ZEC increased by 266% in the quarter: The driving force behind the breakout after the developer revealed the connection to Satoshi.

Since September 22, Zcash (ZEC) has made an impressive breakthrough, increasing by up to 488% from a level of 46.2 USD to 271.68 USD. In the fourth quarter of 2025 alone, this coin recorded a 266% increase, becoming one of the most prominent altcoins in the market.

Notably, on October 21, ZEC surpassed the psychological resistance level of 300 USD, but the rapid increase quickly encountered strong profit-taking pressure around the 304 USD region, forcing the bulls to temporarily step back to consolidate the momentum for the next phase.

Privacy tokens back in the spotlight

A notable trend in recent times is the strong resurgence of interest in privacy-focused cryptocurrencies. Dash (DASH) – a representative in the same segment – has increased by up to 99% just in October.

Source: Zkp.babyAccording to data from zkp.baby, the Zcash statistics dashboard shows that the amount of “shielded” tokens has reached 4.864 million ZEC, a significant increase compared to the 3.82 million ZEC recorded on October 8.

For those who are not familiar, “shielding” is the process of transferring assets from a public wallet to a private wallet in order to conceal the identity of the sender, the receiver, as well as the transaction value. This mechanism utilizes zero-knowledge proof technology (, which allows the network to verify the validity of the transaction without needing to access private data.

Currently, nearly 30% of the total ZEC supply has been anonymized — a figure that indicates the strong growth in the application of security features on the blockchain.

Data from Coinalyze shows that the open interest contract )OI( of ZEC has increased by 16% in just the past 24 hours, reaching 244 million USD at the time of writing — a significant jump compared to 29 million USD on October 1.

Developers reiterate Satoshi's words on proof of non-disclosure

On platform X, Mert — a renowned developer in the Solana ecosystem and a member of the Helius team — shared that the concept of “zero-knowledge” was once a novel idea during the time of Satoshi Nakamoto.

Both Mert and seasoned investor Naval Ravikant associate Zcash and its security technology with the early days of Bitcoin — when the ideal of a “crypted, free, and ungovernable” currency was first formed.

According to Mert, ZEC is not only a “dead coin” revived by the price surge of Bitcoin but also a living symbol of Satoshi's original vision. He emphasized that Satoshi once acknowledged: if the zero-knowledge proofs )ZK-proofs( could be practically applied, Bitcoin might have been built in a much more efficient way.

Technical Analysis: ZEC tests the important accumulation zone

On the technical chart, ZEC is currently fluctuating in the short-term accumulation range from 190 USD to 292 USD.

![])https://img-cdn.gateio.im/webp-social/moments-92e80439d00e93f1cc7f8843b8322867.webp(Daily ZEC/USDT Chart | Source: TradingViewThe CMF indicator remains above the +0.05 threshold, reflecting that buying pressure still prevails, while the MFI indicator begins to exit the overbought zone – a sign that the upward momentum is temporarily slowing down.

For short-term traders, the 290 – 305 USD area is considered an important breakout zone to watch closely.

On the contrary, for long-term investors who believe in the value of security tokens, they may not need to wait for new technical signals to make their action decisions.

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