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Zcash price hits $795, up 8.5% above 12-month high amid strong volume and privacy demand.

Technical Signals
23 Aug 2026
CryptoTicker
View Source
Bullish
pluang ai news

Zcash (ZEC) surged to $795.03, surpassing its 12-month high by 8.5%, driven by a strong uptrend confirmed by high trading volume of $2.53 billion, well above its 30-day average. The coin's market cap reached $13.38 billion, ranking it 11th among cryptocurrencies. Key factors supporting Zcash include its fixed supply, privacy-focused shielded transactions, and scheduled issuance halvings. However, the price is currently extended and overbought, suggesting caution for new buyers due to potential pullbacks and regulatory uncertainties around privacy coins. Long-term prospects depend on demand for privacy features and regulatory developments, while short-term entry risks remain elevated.

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