BitMEX co-founder Arthur Hayes has suggested that Zcash (ZEC) could eventually 
reach 10% of Bitcoin’s market capitalization, a long-term bullish thesis on 
privacy coins rather than a near-term price forecast. Based on ZEC’s 
circulating supply of around 16 million tokens, that scenario would imply a 
price in the high four-figure range, roughly $8,000–$10,000, depending on 
Bitcoin’s valuation. A Chart Pattern Worth Watching On the technical side, 
traders point to a possible cup-and-handle pattern, but this is a subjective 
chart formation with no guarantee of outcome. Resistance is often cited around 
$625–$650, with some speculative projections suggesting a move toward $1,000, 
though this depends heavily on broader market conditions and is not a 
confirmed target. The target also lines up with ZEC&#8217;s 1.618 Fibonacci 
extension, drawn from a $745 swing high down to a $185 swing low. Privacy 
Coins Pull Ahead ZEC is not moving alone. Monero and Dash, both privacy- 
focused tokens, have also posted gains over the past month. But Zcash leads 
the pack. Reports indicate the coin climbed more than 80% in 30 days while the 
total crypto market cap barely moved — up just 0.2% over the same stretch. 
$ZEC update This thing is running its own bull market rn… gg I closed my 
short. Especially with $BTC sitting on support around $76k Even a small pump 
in Bitcoin makes ZEC go absolutely stupid right now https://t.co/xLs6ficv7l 
pic.twitter.com/obAhbnXqfp — SnorlaX お金 (@SnorlaxOnChain) May 18, 2026 In the 
past three days alone, ZEC added 18% as the broader market slipped 3%. That 
split has prompted some traders to say Zcash is running its own bull market. 
Growing demand for financial privacy appears to be the main force behind the 
move, pulling fresh interest into a coin that had been largely overlooked for 
years. Related Reading: XRP Will Go ‘Higher, Much Higher,’ Analyst Says, 
Betting On Explosive Breakout Institutional Interest Adds Fuel Earlier in May, 
hedge fund Multicoin Capital disclosed it holds a position in ZEC. Around the 
same time, Robinhood added the token to its platform, opening it up to a wider 
pool of retail investors. Both developments landed at a time when the privacy 
narrative was already building. Hayes&#8217;s comment added another layer. His 
estimate was speculative — based on a market cap comparison to Bitcoin — but 
it drew attention and, according to data, ZEC&#8217;s value in Bitcoin terms has 
risen about 20.5% since he made the remark. Whether the cup-and-handle plays 
out or not, the coin has already proven it can move on its own terms. Featured 
image from Quicknode, chart from TradingView

BitMEX co-founder Arthur Hayes has suggested that Zcash (ZEC) could eventually reach 10% of Bitcoin’s market capitalization, a long-term bullish thesis on privacy coins rather than a near-term price forecast. Based on ZEC’s circulating supply of around 16 million tokens, that scenario would imply a price in the high four-figure range, roughly $8,000–$10,000, depending on &#8230;

Zcash Soars 88% In 30 Days: Is ZEC The Stealth Winner Of This Crypto Cycle?

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Rwanda’s Capital Markets Authority is establishing a strict regulatory regime 
for cryptocurrencies. Mandatory Licensing for Crypto Service Providers 
Rwanda’s Capital Markets Authority (CMA) has outlined how its upcoming virtual 
asset regulations will govern cryptocurrency trading, token issuance and 
digital investment platforms, following Parliament’s recent approval […]

Following parliament’s approval of its first digital asset legal framework, Rwanda’s Capital Markets Authority is establishing a strict regulatory regime for cryptocurrencies. Mandatory Licensing for Crypto Service Providers Rwanda’s Capital Markets Authority (CMA) has outlined how its upcoming virtual asset regulations will govern cryptocurrency trading, token issuance and digital investment platforms, following Parliament’s recent approval &#8230;

Zcash Soars 88% In 30 Days: Is ZEC The Stealth Winner Of This Crypto Cycle?

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