Zcash is the undisputed story of the week, surging as much as 23% to a fresh record near $1,369 after Paradigm co-founder Matt Huang publicly disclosed that his venture capital firm owns ZEC, instantly turning one of crypto's most respected investors into a bullish catalyst for the privacy coin. The move was so sharp that ZEC futures open interest jumped 37.84% in response, while funding rates turned negative — typically a sign that short sellers are being squeezed rather than fresh longs piling in recklessly.
Zcash's rally has now decisively outpaced every other major cryptocurrency for weeks running, building on its late-August Grayscale ETF conversion and cementing privacy coins as the only sector consistently trading above October 2025 levels while Bitcoin, Ethereum, and most altcoins remain well below their prior highs. The Paradigm disclosure adds serious institutional weight to a rally that some analysts had previously dismissed as a pure short squeeze, suggesting genuine smart-money conviction is now building behind the privacy-coin narrative.
#Zcash #ZEC #Paradigm #PrivacyCoins #CryptoRally
Zcash's rally has now decisively outpaced every other major cryptocurrency for weeks running, building on its late-August Grayscale ETF conversion and cementing privacy coins as the only sector consistently trading above October 2025 levels while Bitcoin, Ethereum, and most altcoins remain well below their prior highs. The Paradigm disclosure adds serious institutional weight to a rally that some analysts had previously dismissed as a pure short squeeze, suggesting genuine smart-money conviction is now building behind the privacy-coin narrative.
#Zcash #ZEC #Paradigm #PrivacyCoins #CryptoRally
