Privacy token Zcash (ZEC) is up in the last 24 hours, taking its weekly gain to 65% according to CoinMarketCap data. 

The recent rise has caused Zcash to surpass Cardano (ADA)'s market capitalization and it is currently the 11th largest cryptocurrency by market capitalization with a valuation of $9.824 billion, while Cardano sits in the 12th spot of largest cryptocurrencies with a market cap of $9.81 billion. 

Crypto Rankings, Image By CoinMarketCap

ZEC has risen over the past month following Multicoin Capital's disclosure of a "significant" position in the privacy coin. Prominent crypto fund Multicoin Capital disclosed it had been building a large Zcash position since February, saying that ZEC's shielded transactions could offer security against increased government efforts to audit and tax visible crypto holdings.

HOT Stories Avalanche Founder Warns of Bitcoin (BTC) Crisis Shiba Inu (SHIB), XRP, Toncoin (TON), Bitcoin (BTC) and Ethereum (ETH) Price Analysis for May 9th: Breakouts Fail, Key Support Levels Crack and Bullrun Momentum Collapses

You Might Also Like
Fri, 05/08/2026 - 12:48 Zcash 2027: Analyzing Quantum Roadmap Aiming to Turn ZEC Into 'Privacy-First Mastercard'ByGamza Khanzadaev

Zcash is set to roll out quantum-recoverable wallets in readiness against future quantum computing threats. The privacy coin aims to achieve full post-quantum status within 12 to 18 months, putting it ahead of major cryptocurrencies in quantum readiness.

ZEC is currently trading at $587, up 88% in the last 30 days and up 1278% on the year, but remains behind its November 2024 high near $750. This provides room for the rally to continue if the interest sustains. The next barrier is the $600 to $650 range, where ZEC consolidated through late 2024.

What's next? 

The difference between Zcash and Cardano's market capitalization is $0.01 billion, which leaves room for a potential flip in the coming sessions. It will be watched whether Cardano gets ahead or Zcash retreats, vacating the 11th spot of the largest cryptocurrency by market capitalization for another cryptocurrency. 

You Might Also Like
Sun, 05/03/2026 - 06:44 Zcash (ZEC) Rallies 7% on Golden Cross While Market StrugglesByTomiwabold Olajide

Zcash marked seven straight days of increases before slightly dropping as it faced resistance at $642. If the current profit taking continues and Zcash confirms overbought conditions, the $500 level might come into focus. The privacy coin has risen for four straight months and doesn't show signs of abating soon.

Analysts identify the $0.25 level as key for Cardano recovery, with ADA price eyeing a potential move to $0.53 if sustained. If this is the scenario, Cardano will target a potential move higher in crypto rankings and possibly flip Zcash.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。