and Ethereum.
PAMP IT!
ZEC/BTC to 0.2 pic.twitter.com/KRVYK32SeS
— Arthur Hayes (@CryptoHayes) November 14, 2025
The ZEC value continues to defy the present crypto market downtrend, rallying over 16% within the final 24 hours, in response to CoinMarketCap information. The privateness coin broke above $700 throughout this era, recording positive aspects of as much as 45%.

This rally comes amid the Zcash treasury firm Cypherpunk’s preliminary buy. The corporate introduced that its preliminary acquisition totaled 203,775 ZEC, bought for nearly $50 million at a mean value of $245 per ZEC. The corporate now holds 1.25% of the coin’s provide.
Main The Privateness Sector And Comparability To Solana and XRP
Analysis agency Delphi Digital famous that Zcash continues to carry a dominant lead within the privateness sector. With the privateness narrative gaining actual adoption, ZEC is alleged to have captured practically all of the upside with a 10x transfer from its lows, whereas different privateness tokens lag as compared.
Zcash continues its dominant lead within the privateness sector.
Whereas the privateness narrative has gained actual adoption, ZEC has captured practically all of the upside with a 10x transfer from lows whereas different privateness tokens lag as compared.
For instance, TORN just lately hit a brand new TVL all time excessive… pic.twitter.com/xnFQl81rFE
— Delphi Digital (@Delphi_Digital) November 14, 2025
The analysis agency cited TORN, which just lately hit a brand new whole worth locked (TVL) of $1.23 billion however has underperformed the Zcash value when it comes to value motion. In the meantime, Delphi Digital additionally in contrast ZEC’s reputation with that of different main altcoins.
The analysis agency famous that, regardless of the privateness coin’s rally, it nonetheless hasn’t caught the mainstream’s consideration. The worldwide search developments nonetheless present that ZEC is trailing behind Solana and XRP.