Zcash Surges 63%: Crypto Insurance Against Bitcoin
Zcash Hits a 3-Year High with Strong Momentum
On October 2, 2025, the cryptocurrency market witnessed a major breakout as Zcash (ZEC) soared more than 63% within just 24 hours, surpassing the $121 mark and reaching its highest level since April 2022. Over the past seven days, ZEC has also been the standout performer, climbing by over 107%. However, compared to its all-time high of nearly $3,200 set in 2016, the price of Zcash still remains down by as much as 96%.
Why Zcash Is Seen as “Insurance Against Bitcoin”
Zcash’s impressive surge is not merely driven by market momentum but also by growing recognition from investors and tech leaders regarding its unique role. Naval Ravikant, founder of AngelList, famously remarked that while Bitcoin is insurance against fiat, Zcash is insurance against Bitcoin itself. This perspective stems from the fact that Bitcoin is becoming increasingly transparent, making it vulnerable to government or institutional surveillance of user transactions.
Meanwhile, Mert Mumtaz, CEO of Helius and a former Coinbase engineer, emphasized that Zcash is becoming more crucial than ever in an era where central bank digital currencies (CBDCs) and centralized digital assets are on the rise. According to him, a world where crypto survives but privacy does not would be a dystopian nightmare. Thus, Zcash is regarded as a necessary choice to safeguard financial freedom.
Zcash and the Debate Around CBDCs
As many governments accelerate the development of CBDCs to tighten control over monetary systems, Zcash has emerged as the polar opposite, prioritizing user privacy above all else. The coin leverages zero-knowledge proofs, enabling users to send transactions without revealing any personal information—a feature that neither Bitcoin nor CBDCs can provide.
This contrast became even more evident in the U.S. when President Donald Trump signed an executive order banning the issuance and circulation of CBDCs, reflecting strong opposition from both political figures and segments of the crypto community. Against this backdrop, Zcash is increasingly seen as a safe haven for investors seeking privacy and protection.
Zcash’s Position in the Crypto Landscape
As of now, Zcash ranks as the 82nd largest cryptocurrency with a market capitalization exceeding $1.8 billion. While it does not sit among the top-tier digital assets, its focus on private transactions and identity protection has secured it a unique position within the privacy-first crypto community. The latest price rally is not only a short-term spike but also a reflection of the broader market sentiment amid growing concerns over financial surveillance.
Conclusion
Zcash’s strong surge is not just a milestone on the price chart but also proof of the rising importance of privacy in the digital currency era. If Bitcoin is seen as a hedge against fiat money, Zcash represents an insurance layer against the surveillance risks embedded in today’s crypto world. As CBDCs continue to expand globally, Zcash stands out as a safe choice for those who believe that financial freedom must go hand in hand with privacy.
Disclaimer: The content above reflects the author’s personal views and does not represent any official position of Cobic News. The information provided is for informational purposes only and should not be considered as investment advice from Cobic News.