Privacy-focused cryptocurrency Zcash has experienced a remarkable 30% rally within 24 hours, climbing from $272 to $355 following a bullish prediction from industry veteran Arthur Hayes. Hayes, the former BitMEX CEO and a well-known figure in crypto circles, tweeted a “vibe check” suggesting Zcash could ultimately hit $10,000, prompting traders to rally behind the token and outperform many of its top 50 counterparts during the same timeframe.
This isn’t the first instance where Hayes’s market predictions have spurred significant moves. At the August WebX 2025 conference in Tokyo, Hayes claimed that Hyperliquid’s HYPE token might increase 126-fold over the next three years, which shortly followed with a 4% uptick for HYPE.
Crypto traders and analysts quickly linked Hayes’s endorsement to the sudden surge in Zcash’s price. AB Kuai Dong, a contributor to Binance Square, commented on X that Hayes’s backing appeared to ignite a market frenzy, with traders eager to follow his lead amid a widespread fear of missing out (FOMO).
Similarly, crypto trader Clemente shared that their own decision to purchase Zcash was driven by intense FOMO, noting, “I couldn’t keep myself sidelined to this run.” Their enthusiasm underscores how influential expert opinions and emotional market reactions continue to shape cryptocurrency price movements.
The recent rally in Zcash is also attributed to broader trends in the crypto space, particularly increased interest in privacy tokens like Monero (XMR). One trader, JonnyJpegs, noted that the rally likely signals growing investor confidence in privacy-oriented cryptocurrencies, especially as governments worldwide consider stricter controls over encryption and blockchain transactions.
Over the past month, Zcash has surged by an impressive 490%, crossing a $5 billion market capitalization threshold for the first time, according to CoinGecko. Launched in 2016, Zcash employs advanced zero-knowledge proofs, offering users options for transparent or fully shielded transactions—enhancing privacy without sacrificing security.
As privacy remains a contentious issue in crypto regulation, assets like Monero continue to attract attention; Monero’s price has edged up 3.6% in the last 24 hours and remains delisted or restricted on several major exchanges due to regulatory challenges. The ongoing interest indicates a persistent demand for confidential transactions amid tightening oversight.
This article was originally published as Zcash Soars 30% After Arthur Hayes’ $10,000 Call Sparks Investor Excitement on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.
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