Zcash rally heats up, can ZEC reach $500 before pullback?
Zcash (ZEC) traded at around $410 at press time, with 24-hour trading volume at $843.81 million. ZEC rose 4.89% in the past day and gained 14.43% over the past week, according to crypto.news data.ZEC cleared key $398 resistance after strong weekly gains, pushing traders toward mid-$400 targets now.Zcash flipped Solana in Hyperliquid perpetual volume, showing fresh speculative demand around the privacy coin.Joao Wedson warned ZEC may lack on-chain support, raising doubts over the rallys near-term durability. Meanwhile, the privacy-focused token has climbed nearly 16.8% in the same weekly window, placing it among the stronger performers in the top 100 cryptocurrencies. ZEC also outpaced Bitcoin and Ethereum during the period. Recently, Zcash flipped Solana in 24-hour perpetual volume on Hyperliquid. The move stood out because Solana is usually one of the more active assets in derivatives markets. The shift shows that traders have increased short-term activity around ZEC. It also suggests that speculative capital has moved toward a privacy-focused asset that has often seen quieter trading periods. Analysts watch $398 and higher targets Crypto analyst Ardi said ZEC had moved toward the $405 target shared earlier. The analyst added that a continuation move may follow if ZEC pushes past the recent wick sweep pivot. Moreover, Altcoin