Zcash (ZEC) Soars Past $500 as Rally Leaves Monero Further Behind
TL;DR:
- Daily high: Zcash (ZEC) recorded a 4.3% gain over the last 24 hours, reaching a price of $518.
- Market gap: The asset’s market capitalization stood at $8.65 billion, widening its lead over Monero (XMR) by nearly $1 billion.
- Technical level: The move reversed the drop from August 11, 2026, when the price briefly fell below $470.
During Monday’s session, Zcash (ZEC) soared past the $500 mark. Infrastructure development announcements and a technical recovery provided the momentum the asset needed.
The price of the privacy-focused cryptocurrency had hit a 24-hour low of $484 on Sunday afternoon. According to the session report, the market reclaimed the $490 level near midnight and held that support level until 2:00 a.m. EST, when sustained buy orders pushed the price to a peak of $518.
Despite experiencing a minor pullback toward the $515 area in the hours that followed, ZEC consolidated an intraday gain of over 4.3%. According to market data compiled by the source, this performance positioned the coin as the top daily performer among large-cap altcoins.
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