Zcash Jumps 70% in a Week on Renewed Interest in Privacy

Zcash gained roughly 70% over the past week, climbing from about $346 on May 1 to a seven-day peak of $593.86 on Wednesday before settling near $570 on Friday. Traders renewed interest in privacy-focused coins amid growing concerns about surveillance, artificial intelligence and quantum computing.

Market data show ZEC reached $593.86 on Wednesday and was trading around $570 on Friday. The price rise coincided with increased social-media mentions and higher retail trading activity.

Analysts and investors identified several drivers. Pav Hundal, lead market analyst at Swyftx, linked the shift to worries about AI, quantum threats to cryptography and expanding financial surveillance. Tushar Jain, co-founder of Multicoin Capital, confirmed his firm has built a significant position in ZEC since February.

Santiment, a market intelligence platform, characterized Zcash as “emphatically rebounding” and recorded a spike in social discussion of the token. The platform noted that many retail traders view privacy tokens as a hedge against tighter rules, surveillance and AI-driven data tracking, and it highlighted lower market caps across several privacy coins that can attract momentum trades.

Recent product launches in the crypto ecosystem were cited as additional factors. Polygon introduced private stablecoin payments, and Aptos Labs rolled out Confidential APT on its mainnet in April, a feature that conceals token balances and transfer amounts.

Privacy-focused tokens also saw notable gains in 2025. Zcash approached $700 in November 2025 and Monero reached $797.73 in January before both retreated from those levels.

Market observers noted that price spikes often fade once buying pressure and social attention ease. Traders and analysts will watch trading volume, on-chain activity and institutional flows for evidence of sustained support.