Privacy token Zcash (ZEC) experienced a dramatic rally, surpassing the $1,000 mark for the first time since 2018, reaching a high of $1,051 on September 4, 2026. Approximately $13.24 million in leveraged ZEC positions were liquidated over the past 24 hours, with $11.26 million coming from shorts. Zcash price surged 105% in the last 30 days and gained 2,395% over the past year, rising from $7.7 in April 2025 to over $1,000. The launch of Grayscale’s spot Zcash ETF on NYSE Arca and potential purchase of 200,000 ZEC by Digital Currency Group contributed to this price surge.
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