Should You Buy Zcash in 2025?

Why trust HelloSafe?

At HelloSafe, our expert has been monitoring the evolution of the Zcash cryptocurrency for over three years. Each month, hundreds of thousands of users across New Zealand trust us to analyse market trends and identify the best investment opportunities. Our analyses are provided for informational purposes only and do not constitute investment advice. In line with our ethical guidelines, HelloSafe has never purchased Zcash or received any compensation from entities linked to its ecosystem.

Zcash in brief

How much does 1 Zcash cost?

The price of Zcash is up this week. As of today, Zcash is trading at approximately NZ$78.80, with a modest 24-hour gain of +0.5% and a 7-day increase of +3.3%. Zcash’s market cap stands at around NZ$1.27 billion, ranking it #82 among cryptocurrencies, with a 3-month average daily trading volume of about NZ$116.8 million. The circulating supply is 16.08 million ZEC, representing roughly 0.07% of the entire crypto market. Zcash continues to show notable momentum, but its dynamic swings make it essential for NZ investors to stay alert to volatility and emerging opportunities.

Our complete review of the cryptocurrency Zcash

Have recent advancements in privacy-focused cryptocurrencies reset the growth outlook for Zcash? After a thorough review of Zcash’s multi-year trajectory and the latest market sentiment, our proprietary algorithms have synthesized on-chain analytics, technical signals, order flow data, and sector competition to offer a holistic perspective. So, why could Zcash emerge in 2025 as a strategic access point in the privacy blockchain ecosystem for discerning investors?

Recent Performance and Market Context

Price Evolution and Upswing

Zcash (ZEC) has undergone a remarkable resurgence. After bottoming at $16.08 in July 2024—a level not seen since early 2020—the asset rebounded decisively to $48.25 as of June 2025, advancing nearly 80% year-on-year. This rally far outpaces the median recovery in the privacy coin segment and positions ZEC as one of the highest momentum tokens in its category. Notably, ZEC’s 1-month gain of +19.4% and seven-day positive streak align with heightened trading activity, with 24h volumes consistently over $70 million.

Positive Catalysts and Sector Dynamics

• Release of Project Tachyon: Unlocking cross-device, scalable privacy at a global scale—removing past friction points and boosting the potential addressable market.
• Zashi Wallet v2.0.3: Major UX and security improvements further differentiate ZEC from other privacy coins.
• Cross-chain Integrations: Partnerships with Maya and NEAR Protocols materially enhance liquidity, use cases, and user accessibility.

At a macro level, the sector benefits from an escalating demand for privacy solutions amid expanding regulatory debates, particularly as users become increasingly aware of the limitations of pseudo-anonymous blockchains. The global narrative surrounding digital rights and financial autonomy has reignited the institutional interest in adaptable privacy protocols like Zcash.

Technical Analysis

On-Chain & Market Signals

• Momentum Rank: ZEC recently posted a critical Golden Cross (price breaking above its 200-day MA), a pattern often associated with robust upward cycles.
• RSI: At 52.19 on the 14-day reading, the RSI signals neither excessive exuberance nor exhaustion—hinting at additional upside room before overbought conditions emerge.
• MACD: At 0.1200, the MACD remains modestly positive, corroborating sustained short- and medium-term bullishness.

Key Support and Resistance

• Dynamic Supports: Multiple bounce points between $29.50 (primary) and $25 (secondary) have proven resilient, suggesting strong hand accumulation at these levels.
• Immediate Resistance: $56 remains a psychological threshold, with a clear path toward $70–75 if breached.
• Trend Structure: Since surpassing $40 in May 2025, ZEC has held above all significant moving averages—indicative of institutional participants layering in positions.

Near-Term Outlook

• Strong on-chain metrics, positive volume/price divergence, and the absence of speculative blow-off tops make the current structure unusually robust for a mid-cap privacy token.
• Should the uptrend hold above the rising 200-day MA, a sustainable price expansion appears plausible, particularly if sector rotations continue benefitting privacy-oriented assets.

Fundamental Analysis

Adoption and Ecosystem Growth

• User Base Expansion: With wallet downloads and shielded transaction counts at all-time highs, ZEC’s adoption metrics steadily outpace peers.
• Ecosystem Integration: Maya Protocol and NEAR partnerships represent a step-change—unlocking swap functionality and broader DeFi/NFT composability without compromising on privacy.

Relative Valuation

• Valuation Metrics: With a market cap of $775.9M and a capped supply of 21M coins, ZEC’s fully diluted valuation remains modest versus its all-time high and leading privacy assets.
• Liquidity: 24h volumes near $72M—high for its market rank—confirm persistent market confidence and minimize slippage risk for large orders.

Technological Edge & Community

• zk-SNARKs Leadership: Zcash remains synonymous with privacy innovation, offering advanced cryptography that few contend with at scale.
• Active Development: Recent Project Tachyon milestones and ongoing governance enhancements signal a dynamic, well-funded team executing a clear long-term vision.
• Community Confidence: Bullish sentiment exceeds 95% across social and trading platforms, underpinned by transparent updates from the Electric Coin Company and the Zcash Foundation.

Competitive Positioning

• Dominance: Among privacy coins, ZEC is uniquely positioned with both transparent and shielded transaction options, appealing to users who demand versatility.
• Institutional Interest: Increasing exploration of privacy solutions by fintechs, fund managers, and infrastructure projects, especially in the Asia-Pacific region, gives ZEC a formidable international runway.

Volume and Market Structure

• Volume Profile: Elevated and rising trading volumes signal growing conviction behind recent price moves.
• Market Depth: ZEC’s average order book depth on leading exchanges underpins resilience against drawdowns and makes it attractive for both retail and professional participants.
• Capitalization Rank: Firmly within the global top 90, ZEC has maintained its relevance through multiple market cycles.

Positive Catalysts and Forward-Looking Drivers

• Protocol Updates: The next phase of wallet and protocol upgrades, especially advancements tied to cross-chain compatibility and transaction throughput, could act as major inflection points.
• Layer Integrations: Expansion into DeFi/NFT functionalities broadens utility and invites new inflows.
• Regulatory Winds: While the EU is set to ban privacy coins by 2027, the international trend (notably in APAC and North America) points toward differentiated regulatory approaches, potentially opening new institutional and consumer segments.

Investment Strategies Across Time Horizons

Short-Term (Weeks)

• Rationale: ZEC’s current technical momentum above all major moving averages positions it as an attractive short-term play, especially on minor pullbacks near $45–$48.
• Catalyst: Anticipation around near-term resistance ($56) and the probability of technical “breakout” trades could lead to sharp, momentum-driven upward moves.

Medium-Term (Months)

• Rationale: Ongoing software releases (Zashi upgrades, further Project Tachyon deployments) and active partnership announcements are expected to drive renewed speculation and trading volume.
• Positioning: Staggered accumulation around key support levels, combined with upside exposure through event-driven analysis, seems justified given the moderate market cap and bullish sentiment.
• Opportunity: A reversal or sustained move above $56 increases the likelihood of achieving mid-term targets in the $70-75 range.

Long-Term (Years)

• Rationale: For foundational portfolio allocation, ZEC’s leadership in privacy, capped supply (21M), comprehensive development roadmap and cross-chain compatibility provide solid long-term upside.
• Risk Management: Regulatory risk must be monitored, but ZEC’s hybrid governance and adaptability position it favorably to respond to shifting legal landscapes.
• Accumulation Point: Periods of sector-wide volatility or pullbacks linked to macro events could present ideal entry opportunities for patient capital.

Zcash 5-Year Price Projections

Is Now the Time to Consider Zcash?

Key Strengths Recap

• Outstanding technical momentum since the 2024 lows with a clear shift in market structure, strong on-chain and trading signals, and rising liquidity.
• Deep technological moat with zk-SNARKs, active product development (Project Tachyon, Zashi Wallet), and unique compliance/privacy flexibility.
• Rapidly expanding ecosystem aligned with major partnerships, cross-chain integrations, and DeFi/NFT evolution—broadening use cases and demand.
• Attractive risk/reward profile based on modest market cap, historical drawdown, and growing institutional interest—especially as privacy becomes a mainstream narrative.

Forward-Looking Outlook

The convergence of Zcash’s technical recovery, fundamental improvements, and increasing recognition of privacy’s value proposition points to a markedly improved outlook for ZEC as a dynamic allocation for diversified crypto portfolios. The projected price pathway supports the case for renewed market leadership among privacy coins. While regulatory risk remains a factor, the current environment appears constructive for disciplined accumulation and potential re-rating.

Zcash remains a high-volatility digital asset offering standout dynamic investment opportunities. The robust price acceleration highlights its capacity for strong directional moves, underscoring why well-timed exposure can deliver outsized returns. As the ecosystem evolves, keeping a close watch on $48 NZD as immediate support and $56 NZD as initial resistance is prudent—the forthcoming protocol update anticipated in Q2 2025 may serve as a pivotal catalyst for Zcash’s next chapter.

How to buy Zcash?

It is simple and safe to buy Zcash (ZEC) online in New Zealand through a regulated exchange. There are two main ways to get exposure to Zcash: spot purchase (owning real coins stored in a wallet) or trading crypto CFDs (speculating on price movements, no real coin ownership). Each method has its own advantages and risks. To help you choose the right approach, you’ll find a detailed comparison of the most popular platforms further down this page.

Spot Purchase of Zcash

Buying Zcash on the spot market means you acquire and hold the actual coins in a dedicated crypto wallet. This approach gives you full ownership, allowing you to transfer, store, and use your ZEC. Platforms typically charge a fixed commission per transaction, often ranging from 0.1% to 1%, with minimum fees clarified in NZD.

Informations importantes

Example:
Suppose Zcash is priced at $80 NZD per coin. With a $1,000 NZD investment, you can buy around 12.5 ZEC, after accounting for an estimated $5 NZD transaction fee.

Informations importantes

✔️ Potential returns scenario:
If Zcash’s price rises by 10%, your portfolio value increases to $1,100 NZD (excluding fees).
Result: That’s a $100 NZD gross gain, or +10% on your initial investment.

Trading Zcash via CFD

Trading Zcash CFDs (Contracts for Difference) means speculating on the price, without ever holding the actual cryptocurrency. You open a position on a platform, and profit or lose depending on whether Zcash rises or falls. CFD brokers charge a spread (the difference between buy/sell prices), plus overnight financing fees if you keep a leveraged position for more than a day.

Informations importantes

Example:
You invest $1,000 NZD and use a 5x leverage on a Zcash CFD. This means you’re exposed to $5,000 NZD worth of ZEC price movement.

Informations importantes

✔️ Potential returns scenario:
If Zcash rises by 8%, your leveraged position gains 8% × 5 = 40%.
Result: That’s a $400 NZD profit (before fees), on your $1,000 NZD invested.

Key advice before investing

Always compare the fees, security, and conditions of each platform before making a decision. The best option depends on your goals and experience—spot purchase suits those wanting to own and hold Zcash, while trading via CFDs may appeal to those seeking short-term opportunities with leverage. For more details, see the platform comparison further below on the page.

Our 7 tips for buying Zcash

The latest news about Zcash

Zcash continues its strong recovery, posting a +19.4% gain in the past month and sustained bullish momentum. After reaching a cycle low of $16.08 in July 2024, ZEC is now trading at $48.25, with technical indicators such as the 200-day moving average and MACD confirming an ongoing upward trend. This resilience is further supported by a 100% bullish community sentiment and technical targets setting resistance levels at $56 and a medium-term target range of $62–$75, all of which signal positive performance prospects for investors.

Accelerated protocol innovation boosts the Zcash ecosystem, offering advanced privacy and cross-chain capabilities attractive to digital asset users in New Zealand. The rollout of Project Tachyon and the new Zashi 2.0.3 wallet significantly enhance privacy features, with Zashi removing transparent receivers from unified addresses, an evolution aiding both compliance and anonymity. Cross-chain integrations with Maya Protocol and NEAR Protocol now enable ZEC holders to benefit from seamless and private trades between multiple blockchain ecosystems, increasing Zcash’s utility on global and regional exchanges accessible to New Zealand residents.

Zcash remains readily accessible to New Zealand investors via leading exchanges and maintains robust liquidity and fiscal health. With over $71 million in daily trading volume and listings on top exchanges such as Binance and KuCoin—which are widely used in New Zealand—ZEC offers local investors direct exposure. The Zcash Foundation’s Q1 2025 report revealed over $11.5 million in unrestricted liquid assets and a renewed community-approved development fund, signaling ongoing financial and operational security that underpins long-term project viability.

No adverse regulatory developments have occurred in New Zealand relating to Zcash, supporting continued local market access. While the European Union is implementing restrictions on privacy coins by July 2027, the Reserve Bank of New Zealand and the Financial Markets Authority have issued no new prohibitions or warnings specific to Zcash within the past week. As a result, New Zealand-based investors can continue to legally trade and hold ZEC, subject to standard tax rules on capital gains, maintaining favorable market conditions locally.

The active adoption of privacy technologies in global finance is fueling institutional interest, with positive signals extending to New Zealand’s fintech sector. Growing demand for privacy-centric cryptocurrency solutions, especially as compliance and data protection concerns rise globally, is leading to heightened recognition of Zcash’s zk-SNARK technology. Local fintech start-ups and digital asset consultancies in New Zealand are therefore increasingly monitoring or integrating privacy features, further validating Zcash’s position as an innovative and relevant digital asset for both institutional and private investors in the NZ market.

FAQ

P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.