Zcash Breaks Out of 8-Year Downtrend, Up 70% in Month

Zcash (ZEC) is experiencing a notable rise, breaking an eight-year downtrend against Bitcoin (BTC) on the monthly logarithmic chart. Key highlights include:

  • ZEC has surged 70% in the last 30 days and 130% year-on-year against the dollar.
  • The breakout from the downtrend, initiated in 2017, was highlighted by crypto trader TraderButWhy on Sept. 29.
  • Mert, founder of Helius and a prominent advocate for ZEC, has been promoting it as a leading privacy solution, possibly driving its recent performance.
  • Zcash has undergone significant developments over nine years, enhancing privacy features like the transition to the Orchard Pool powered by Halo 2, eliminating the need for a trusted setup.
  • ZEC is currently trading at $67.66, marking significant growth from its previous position in the crypto market ranks.
  • Interest in privacy coins, including Zcash, is rising, as evidenced by increased Google searches.

Zcash (ZEC) one-month and one-year charts as of Sept. 29, 2025 | Source: CoinMarketCap