Zcash price rallies to $428, nearing full recovery for 2026 amid strong demand for privacy coins.

Zcash (ZEC) has surged to $428, reaching a four-month high and nearly erasing its losses for 2026. This price recovery is driven by increased demand for privacy-focused cryptocurrencies amid concerns over quantum threats and recent DeFi hacks. Both spot and futures markets show strong buying interest, with significant capital inflows and short-covering fueling the rally. If momentum continues, ZEC could surpass $430 and target $450, but a drop below $400 would signal a weakening trend.