Zcash Soars 160% as Perp Futures Take the Stage

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Zcash, that sly whisper of privacy, vaulted 160 percent in a mere seven days, an ascent so theatrical it could make even a cautious chart blush. Riding the glittering crest of this momentum, Hyperliquid unveiled ZEC perpetual futures, granting traders the audacity of up to fivefold leverage to go long or short with flirtatious bravado. 💫😉

The broadcast of fortune landed with a wink just as Zcash fever heated on the boards of exchanges. On Friday, the privacy coin traded around $150, having sprinted from a shy sub-$60 cradle to nearly $155, according to CoinMarketCap-a ledger that loves drama as much as data. 🧭

By community request, you can now long or short $ZEC with up to 5x leverage.

– Hyperliquid (@HyperliquidX) October 2, 2025

Hyperliquid’s ledger of numbers shows ZEC peaking at $171.05 before easing to about $150, a 4% leap in the past 24 hours. Trading activity surged as more buyers crowded in, and ZEC found itself in the spotlight, one of the market’s most luminous performers in the past day. 🤹‍♂️💎

Strong technical backing

Technical signals dressed the rally in fine fabric. The RSI sat at 63.85, a brisk pulse without feverish heat, while the MACD lingered in bullish territory, promising continued charm. Momentum slowed for a breath, then revived as if wrung from a new grape. 🍷

The Coinalyze chart shows Zcash rising with lightning speed before settling into a steady gait. What stood out was that while the price kept climbing, the long-to-short ratio slid from above 1.5 to about 0.74, as if more traders fancied betting against ZEC even while its price action strutted bullishly. 🕺

Institutional and community momentum

Institutional sentiment added fuel to the fire. Grayscale confirmed its Zcash Trust is open for private placement, offering accredited investors exposure akin to Bitcoin and Ethereum products. Moreover, ex-Coinbase engineer and Helius CEO Mert Mumtaz argued privacy coins are crucial as CBDCs march forward. “Private money has to work,” he declared, hinting at a dystopian future without it. 💼🔒

Zcash, ranked 82nd by market cap at roughly $1.8 billion, remains a standout in the privacy quadrant. Its zero-knowledge proof technology lets users decide how much transaction data they reveal. As Zcash community adviser Thor Torrens noted, “It’s about consent. $ZEC provides users with the POWER to SELECT which part of their transaction history they disclose.”

The underlying point of Zcash is not that everything should be private.

It’s that individuals should have control over how much they reveal, and to whom.

It’s about consent. $ZEC provides users with the POWER to SELECT which part of their transaction history (if any) they…

– Thor Torrens (@ThorTorrens) October 3, 2025

Zcash’s surge and Hyperliquid’s cheeky move suggest a stronger push for private money in crypto. As institutions join in, ZEC could shape how people protect both their money and their freedom. 🪙🕶️

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2025-10-03 14:14