Zcash Surges 30% Following Arthur Hayes’ $10K Prediction
Zcash has seen a remarkable increase of 30% in just 24 hours after Arthur Hayes forecasted that the cryptocurrency could hit $10,000.
Privacy-focused cryptocurrency Zcash has recently soared by 30% within a mere 24 hours, spurred by predictions from crypto entrepreneur Arthur Hayes suggesting that the asset could eventually reach the $10,000 mark.
Zcash’s price leaped from $272 to a high of $355 shortly after Hayes’s optimistic remarks on his X account this past Sunday, outpacing all other cryptocurrencies in the top 50 by market capitalization in the same period.
This isn’t the first instance of Hayes’s forecasts correlating with significant jumps in cryptocurrency values. At the August WebX 2025 conference in Tokyo, he predicted an impressive 126-fold surge for Hyperliquid’s HYPE token over the next three years, leading to a 4% increase for HYPE.
Arthur Hayes’ post on X
Source: Arthur Hayes
Hayes’ Endorsement Triggered FOMO
AB Kuai Dong, a crypto trader and contributor to Binance Square, speculated in a post on X that the Zcash surge was predominantly driven by Hayes’s endorsement. He articulated that it motivated everyone to follow suit, igniting an entire month of FOMO (Fear Of Missing Out) frenzy.
Another user known as Clemente, who is both a crypto trader and board member of the treasury company K9Strategy, confessed to participating in the Zcash rally because the excitement was overwhelming.
Clemente’s post on X
Source: Clemente
Focus on Privacy Tokens
Meanwhile, investor JonnyJpegs suggested that the recent surge is more reflective of an increasing desire among users to invest in privacy-oriented tokens as governments around the globe continue to exert control over encryption and privacy technologies.
According to CoinGecko, Zcash has reported a staggering increase of 490% over the last month and crossed a market cap of $5 billion for the first time on Sunday.
The token, launched in October 2016, utilizes an encrypted ledger with zero-knowledge proofs to allow transactions that can be either visible to the public or completely private, allowing anonymity for all parties involved.
Monero (XMR), the leading privacy coin by market cap, also experienced a 3.6% increase recently. However, it is still facing restrictions on most major platforms, including Binance and OKX, along with several trading platforms in Europe.
