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Zcash Rallies Amid Market Crash After Quantum Developments

By WebDeskMay 19, 20262 Mins Read
Zcash Rallies Amid Market Crash After Quantum Developments
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Zcash (ZEC) is showing strong growth despite a market-wide correction. According to CoinGecko data, ZEC’s price has surged 6.8% in the last 24 hours, 1.7% in the last week, 34.3% in the 14-day charts, and 76.1% over the previous month. Moreover, the privacy-focused cryptocurrency has registered a 1335.5% rally since May 2025. Zcash’s (ZEC) rally has far outshined the likes of Bitcoin (BTC), Ethereum (ETH), XRP, etc. Let’s discuss why the coin is going up, and if the pattern can sustain itself.

Zcash price rally
Source: CoinGecko

What’s Pushing Zcash’s Price Rally?

ZcashZcash
Source: Binance

Zcash’s (ZEC) upswing comes amid the project announcing post quantum developments. According to Zcash Open Development Lab founder and CEO Josh Swihart, the project may be able to reach full post-quantum status within 12 to 18 months. According to Swihart, Bitcoin (BTC) is no longer the cypherpunk-grade money it once was.

Also Read: Top 3 Cryptocurrencies If You Want To Be Anonymous

Furthermore, there is also a proposal to reduce Zcash’s (ZEC) block time from 75 seconds to 25 seconds. Additionally, the project is also working for increasing scalability towards a Visa- and Mastercard-level throughput. The drastic reduction in block time and increased scalability could make ZEC a very attractive currency for settlements.

Can The Rally Continue?

The cryptocurrency market has faced a steep price correction over the last few days. Bitcoin (BTC) has dipped from the $82,000 level to $76,000. BTC’s correction is likely due to hotter than expected inflation data, rising crude oil prices, and high bond yields. The development has led to a dip in the expectation of an interest rate cut. In fact, many expect rates to be hikes, or kept unchanged. Zcash (ZEC) could face a correction if interest rates go up.

However, there has been a surge in the demand for privacy-focussed cryptocurrencies. Many people are becoming increasingly concerned about government surveillance and prefer to be anonymous. Zcash (ZEC), and other privacy-focused coins are catering to this group. If the demand continues, ZEC’s price rally could continue.

Credit: Source link

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