Sri Lanka Crypto News

🚀 ZEC HITS ALL-TIME HIGH! 🚀🚀🚀 📈 The Milestone Zcash ($ZEC ) just smashed through $1,000 for the first time in 10 years! Trading around $1,010, up nearly 22% in 24 hours. But wait – the actual all-time high was $5,941 back in 2016. So this is a 10-year price high, not the historical ATH. --- 🔥 Why The Rocket? 1. Grayscale's Zcash ETF (ZCSH) 🏦 · First US spot ZEC ETF launched August 25 · Over $414M in assets already · Institutional money finally has a regulated on-ramp 2. Privacy Narrative 🕵️ · AI surveillance fears = more demand for private transactions · Zcash uses zero-knowledge proofs to hide transaction data 3. Massive Futures Action 💎 · Futures volume up 113% to $6.38B · Open interest hit $2.16B --- 🔮 Where Can ZEC Go? Target Price Upside Near-term $1,200 - $1,300 +20-30% Mid-term $1,700 - $1,800 +70-80% If ZEC = 2% of BTC cap $1,622 +60% If ZEC = 10% of BTC cap $8,100 +700% Influencer buzz: Some calling $2,500-$4,000 in 2-3 years. --- ⚠️ Reality Check · All-time high is $5,941 – still 5x away · RSI at 70 – technically overbought · June bug: A vulnerability caused a 50% crash --- 🧠 Bottom Line Bullish thesis: ETF inflows + privacy demand + corporate mining (Cypherpunk holds 1.9% supply) Bearish risk: Pullback to $700-$800 support likely before next leg --- #ZECHitsANewAllTimeHigh #Zcash #PrivacyCoins #ZCSH #CryptoBullRun #Grayscale