Citing RBC, Zcash (ZEC) has surged over 800% in 2025, sparking debate in the crypto community over whether the rise is due to coordinated market manipulation or a fundamental reevaluation of the privacy-focused cryptocurrency. Zcash, launched in 2016, uses zero-knowledge proofs (zk-SNARKs) to enable private transactions and has a capped supply of 21 million coins. The recent rally, which began in late September 2025, has drawn support from notable figures such as Tyler and Cameron Winklevoss, who launched a $500 million digital asset treasury focused on Zcash. Critics argue the move is a coordinated 'pump,' while supporters cite technological upgrades and renewed interest in privacy as key drivers.
Zcash Surges Over 800% Amid Debate on Pump or Fundamental Growth
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