Zcash vaulted into the ranks of the ten largest cryptocurrencies on September 4, 2026, after a powerful rally drove the privacy-focused token above $1,000 for the first time in years. The move, which peaked near $1,023, pushed ZEC’s market capitalization toward $17 billion and triggered a wave of forced liquidations among bearish traders that further accelerated the breakout.

Data from CoinMarketCap showed ZEC trading as high as $1,023 before steadying near $983 later in the session, with its market value settling around $16.6 billion. The surge marked Zcash’s return to price levels last observed during the 2018 bull cycle and represented gains of roughly 94% over the prior month and more than 2,300% over the trailing year.

The rally…