The privacy-focused cryptocurrency, Zcash ( ZEC ), has climbed as much as 40% in a day and soared more than 70% over the past seven days. A major catalyst for the rally came from decentralized exchange ( DEX ) THORSwap, which announced full support for Zcash swaps, allowing users to trade the asset against top performers like Bitcoin ( BTC ), Ethereum ( ETH ), and Solana ( SOL ). Meanwhile, network activity also picked up, as Zcash Community Grants recently launched a Rust repo for Multi-Factor Key Derivation Function (MFKDF), giving developers new tools to experiment with. At the time of writing, ZEC is trading at $92.62, up 42.18% on the 24-hour chart and posting the best daily performance in percentage terms among all crypotcurrencies in the top 100 by market cap, as per CoinMarketCap data retrieved by Finbold. With a market cap of over $1.5 billion, it is currently the 65th largest crypto. Top-performing cryptocurrencies. Source: CoinMarketCap Will Zcash hit $100? It is possible the sudden surge in ZEC activity isn’t mere short-term speculation, as the timing coincides with the ongoing debates around financial and digital ID surveillance. This is evident from the impact of the Zashi cross-chain swap update on September 16, which led to shielded transactions surging to 3.06 million ZEC and Google searches for “privacy coins” hitting record highs . However, the asset is not propped by mere panic alone, as technical indicators likewise suggest strong upward momentum. Namely, ZEC has skyrocketed way past the $56 resistance level dating back to June 2022. At the same time, the 14-day relative strength index (RSI) of 83.69 and the moving average convergence divergence (MACD) level of 7.95 reinforce the bullish picture. On-chain analyst and cryptocurrency expert Vini Barbosa discussed the climb in market cap, noting that ZEC had climbed past the likes of TRUMP ( TRUMP ) and Immutable ( IMX ), going from the 92nd to the 65th largest crypto in only nine days in an in-depth analysis. JUST IN: $ZEC is ranked #65 @ $1.52B market cap 1 ZEC = $93.70 (+230% YoY, +130% MoM) > 18 hours ago, ZEC was #72 @ $1.19B, > only seven days ago it was #87 @ $880M, > nine days ago, Zcash was a #92 coin @ $775M Still below BONK, SKY, and Filecoin, passing TRUMP, JUMP, and IMX https://t.co/18lfWwIfhw pic.twitter.com/pIXp3L1DaC — Vini Barbosa (@vinibarbosabr) October 1, 2025 Accordingly, if the trend continues in the following days, a $100 price target appears more than likely, although any long-term strength will hinge on the positive reception of the new integrations and network upgrades. Featured image via Shutterstock The post Privacy coin Zcash up 40% in a day; Is $100 next? appeared first on Finbold .