Zcash price surge tops $1,000 as ETF inflows hit $34.4 million
Zcash’s price surge has pushed the privacy-focused cryptocurrency past a level many traders thought it would never touch again. ZEC, the network’s native token, broke above $1,000 for the first time since its volatile debut on exchanges back in late 2016, according to The Block. The move capped a month of relentless buying that has reshaped how investors talk about privacy coins in a market long dominated by Bitcoin and Ethereum.
Key takeaways
- ZEC hit a trading high of $1,023 on Friday, marking a monthly gain of roughly 94% and pushing its market capitalization toward $17 billion.
- Grayscale’s Zcash ETF, ticker G ZCSH, began trading on NYSE Arca on August 25, 2026, becoming the first U.S. exchange-traded fund offering direct exposure to ZEC.
- The fund has pulled in at least $34.4 million in net inflows since launch, including a single-day high of $12.6 million on September 2.
- Zcash’s mining computing power, or solrate, jumped from around 25 GSol/s to more than 30 GSol/s, squeezing miner revenue per unit of electricity by about 3%.
Zcash Price Surpasses $1,000 Mark
ZEC’s climb above $1,000 marks the token’s first sustained move into four-digit territory outside of a brief, chaotic stretch right after it hit exchanges nearly a decade ago. That distinction matters because it separates a genuine market repricing from the kind of early-listing volatility that skews long-term charts.
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