Zcash Surges Above 100% After Privacy Upgrade

Zcash surged sharply in recent trading, with reports of weekly gains up to about 107% and 24‑hour moves of 16–63%, lifting prices from roughly $69 to above $121 and marking multi‑month to multi‑year highs. The rally has been driven by endorsements including from Naval Ravikant, sizable on‑chain inflows reported near $640 million, new cross‑chain shielded utility such as Zashi CrossPay, and a spike in social dominance and retail and institutional interest. Technical and on‑chain indicators — positive MACD, Aroon, Balance of Power, rising net inflows and increased futures open interest — point to bullish momentum. Market participants identify a key resistance zone around $75–77 that must be cleared to extend gains toward roughly $90–$111, while overbought readings and pattern risk could prompt pullbacks. The move has coincided with broader altcoin rotation and macro tailwinds such as a weaker dollar and stronger gold.