Should You Buy Zcash in 2025?

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At HelloSafe, our expert has been closely monitoring the evolution of Zcash cryptocurrency for over three years. Every month, hundreds of thousands of users in Singapore trust us to analyze 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 charter, HelloSafe has never purchased Zcash nor received any compensation from entities associated with its ecosystem.

Zcash in brief

*Estimate based on emission history and supplied report.

How much does 1 Zcash cost?

The price of Zcash is up this week. As of today, Zcash trades between SGD 65.45 and SGD 68.20, with a 24-hour gain of +2.66% and a weekly movement between SGD 61.65 and SGD 74.89.

Its current market capitalisation stands at around SGD 1.10 billion, ranking Zcash among the top 100 cryptocurrencies by value.

The average daily trading volume over the past 3 months has been around SGD 90 million, with approximately 16.6 million ZEC in circulation, representing about 0.08% market dominance.

Given the typical volatility in the crypto market, Zcash may present both risks and unique opportunities for investors in Singapore.

Our full review of the cryptocurrency Zcash

Have recent analyses of Zcash revealed overlooked momentum building in privacy coins? Our multi-factor review combines three-year price action, on-chain analytics, technical indicators, market data, and a proprietary cross-comparison with competing assets to distill key signals. So, why might Zcash be poised to regain its stature as a strategic entry point within the privacy crypto ecosystem in 2025?

Performance Analysis & Market Context

Recent Price Evolution

Zcash (ZEC) has shown a resurgent trajectory over the last twelve months, recovering forcefully from its 2024 lows near $16 and reaching recent marks between $48.42 and $50.47 USD as of June 8, 2025. This performance reflects a remarkable +80% annual growth, underscoring robust bullish sentiment relative to the broader altcoin landscape. Although price volatility has characterized the sector, ZEC has maintained higher highs, even amid sporadic corrections, with a 7-day trading range spanning $45.61 to $55.45 and a recent all-time high at $365.57 (Nov. 2021) still serving as a distant reference point for potential revaluation.

The 24-hour price change of +2.66% and a target price consensus gravitating toward $63–$65.61 illustrate increasing alignment between market participants and analyst forecasts on medium-term upside. This is buttressed by an average daily trading volume—$65–$68 million USD—that reflects strong liquidity, ensuring market depth for both institutional and retail participants.

Recent Positive Events

• Sector Momentum: The recent cross-market rally in privacy coins (notably a 12% surge in ZEC) aligns with a broad return of interest in privacy as a utility and investment thesis.
• Leadership Renewal: The December 2023 transition to Josh Swihart as CEO at Electric Coin Company signaled a refreshed governance structure, typically supportive of renewed investor confidence.
• Evolving Governance: Ongoing discussions around the expiring developer fund, with a shift to on-chain polling for future funding, suggest increasing decentralization and community involvement.

Macro and Sector Tailwinds

The privacy-focused blockchain niche is regaining center stage globally amid rising concerns over data protection, financial surveillance, and the drive for sovereign digital cash. Regulatory environments remain a challenge, but the surge in privacy coin trading volumes demonstrates growing demand for these features. The macro cryptocurrency market’s stabilization since late 2024, paired with consistent inflows into Grayscale Zcash Trust and similar institutional vehicles, sets a favorable context for further traction.

Technical Analysis

Indicator Overview

• RSI (14d): The current RSI is in the neutral zone (49.52–52.19), indicating neither overbought nor oversold conditions. This neutral stance, however, can serve as a springboard for momentum should new positive catalysts arise.
• MACD: While exact figures are unavailable, ongoing upward momentum and recent price structure suggest a tendency toward bullish crossovers in MACD.
• Moving Averages: Both the 50-day and 200-day moving averages have trended upward since October 2024, confirming a structurally bullish backdrop for medium-term investors.
• Support & Resistance: With strong support at $32.00 and resistance near $45.63, ZEC is consolidating above key technical levels. The ability to hold above $45 raises the probability of a breakout, especially if fundamentally driven news or upgrades materialize.

Short/Mid-Term Outlook

• Momentum: Technical structure remains mildly bullish, and the consistently high trading volumes point to robust ongoing interest.
• Support Levels: $32 as primary support, with intermediate cushions at $42.49. Breaches below these levels have historically been met with notable buying pressure—signaling favorable risk/reward dynamics on retracements.
• Reversal Signals: Minor pullbacks have seen prompt reversals, supported by market liquidity and renewed speculative energy.

Fundamental Analysis

Adoption & Ecosystem Development

• Positioning: Zcash is now the #2 privacy coin by market cap, solidifying its positioning behind Monero and standing out from numerous less-developed rivals.
• Partnerships & Institutional Entry: The ongoing existence of the Grayscale Zcash Trust enhances institutional accessibility, reflecting deepening integration with professional investors.
• Technology Edge: Zcash’s fundamental innovation—deploying zero-knowledge proofs for strong transaction privacy—is continually cited both in academic and industry settings as a state-of-the-art blockchain application.

Market Valuation

• Attractive Valuation: With a market cap of $809M–$837M and a daily turnover ratio around 8.4%, current valuations remain notably below historic highs while evidencing substantial network traction.
• Fixed Supply: Like Bitcoin, Zcash’s absolute supply cap (21M units) enforces scarcity—a perennial driver for upside speculation when demand spikes.

Volume & Liquidity

• Liquidity Metrics: With stable $65M+ daily volume and tight bid-ask spreads, ZEC offers a high degree of tradability, critical for entry and exit flexibility.
• Market Ranking and Dominance: Consistently ranked #80–101 by market cap, Zcash retains dominance in its niche and offers lower relative risk compared to newer privacy tokens.

Differentiators & Community

• Research-Driven Protocol: Led by cryptography experts at the Electric Coin Company, the ZEC community is highly active, favoring ongoing R&D in privacy technology and decentralized governance.
• Development Roadmap: As protocol upgrades and funding governance (like on-chain grant polling) come online, the ecosystem becomes more robust and resilient—potentially drawing more developer talent and users.

Catalysts & Positive Outlook

Growth Catalysts

• Upcoming Protocol Upgrades: Anticipated enhancements around governance, scalability, and interoperability will further reinforce Zcash's competitive edge. The expiration of the current funding model in November 2025 may act as both a governance and price catalyst, particularly as the community shifts toward coinholder-driven grants.
• Sector Adoption: The ongoing migration of user bases concerned with financial privacy—both at retail and institutional levels—bodes well for sustained demand.
• Favorable Regulation: Jurisdictions advocating for cryptographic privacy and digital asset freedoms could unlock new markets or listings for Zcash.
• Ecosystem Expansion: Increased DeFi and cross-chain integrations are likely as privacy moves from narrative to necessity in Web3 financial infrastructure.

Investment Strategies By Horizon

• Short-Term (weeks–3 months):
• Zcash’s thick liquidity and persistent volatility allow for tactical positioning on short-term pullbacks towards $45–$47.
• Potential catalyst: Announcement of governance upgrades/new DeFi integrations could trigger sharp upward movements.
• Medium-Term (4–12 months):
• As the funding model evolves and the privacy narrative gathers pace, positioning ahead of November 2025 (funding mechanism transition) seems opportunistic.
• Historical cycles show that privacy coins often outperform the broader market during phases of regulatory chatter or privacy debates.
• Long-Term (12–36 months):
• Long-term holders benefit from Zcash’s immutable supply cap, mature developer community, and entrenched status as a sector bellwether.
• The combination of scarcity mechanics and deep technical moat could enable ZEC to capture both store-of-value and privacy utility demand into the late 2020s.
• Ideal positioning: Accumulation on technical pullbacks, or strategic DCA (dollar-cost averaging) ahead of protocol-level upgrades, offers a prudent approach for those seeking to balance risk and reward.

Price Projections Table

Is Now the Right Time to Consider Zcash?

In sum, Zcash stands out as a technically sophisticated, institutionally viable, and structurally scarce privacy coin—precisely as cybersecurity and private digital value transfer move to the forefront of both public debate and investor strategy. The convergence of a bullish technical posture, expanding institutional interest, robust governance evolution, and an underpriced fundamental base supports a renewed focus on this asset.

• Outperformance relative to prior years combined with sectoral tailwinds
• Strong market liquidity and resilient community governance
• Upcoming protocol upgrades and a strategic inflection point in privacy assets
• A fixed and deflationary supply model, rare in the digital assets landscape

Zcash could well embark on a new bullish phase as the privacy narrative regains force; the combination of technical, fundamental, and macro catalysts justifies a revived interest in the asset. For investors seeking exposure to a maturing, high-potential privacy blockchain, ZEC currently seems to represent an excellent opportunity for thoroughly risk-managed allocation.

The acceleration seen in Zcash’s recent moves demonstrates its capacity for dynamic, outsized returns—but naturally, prudent risk management remains critical in this volatile segment. Core support zones to monitor include $48 as immediate backing and $55 as the next major resistance. The anticipated governance update scheduled for Q4 2025 may act as a pivotal catalyst for ZEC’s future valuation trajectory.

How to buy Zcash?

It is simple and secure to buy Zcash (ZEC) online from Singapore through a regulated platform. Investors generally have two main options: direct spot purchase, where you acquire and hold the actual coin in a crypto wallet, and trading Zcash via Contracts for Difference (CFD), which allows you to speculate on price movements without owning the underlying asset. Each method has its own risks and potential rewards, making it important to understand the differences. For an overview of the best platforms available in Singapore, see our detailed comparison further down this page.

Spot Purchase

Buying Zcash “spot” means you own real ZEC coins, which you can store in your personal crypto wallet for added security. With this approach, you are buying actual cryptocurrency at the current market price. Standard fees for spot purchases usually include a fixed transaction commission, typically around 0.2%–0.5% per trade, and sometimes a small flat fee in SGD.

Example

Suppose Zcash is trading at USD 50 (about SGD 67.50), and you wish to invest SGD 1,000. After considering a transaction fee of SGD 5, your available investment is SGD 995, so you acquire approximately 14.7 ZEC coins (SGD 995 ÷ SGD 67.50).

Profit Scenario

If Zcash rises by 10%, your holdings are now worth SGD 1,100.
Result: SGD 100 gross profit (+10% on your investment).

Trading via CFD

CFD (Contract for Difference) trading lets you speculate on Zcash’s price without holding the actual asset. You can trade both on the rise and fall of its price, and use leverage to amplify your market exposure. CFD trading fees typically include a spread (the difference between buy/sell price) and overnight financing costs if you hold the position for more than a day.

Example

You open a CFD position on Zcash with SGD 1,000 and use 5x leverage. This means you control a position worth SGD 5,000 on the Zcash market.

Profit Scenario

If Zcash’s price increases by 8%, your position grows by 8% × 5 (due to leverage) = +40%.
Result: SGD 400 gross profit, on your initial SGD 1,000 (excluding fees).

Final Advice

Before investing, always compare the costs, security, and features of each platform, as fees and conditions may differ widely. Your choice should match your investment goals and experience in the crypto market—whether you prefer to own Zcash directly or trade on its short-term price movements. For more details, consult our platform comparison lower on this page.

Our 7 tips for buying Zcash

The latest news about Zcash

Zcash maintains listing and liquidity on Singapore’s major exchanges, supporting seamless SGD trading for local investors. In the past week, Zcash (ZEC) trading pairs have remained active on prominent Singapore-based platforms such as Crypto.com, Tokenize Xchange, and independent brokers, ensuring that local investors retain access to both SGD and USD denominated ZEC trades. Liquidity levels have remained stable, and there has been no indication of delisting or restricted functionality, which is significant given increased global scrutiny of privacy coins. This continued availability reflects robust compliance efforts and the adaptation of leading exchanges to evolving local regulatory expectations.

Regulatory developments in Singapore have not imposed new restrictions on privacy coins, supporting stable access to ZEC for residents. Recent publications and MAS (Monetary Authority of Singapore) updates show that, as of this week, there have been no additional regulatory actions specifically targeting privacy coins like Zcash. While privacy coins remain under observation due to global AML/CTF concerns, MAS’s risk-based framework has not proposed new limitations or exchange requirements affecting ZEC. This comparatively accommodative approach ensures that Zcash continues to be accessible to both retail and professional investors in Singapore, in contrast to recent action in several other jurisdictions.

Zcash’s strong year-over-year performance and positive price momentum have attracted increased attention from Singaporean wealth platforms and family offices. With a one-year increase of over 80% and a current price in the $48–$50 range, Zcash stands out on the watchlists of digital asset managers and private wealth advisors in Singapore. Local experts have highlighted ZEC’s resilience and growth during regional crypto webinars and in coverage by The Business Times Singapore. This strong performance, paired with price consensus forecasting further upside potential (+30% median target), has generated constructive sentiment towards ZEC among Singaporean institutional and HNW investor circles.

Singapore-based fintech companies have initiated technical research partnerships related to Zcash’s underlying zero-knowledge proof technology. This week, at least two local blockchain research groups—affiliated with NUS Crypto Lab and a fintech start-up in the SG Innovation Hub—have disclosed active collaboration or studies focusing on Zcash’s zk-SNARK protocols. These initiatives aim at both academic research and exploring potential integrations of privacy-preserving cryptography in DeFi and digital identity products, signaling that Zcash remains a reference asset for advanced blockchain development within Singapore’s tech ecosystem.

Regional interest in compliant privacy solutions is rising, with Zcash positioned as a “model” for balancing privacy and regulatory needs in Singapore. Recent talks at Singapore’s Asia Crypto Week and statements from leading compliance consultants have cited Zcash as a prime example of privacy-by-design with transparent compliance options (such as selective disclosure). The ability for Singaporean institutions to audit or monitor ZEC transactions if required, without undermining privacy features for general users, supports positive attitudes among both regulators and industry leaders, further reinforcing Singapore’s openness to responsible privacy coin innovation.

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.