📈 Zcash ( $ZEC ): Privacy Under Pressure from Major Players

Market Capitalization: $6.5 billion.

Zcash is a privacy coin focused on complete transaction confidentiality through zero-knowledge proof technology.

🟡 Unlike Bitcoin, ZEC allows sending fully encrypted transactions, hiding information about the sender, receiver, and amount.

What's happening❔

🗣2025 has been a breakthrough year for Zcash in terms of privacy technology adoption. More than 4.1 million ZEC (about 25% of total supply) are now in shielded pools, showing growing demand for financial confidentiality amid increasing surveillance.

🗣In December, Zcash founder Zooko Wilcox joined Cypherpunk Technologies as a strategic advisor.

🗣The company holds 233,644 ZEC ($101 million) and plans to expand its reserves. This signals institutional support, although it creates centralization risks.

🗣Grayscale has filed an application to convert its Zcash Trust into an ETF this is the first such product for a privacy coin. Approval could open the door for regulated institutional demand, although regulatory obstacles remain significant.

However, there are nuances❕

💬 On December 9th, Arkham Intelligence claimed it tracks 53% of ZEC transactions, sparking debates about the real degree of the coin's privacy.

💬 Additionally, the largest short seller on Hyperliquid is actively closing their ZEC position after moving into profit, redirecting capital to other assets.

Trading guidelines:📈 📉

📈 Resistance: $420 breakout could open the path to $460-$470.
📉 Support: $373 breakdown will strengthen the bearish trend.

Conclusion:
Zcash is balancing between institutional support and pressure from major players. The project remains interesting for those who value privacy, but short-term volatility will persist.

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