Arthur Hayes’ $10,000 ZEC Call Sparks Crypto-Wide FOMO, But Can Zcash Price Hold the Hype?
The Zcash (ZEC) price has surged by more than 750% in the past three months, with token holders gaining over 20% in the last 24 hours.
The dormant privacy coin from crypto’s early years started stealing the spotlight in October, after nearly nine years of relative dormancy following its launch in 2016.
Arthur Hayes Reawakens a Zcash Price RallyCoinGecko data shows ZEC is up by 20.8% to trade for $332.52 as of this writing. It follows a recent post from Arthur Hayes, after the BitMEX co-founder and former CEO called a $10,000 price target for ZEC, the powering token for the Zcash ecosystem.
Vibe check $ZEC to $10k pic.twitter.com/tBc0WaxzZ1
— Arthur Hayes (@CryptoHayes) October 26, 2025
Zcash (ZEC) Price Performance. Source: CoinGecko
The post from Hayes, known for his contrarian macro views and market-moving comments, reinvigorated interest in the altcoin after the Black Friday crash failed to stop ZEC.
“…after a long period of silence, it [ZEC] was suddenly endorsed by a legendary Silicon Valley investor, driving everyone to follow the trend and join in, subsequently triggering a full month’s FOMO market frenzy,” said analyst AB Kuai Dong.
Zcash has seen periodic spikes over the years but has largely faded into obscurity amid tighter regulation and waning developer activity.
Over the past few weeks, it has been back on traders’ radars, and not just for nostalgia. Against this backdrop, the analyst likened the ZEC price rally to the early Bitcoin and Ethereum mania, with several structural catalysts now aligning.
“ZEC absolutely blew my mind. Price pumped +755% in 3 months, testing the $305 “ATH” resistance. Greyscale launched a Zcash trust this month, a Hyperliquid listing, an upcoming halving, and the “BTC vs. Zcash” discussion triggered explosive momentum,” said crypto analyst Lennaert Snyder.
In the same tone, technical analyst Clifton FX highlighted an ascending triangle pattern for the ZEC price on the 8-hour chart, suggesting potential for another 100–150% upside on breakout.
$ZEC (Update)
Ascending triangle Pattern formation in 8h Timeframe.
In Case of Upside breakout we can see 100 – 150% bullish Rally