- Zcash is up 12% as privacy coins, including Monero, post decent gains.
- The ZEC token has hit $50 from its low of $30 in February
- A crypto analyst says a breakout could see Zcash target $300.
The Zcash (ZEC) token pumped more than 12% as privacy coins joined the crypto party following Bitcoin’s spike to above $111,000.
As the investor community ponders what’s next for BTC amid overwhelmingly bullish forecasts, Ethereum, XRP, and even Dogecoin are up.
Meanwhile, the Zcash token has quietly pumped to hit prices above $50.
Privacy coins rally, with WLD up 16%
The surge for ZEC comes as the $49 billion privacy coins market witnessed spikes for Monero, MimbleWimbleCoin, Dash, and Decred. As well as these privacy coins, also on fire is Worldcoin, the token of the privacy-preserving network eyeing proof of personhood. WLD ranked as the top-gaining among these coins in the past 24 hours with a notable 16% uptick.
Helping Worldcoin’s upside is news that the World Foundation had secured funding of $135 million via private token sale to its venture capital partners, a16z and Bain Capital Crypto.
Zcash was up alongside most of these tokens, with potential catalysts including the recent ZEC integration with decentralized liquidity protocol Maya. Per details in the announcement, Maya is integrating Zcash to enhance the ecosystem’s decentralization, liquidity, and transaction privacy.
“The integration of Zcash with the Maya Protocol represents a major step forward regarding liquidity and decentralized exchange capabilities. With Maya, Zcash users can now enjoy the benefits of a more liquid and decentralized trading environment,” Maya wrote in a blog post.
Zcash price hits $50: What’s next?
Recent struggles saw Zcash price trade from highs of $75 in early December 2024 to lows of $30 in February 2025.
The downside mirrored the broader market cooling off post “Trump trade” euphoria.
However, Zcash also faced pressure as privacy coins came under fresh negative commentary.
The impact has been an increase in bearish action.
In this case, ZEC’s spike to above $50 has bulls excited.
If ZEC strengthens its bullish momentum, reclaiming support above $50, the next main target will be $75.
The psychological level of $100 is another hurdle, with a bull market target in the near term likely to be 2022 highs above $177.
Crypto analyst Javon Marks shared the update below about ZEC price on X, taking an even more bullish outlook:
$ZEC (ZCash) is back on the rise here and could be getting ready for a significant continuation towards the breakout target at $308.461!
This target is currently in play and over 555% away so a substantial increase can be on the way… https://t.co/3QR14bckEU
— JAVONMARKS (@JavonTM1) May 22, 2025
On the downside, $45 and $40 could be key support areas.
However, integration with Maya and Zcash’s stance on privacy is a big plus.
Zcash recently noted that a “truly private financial system protects all data of all users, not just their names.”
Recent security issues involving crypto projects and exchanges mean users fancy a privacy coin that caters to user security for wallet addresses, balances, and transactions.
Monero and Zcash continue to stand out as the top privacy-centric coins, and a surge in their respective prices suggests market attention.
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