Zcash Up 134%, Hits $1000 For The First Time In Nearly 10 Years

Zcash (ZEC) is experiencing one of its most significant rallies in several years. The privacy-focussed cryptocurrency has reclaimed the $1000 price level after nearly 10 years. CoinGecko data shows that ZEC’s price has risen by 11.1% in the last 24 hours, 45.2% over the last week, and more than 134% in the monthly charts. ZEC has also risen by nearly 2432% since September 2025, beating most major assets in the yearly charts. Let’s discuss why Zcash (ZEC) is experiencing a price rally, and if the asset can hold on to the $1000 price level.

Why Is Zcash (ZEC) Rallying Today?

Zcash’s (ZEC) latest price rally beyond the $1000 mark comes amid a larger market-wide upswing that occurred in late August and early September. The cryptocurrency market saw increased investor confidence after President Trump White House event and increased liquidity from the US Treasury’s decision to increase bond buy backs. However, the larger market rally seems to be slowing down. ZEC, on the other hand, seems to be on a tangent of its own, defying the larger market trend.

One factor that could be fueling Zcash’s (ZEC) price rally is Grayscale launching a spot ZEC ETF (Exchange Traded Fund) a few days ago. ETFs have become a key price driver for crypto assets. Bitcoin (BTC) and Ethereum (ETH) both climbed to new all-time highs in 2025 thanks to increased ETF inflows. The launch of Grayscale’s ZEC ETF may have boosted investors confidence.

Zcash’s (ZEC) price rally beyond the $1000 mark may also be due to increased interest for privacy-focused assets. Individuals around the world have become increasingly distrustful of their governments and want to stay under the surveillance radar. Such sentiment seems to find new hosts every day. This could also be playing a major role in ZEC’s rising popularity.