Zcash News Today: Balancing Privacy and Regulation: Zcash's Rise Challenges Compliance Boundaries

Zcash (ZEC) has recently captured significant attention as its Puell Multiple—a key indicator of miner earnings—has soared to unprecedented heights, hinting at a potential surge for miners and a possible upward movement in price. The privacy-oriented cryptocurrency has skyrocketed by more than 1,270% since the start of the year, surpassing $600 for the first time since 2018 and entering the ranks of the top 20 cryptocurrencies by market cap, which now approaches $10 billion, according to

. Experts attribute this rally to a mix of technical improvements, rising institutional engagement, and a renewed appetite for privacy-driven assets, as outlined in .

The Puell Multiple, which compares daily miner income to its 365-day average, has reached new peaks, showing that

miners are experiencing record-breaking annualized returns, as highlighted by Bitcoinsistemi. Joao Wedson, a well-known crypto analyst, described the current market as a "historic period" for , noting that the Puell Multiple’s spike coincided with a 33% price increase in recent weeks, which led to $51 million in short positions being liquidated—ranking third after and , according to . Wedson predicted a bullish outlook, suggesting ZEC might climb to $1,650, but also warned investors about the "high-risk zone" the asset currently occupies, as noted by Bitcoinsistemi.

Innovations on the technical front are propelling Zcash’s growth. The Electric Coin Company (ECC), which leads Zcash development, has introduced Project Tachyon—a set of enhancements designed to scale private transaction capacity to thousands per second, as reported by Coindesk. At the same time, the Zashi wallet, now adopted by more users, has made shielded transactions the default, making privacy a standard rather than an option, according to

. These upgrades are further supported by institutional moves, such as Gemini’s full support for Zcash’s Orchard protocol, which enables completely private transactions using Halo 2 cryptography, as detailed by .

Shifts in the privacy-coin landscape are also evident in Zcash’s market performance. The coin has surpassed Monero (XMR) in market value, a development analysts connect to Zcash’s adaptable privacy features, which let users choose between transparent and shielded transactions—unlike Monero’s always-private approach, as Coindesk observed. This flexibility has drawn institutional investors who need to comply with anti-money laundering (AML) rules while still benefiting from Zcash’s privacy, according to the same Coindesk analysis.

Both retail and institutional interest have fueled Zcash’s momentum. Robinhood’s crypto revenue jumped 300% in the third quarter, reflecting a wider retail resurgence in digital assets, as noted in an

, while Kraken’s adjusted earnings nearly doubled, indicating increased institutional involvement, as . Blockchain data shows that Zcash exchanges saw net inflows exceeding $74 million in a single day, pointing to institutional capital moving into the asset, according to . Additionally, the upcoming halving in November 2025—which will cut block rewards by half—has heightened scarcity narratives that have historically driven prices higher, Benzinga added.

Nevertheless, there are cautionary signs. Zcash’s 14-day RSI stands at 83.38, indicating it is "extremely overbought" and may be due for a correction, the OpenPR report cautioned. Regulatory pressure on privacy technologies, such as a recent U.S. court case against a Bitcoin wallet developer, also casts uncertainty over the sector, as reported by Coinotag. Still, supporters believe Zcash’s cryptographic advances—like zero-knowledge proofs and recursive verification with Halo 2—make it a strong contender for the long term in the evolving crypto space, Blockonomi noted.

As Zcash continues its remarkable rise, observers are watching shielded transaction volumes and ecosystem growth closely. With miners enjoying record earnings and institutional adoption on the rise, the coin’s trajectory could redefine the role of privacy coins in a landscape increasingly shaped by regulatory and corporate scrutiny, Bitcoinsistemi concluded.

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