Рекордный рост Zcash: цена достигла $230 на фоне стремительного интереса трейдеров Translation: Record Surge in Zcash: Price Hits $230 Amidst Rapid Trader Interest

Over the past two weeks, the price of the anonymous cryptocurrency Zcash has surged by more than 325%. On October 10, the value of ZEC reached $230 for the first time since 2022.

CryptoQuant analyst Burak Kesmetci pointed out the short-lived nature of the current ZEC trend. He noted a «sudden and sharp increase in retail trader activity» within the Zcash futures market. Historically, such occurrences are associated with speculative peaks rather than sustainable accumulation phases.

«As the chart illustrates, periods marked in dark red (‘too many retail traders’) often coincide with local price peaks or overheated mini-rallies. The latest surge is the largest since 2021, indicating an unusual uptick in activity driven by retail traders, where trading frequency is significantly disconnected from the organic demand structure for ZEC,» the expert stated.

For a new and long-lasting trend to commence, this pattern must be accompanied by inflows in the spot market and institutional interest. Otherwise, any upward movement tends to «fade quickly, leading to a sharp correction,» Kesmetci concluded.

The recent growth wave began after the announcement of the launch of the Zcash Trust by asset manager Grayscale, aimed at accredited investors in the United States.

Positive sentiments have also spread to other privacy coins, such as Dash and Railgun, with the latter witnessing a nearly 230% rise over the past week.

In the last 24 hours, the market capitalization of anonymous cryptocurrencies has increased by 14%, reaching $12.7 billion.

Some experts have linked the segment’s rally to heightened discussions regarding privacy amidst new government initiatives.

One bill provoking significant public reaction is the «Chat Control» legislation currently under review by the European Union (EU). This document entails monitoring users’ private messages through AI to detect prohibited content.

«Surveillance and censorship are not diminishing but intensifying. Privacy will only become more valuable. More people will start to realize how transparent their actions are online, and censorship-resistant technologies will become our shield. For ZEC, this is just the beginning,» stated Tor Torrens, a former White House advisor and member of the Zcash advisory council.

In October, the coin received public backing from notable figures in the crypto industry, including venture capitalist Naval Ravikant.

«Bitcoin is insurance against fiat. Zcash is insurance against Bitcoin,» he tweeted earlier this month.

Unlike Bitcoin or Ethereum, this project supports fully private transactions through secure addresses, concealing the sender, receiver, and amount details.

Mert Mumtaz, CEO of Solana Helius Labs, also joined the promotion, asserting that tools like ZEC «truly enhance the privacy of cryptocurrency systems.» He anticipates the asset’s price could rise to $1000.

It is worth noting that starting in 2027, new AML rules will come into effect in the EU that will prohibit anonymous crypto accounts and the use of private coins like Monero and Zcash.