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Zcash jumps 1,190% after Forbes recognition

Zcash jumps 1,190% after Forbes recognition

  • Zcash (CRYPTO:ZEC) has gained about 1,190% over the past year and was named in Forbes’ top 10 cryptocurrencies.
  • Lower supply and the 2024 halving have supported the price, while regulatory and technical risks remain.
  • Analysts said the rally’s future will depend on adoption and regulation.

Zcash (CRYPTO:ZEC) has climbed about 1,190% over the past year to around US$545, earning a place on Forbes’ list of the top 10 cryptocurrencies.

Forbes said Zcash met its selection criteria with a market value above US$5 billion and a clear use case as a privacy-focused digital asset.

“Given crypto’s higher volatility, we chose a more conservative cutoff: screening only for projects with a market cap of at least US$5 billion,” Forbes said.

A record 5.1…

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