The post All about ZEC’s quarterly hike of 266% after dev links it to Satoshi appeared on BitcoinEthereumNews.com. Key Takeaways Why is ZCash rallying? With a 266% move upward in October alone, ZCash’s growth reflected a growing demand for privacy in the face of increased financial surveillance. What are the next resistance levels for ZEC? The $290-$305 is a supply zone, and beyond that, the $350 level is a notable resistance for ZEC. Zcash [ZEC] has taken the crypto market by storm. Since the 22nd of September, ZEC has rallied 488%, from $46.2 to $271.68. In Q4 2025 so far, ZEC was up 266%. The altcoin had briefly breached the $300 psychological resistance on the 21st of October, but faced selling pressure at $304, and the bulls were forced to retreat. Privacy coins return to the spotlight A noteworthy event has been that there has been a spike in demand for privacy tokens recently. Dash [DASH], another privacy coin, was up 99% in October. Source: zkp.baby According to zkp.baby, a ZCash metrics dashboard, 4.864 million tokens were shielded. This figure had been at 3.82 million ZEC on the 8th of October. For the uninitiated, the process of shielding refers to how the protocol collects deposits into transparent pools and transfers them to anonymous ones. This process uses zero-knowledge cryptographic methods to ensure the network sees none of the private data in the transaction. Nearly 30% of the Total Supply was now shielded, reflecting a rise in onchain privacy use. Retail has been quick to try to profit from the rally. Coinalyze data showed ZEC’s Open Interest (OI) increased 16% in the past 24 hours. The OI was at $244 million at the time of writing, a massive increase from the $29 million OI seen on the 1st of October. Dev recalls Satoshi’s comments on ZKPs In a post on X, popular Solana contributor Mert from Helius explained that… The post All about ZEC’s quarterly hike of 266% after dev links it to Satoshi appeared on BitcoinEthereumNews.com. Key Takeaways Why is ZCash rallying? With a 266% move upward in October alone, ZCash’s growth reflected a growing demand for privacy in the face of increased financial surveillance. What are the next resistance levels for ZEC? The $290-$305 is a supply zone, and beyond that, the $350 level is a notable resistance for ZEC. Zcash [ZEC] has taken the crypto market by storm. Since the 22nd of September, ZEC has rallied 488%, from $46.2 to $271.68. In Q4 2025 so far, ZEC was up 266%. The altcoin had briefly breached the $300 psychological resistance on the 21st of October, but faced selling pressure at $304, and the bulls were forced to retreat. Privacy coins return to the spotlight A noteworthy event has been that there has been a spike in demand for privacy tokens recently. Dash [DASH], another privacy coin, was up 99% in October. Source: zkp.baby According to zkp.baby, a ZCash metrics dashboard, 4.864 million tokens were shielded. This figure had been at 3.82 million ZEC on the 8th of October. For the uninitiated, the process of shielding refers to how the protocol collects deposits into transparent pools and transfers them to anonymous ones. This process uses zero-knowledge cryptographic methods to ensure the network sees none of the private data in the transaction. Nearly 30% of the Total Supply was now shielded, reflecting a rise in onchain privacy use. Retail has been quick to try to profit from the rally. Coinalyze data showed ZEC’s Open Interest (OI) increased 16% in the past 24 hours. The OI was at $244 million at the time of writing, a massive increase from the $29 million OI seen on the 1st of October. Dev recalls Satoshi’s comments on ZKPs In a post on X, popular Solana contributor Mert from Helius explained that…

All about ZEC’s quarterly hike of 266% after dev links it to Satoshi

2025/10/23 15:21

Key Takeaways

Why is ZCash rallying?

With a 266% move upward in October alone, ZCash’s growth reflected a growing demand for privacy in the face of increased financial surveillance.

What are the next resistance levels for ZEC?

The $290-$305 is a supply zone, and beyond that, the $350 level is a notable resistance for ZEC.


Zcash [ZEC] has taken the crypto market by storm.

Since the 22nd of September, ZEC has rallied 488%, from $46.2 to $271.68. In Q4 2025 so far, ZEC was up 266%.

The altcoin had briefly breached the $300 psychological resistance on the 21st of October, but faced selling pressure at $304, and the bulls were forced to retreat.

Privacy coins return to the spotlight

A noteworthy event has been that there has been a spike in demand for privacy tokens recently. Dash [DASH], another privacy coin, was up 99% in October.

Source: zkp.baby

According to zkp.baby, a ZCash metrics dashboard, 4.864 million tokens were shielded. This figure had been at 3.82 million ZEC on the 8th of October.

For the uninitiated, the process of shielding refers to how the protocol collects deposits into transparent pools and transfers them to anonymous ones.

This process uses zero-knowledge cryptographic methods to ensure the network sees none of the private data in the transaction.

Nearly 30% of the Total Supply was now shielded, reflecting a rise in onchain privacy use.

Retail has been quick to try to profit from the rally.

Coinalyze data showed ZEC’s Open Interest (OI) increased 16% in the past 24 hours. The OI was at $244 million at the time of writing, a massive increase from the $29 million OI seen on the 1st of October.

Dev recalls Satoshi’s comments on ZKPs

In a post on X, popular Solana contributor Mert from Helius explained that the concept of zero knowledge was novel at the time of Satoshi.

Both Mert and Naval Ravikant tied Zcash and its privacy to the early days of Bitcoin’s adoption. ZEC enables the core idea of “encrypted and unstoppable cash”.

This is why ZEC is not just a dinosaur coin bouncing on the back of a consolidation phase or renewed rally for Bitcoin.

Mert pointed out that Satoshi admitted that if ZK-proofs were made practical, Bitcoin could be built more conveniently.

Technical setup points to key range

Source: ZEC/USDT on TradingView

Technical analysis showed ZEC trading within a short-term range (yellow) that reached from $190 to $292.

The CMF was above +0.05, indicating significant buying pressure. The MFI was falling out of the overbought zone, signaling cooling momentum.

Swing traders can look to buy the breakout past the $290-$305 area. Investors enamored by privacy might not wait for a technical breakout to buy.

Next: Are Bitcoin whales holding back BTC’s next bull run?

Source: https://ambcrypto.com/all-about-zecs-quarterly-hike-of-266-after-dev-links-it-to-satoshi/

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Share Insights

You May Also Like

CME Group to launch options on XRP and SOL futures

CME Group to launch options on XRP and SOL futures

The post CME Group to launch options on XRP and SOL futures appeared on BitcoinEthereumNews.com. CME Group will offer options based on the derivative markets on Solana (SOL) and XRP. The new markets will open on October 13, after regulatory approval.  CME Group will expand its crypto products with options on the futures markets of Solana (SOL) and XRP. The futures market will start on October 13, after regulatory review and approval.  The options will allow the trading of MicroSol, XRP, and MicroXRP futures, with expiry dates available every business day, monthly, and quarterly. The new products will be added to the existing BTC and ETH options markets. ‘The launch of these options contracts builds on the significant growth and increasing liquidity we have seen across our suite of Solana and XRP futures,’ said Giovanni Vicioso, CME Group Global Head of Cryptocurrency Products. The options contracts will have two main sizes, tracking the futures contracts. The new market will be suitable for sophisticated institutional traders, as well as active individual traders. The addition of options markets singles out XRP and SOL as liquid enough to offer the potential to bet on a market direction.  The options on futures arrive a few months after the launch of SOL futures. Both SOL and XRP had peak volumes in August, though XRP activity has slowed down in September. XRP and SOL options to tap both institutions and active traders Crypto options are one of the indicators of market attitudes, with XRP and SOL receiving a new way to gauge sentiment. The contracts will be supported by the Cumberland team.  ‘As one of the biggest liquidity providers in the ecosystem, the Cumberland team is excited to support CME Group’s continued expansion of crypto offerings,’ said Roman Makarov, Head of Cumberland Options Trading at DRW. ‘The launch of options on Solana and XRP futures is the latest example of the…
Share
2025/09/18 00:56
Mike Selig Appointed as New CFTC Chair Amid Crypto Focus

Mike Selig Appointed as New CFTC Chair Amid Crypto Focus

The post Mike Selig Appointed as New CFTC Chair Amid Crypto Focus appeared on BitcoinEthereumNews.com. Felix Pinkston Oct 28, 2025 04:08 Mike Selig, former SEC Crypto Task Force leader, has been appointed by President Trump as the new CFTC Chair, marking a pivotal shift in U.S. crypto regulations. In a significant development for the U.S. financial regulatory landscape, Mike Selig has been appointed as the new Chair of the Commodity Futures Trading Commission (CFTC) by President Donald Trump, according to CryptoNews. This appointment follows Selig’s tenure as the leader of the Securities and Exchange Commission’s (SEC) Crypto Task Force, where he served as chief counsel. Mike Selig Speaks Amid CFTC Chair News Selig expressed his gratitude and vision on social media, stating he was “honored” to take on the role of CFTC Chair. He emphasized the potential for a “Great Golden Age for America’s Financial Markets,” attributing this to the President’s leadership. Selig pledged to enhance the functioning of commodity markets and bolster the U.S. position as a leader in the crypto space. His appointment is seen as a strategic move to align the CFTC’s policies with the growing influence of digital assets in financial markets. Selig’s previous role at the SEC, where he focused on crypto regulations, is expected to influence his approach at the CFTC. Brian Quintenz Nomination Withdrawn After Winklevoss Concerns Selig’s nomination follows a tumultuous period involving the initial nominee, Brian Quintenz, who faced opposition from prominent figures in the crypto industry, including the Winklevoss twins. Concerns were raised regarding Quintenz’s alignment with the administration’s crypto policies, leading to the withdrawal of his nomination. Quintenz’s candidacy was marred by controversy, particularly after private communications with Tyler Winklevoss surfaced, discussing past litigation with the CFTC. The incident highlighted the complexities and political sensitivities surrounding crypto regulation. President Trump, who has been a vocal supporter…
Share
2025/10/28 12:41