Zcash Price Forecast: ZEC Targets $580 as Market Cap Surges Past $8 Billion
Zcash (ZEC), one of the original privacy-focused cryptocurrencies, continues to post impressive gains as broader market sentiment improves.
At the time of writing on Thursday, November 7, 2025, ZEC is trading around $492, marking a 17% gain this week and extending its month-long uptrend.
Zcash’s market capitalization has now surpassed $8 billion, securing its place among the top 25 cryptocurrencies by market value.
This resurgence reflects both renewed investor confidence in privacy assets and growing speculation around regulatory clarity for digital privacy solutions.
Technical Outlook: Bulls Target $580 Next
Zcash’s chart structure signals strong bullish momentum, with multiple indicators supporting a potential continuation higher.
The daily Relative Strength Index (RSI) currently hovers near 68, suggesting healthy buying pressure without entering overbought territory.
The price recently broke above key resistance at $470, flipping it into support. If bulls can maintain control above this level, the next key resistance zone lies between $550 and $580 — a range corresponding to the mid-April 2025 swing highs.
ZEC Technical Levels to Watch:
- Immediate support: $470
- Secondary support: $440
- Primary resistance: $550–$580
- Bullish breakout target: $600+
- Bearish invalidation: Close below $430
Analyst consensus suggests that a confirmed breakout above $520 could spark a new leg higher, potentially propelling ZEC toward the $580–$600 region in the near term.
Fundamentals Supporting ZEC’s Recovery
Zcash’s rally is not purely technical — it’s supported by renewed interest in privacy infrastructure and institutional narratives around data protection in blockchain ecosystems.
Several key factors have driven demand:
- Growing demand for privacy features amid increased on-chain surveillance.
- Integration of Zcash into DeFi platforms via wrapped ZEC tokens on Ethereum and Solana.
- Community proposals focused on scalability and Layer-2 privacy interoperability.
In late October, the Electric Coin Company (ECC) announced new cryptographic upgrades aimed at improving ZEC’s shielded transaction efficiency — a move that could make Zcash more competitive against modern privacy alternatives like Monero (XMR) and Namada (NAM).
Zcash Market Cap Breaks $8 Billion
Crossing the $8 billion market cap threshold marks a key psychological and structural milestone for ZEC.
This growth aligns with an influx of capital into mid-cap altcoins following the stabilization of Bitcoin (BTC) around the $110,000 region.
On-chain metrics reveal increasing wallet activity and inflows to centralized exchanges — both signs of rising market participation.
If momentum continues, analysts forecast ZEC could reclaim a double-digit dominance share among privacy-focused crypto assets for the first time since 2021.
What Could Go Wrong?
Despite bullish momentum, several risks remain:
- Regulatory scrutiny of privacy coins in major markets (U.S., EU, Japan) could weigh on investor sentiment.
- Profit-taking pressure may emerge near the $550 resistance zone.
- Broader crypto market volatility could lead to temporary retracements, especially if Bitcoin consolidates below $110,000.
Traders are advised to watch for volume confirmation during any breakout attempt and maintain tight stop-losses below $450.
Analyst Forecast: ZEC to $580 — Then $700?
Market analysts at several crypto research firms have turned decisively bullish on Zcash in recent weeks.
A recent report from FXStreet notes that if ZEC sustains above $480 through mid-November, “a measured move could lift Zcash to $580, followed by $700 in an extended breakout scenario.”
Historically, ZEC has shown high beta behavior, often outperforming other altcoins during periods of strong Bitcoin or Ethereum rallies.
If privacy narratives regain traction heading into 2026, Zcash could become one of the top-performing legacy Layer-1 assets.
Bottom Line
Zcash’s resurgence above $490 marks a significant turning point for one of crypto’s most iconic privacy assets.
With fundamentals improving, technical charts leaning bullish, and a growing narrative around digital privacy, ZEC’s path toward $580 looks increasingly plausible — provided bulls defend $470 support.
As one analyst put it:
“Zcash is no longer the forgotten privacy coin — it’s back in play, and the breakout window is open.”
