In an audacious statement, Arthur Hayes, the co-founder of BitMEX, boldly claims that Zcash might just leave XRP in the dust after a remarkable 43% surge-thanks to its privacy prowess.
It seems Mr. Hayes is quite the fan of Zcash lately! In yet another one of his optimistic (read: bullish) declarations, he has revealed that Zcash now holds the second-largest position in his fund, right behind Bitcoin. And, of course, he doesn’t shy away from the claim that ZEC could outshine XRP in the race for market cap supremacy.
Hayes Bets Big on Zcash’s Surge-Could XRP Be Left Behind?
In a recent tweet, Arthur Hayes confidently proclaims that Zcash is now a better contender than XRP. While Zcash sits comfortably in the 12th spot with a market cap of $10 billion, XRP, with its far larger $135 billion market cap, still reigns supreme. But hey, who’s counting?
This chart is just so stronk I aped more. >
– Arthur Hayes (@CryptoHayes)
As if this wasn’t enough, Hayes revealed that he’s bought even more ZEC during its recent uptick. Because why wouldn’t he? After all, Zcash is the second-largest liquid holding in his fund, right after Bitcoin. Not bad for a coin that’s all about privacy.
While most other cryptocurrencies are getting pummeled in the market turmoil, Zcash has been soaring-rising by a remarkable 43%. Meanwhile, Bitcoin’s been feeling a little sad with a 2% dip. Ah, the wonders of privacy coins!
Related Reading: Crypto News: Zcash (ZEC) Surges 20% After Arthur Hayes Sets Bold Price Target | Live Bitcoin News
Since Thursday, Zcash has surged to $743, a performance that certainly catches the eye. Bitcoin dropped to a mere $95,800 (poor thing), and Ethereum… well, it’s still stable, just hanging out, doing its thing. Zcash is making waves, but is it enough to challenge XRP’s massive market cap?
Despite Zcash’s recent rally, XRP still enjoys the glory of a much higher market capitalization, largely due to its regulatory compliance and its nifty use case in cross-border payments. Oh, and don’t forget-traditional financial institutions just love XRP. A classic case of “if it ain’t broke, don’t fix it”!
This debate represents the broader divide in the crypto world. On one side, we have privacy-loving assets like Zcash, and on the other, compliance-driven tokens like XRP. While Zcash’s market cap has been increasing, it still lags behind XRP in trading volume and overall market presence. But hey, it’s all about the journey, right?
Zcash’s Privacy Power and Institutional Backing-Is the Future Bright?
Over the past year, Zcash’s value has skyrocketed-up over 1082%, with a 1180% increase just in the last three months. It’s safe to say Zcash is experiencing some serious momentum. Who could have predicted it?
In addition to this impressive surge, Zcash has attracted the attention of Winklevoss Capital (yes, those Winklevoss twins), who are funding a new Zcash treasury company. The company, Cypherpunk Technologies, aims to secure a substantial portion of ZEC’s supply. Talk about big moves!
Zcash has truly taken the lead in privacy, leaving other privacy tokens like TORN in the dust. TORN recently hit a fresh all-time high in Total Value Locked (TVL) of $1.23B. But compared to Zcash’s price action? It’s like bringing a knife to a gunfight.
Despite all these wins, Zcash still struggles with mainstream recognition. Search trends globally show Zcash trailing behind the likes of Solana and, of course, XRP. So, will privacy coins ever rise to the top? Or is XRP’s reign unchallenged? Only time will tell, but Arthur Hayes is certainly keeping the conversation spicy.
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2025-11-16 06:58