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Zcash rally sparks renewed interest in privacy coins
Zcash (ZEC) rose by 70% during the first week of May 2026, with the value rising from about $346 on May 1 to $593.86 before stabilising around $570. The rally pushed ZEC’s market capitalisation above $10 billion, placing it among the world’s 15 most valuable digital currencies on the crypto heatmap. But the move is not limited to one coin. The immediate catalyst was a public disclosure by Multicoin Capital co-founder Tushar Jain, who revealed his firm had been accumulating a significant ZEC position since February 2026, framing privacy coins not as a speculative trade but as a hedge against “political trends ... (full story)
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