ZCash Soars 140%, Flipping BCH and Aiming for Top-10 Spot

Zcash (ZEC) has experienced a remarkable surge, surpassing Bitcoin Cash (BCH) in market capitalization and delivering a staggering 140% monthly growth. The privacy-focused cryptocurrency is poised to reach new heights, driven by DeFi expansion and institutional interest, as it continues its upward trajectory even amidst broader market volatility. Recent halving event and growing institutional investment have further fueled this momentum. A noteworthy investment from Cypherpunk Holdings, a Winklevoss-backed treasury firm, adds credibility, boosting their total holdings to $150 million. 4-hour chart analysis highlights a potential double bottom near $548 as a bullish signal, while the technical indicators remain positive for further gains. The outlook is strong for Zcash, potentially reaching new all-time highs exceeding $700 and challenging Cardano’s top 10 ranking.