"Zcash (ZEC) rocketed past the $500 mark, peaking at $600 on May 6, which briefly pushed its market capitalization to $10 billion. The surge mirrored ZEC's rally in late 2025, flipping Monero as the top privacy coin by market cap."
"Multicoin Capital's significant ZEC position was a key factor in the rally, as they cited ZEC's seizure-resistant properties as a fit for the 2026 market. Analysts suggest ZEC could rally further, potentially eclipsing its 2025 peak of over $700."
On May 6, Zcash (ZEC) experienced a significant surge, rising over 40% to reach a peak of $600 and briefly achieving a market capitalization of $10 billion. The increase was fueled by Multicoin Capital's substantial investment in ZEC, which they deemed suitable for the 2026 market. Analysts predict that ZEC could continue to rise, potentially surpassing its 2025 peak of over $700. The rally also resulted in the liquidation of nearly $44 million in short bets within 12 hours, indicating strong market momentum.
Read at news.bitcoin.com
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