Zcash Surges 30% Following Arthur Hayes' Bold Prediction

Zcash Experiences Significant Uptick

The privacy-centric cryptocurrency, Zcash, experienced a remarkable 30% surge within 24 hours. This growth followed a bullish forecast by prominent crypto entrepreneur Arthur Hayes, who suggested the token might eventually reach $10,000.

Market Response to Hayes' Prediction

Following Hayes' optimistic "vibe check" post on X, Zcash's value climbed from $272 to a peak of $355, outperforming other top 50 cryptocurrencies by market capitalization. Historically, Hayes' predictions have impacted the market, as seen at the August WebX 2025 conference in Tokyo, where his projection for Hyperliquid's HYPE token led to a notable spike.

Investor Reactions

AB Kuai Dong, a trader and Binance Square contributor, speculated on X that Hayes' endorsement caused the Zcash rally, inciting a "FOMO market frenzy." Clemente, a crypto trader and K9Strategy board member, also expressed the influence of FOMO in joining the Zcash trend.

Interest in Privacy Tokens

Trader JonnyJpegs suggested the rally might reflect increased interest in privacy-related tokens amidst governmental efforts to regulate encryption. Zcash's recent gains include a 490% increase over the past month, crossing a $5 billion market cap for the first time. The token, launched in October 2016, employs an encrypted ledger with zero-knowledge proofs, enabling both transparent and fully shielded transactions.

Similarly, Monero (XMR), another leading privacy coin, saw a 3.6% rise, despite being delisted or restricted on major exchanges like Binance and OKX.