Zcash (ZEC) moved back into the spotlight after breaking above $1,200 on Sept. 7, according to Binance ZEC/USDT spot trading data. The token briefly traded above that level, setting a fresh high not seen since 2018 as short-term buying activity picked up.
ZEC gained more than 40% in six days
From the start of September, the rally has been steep. Binance historical data cited in the report shows ZEC at about $856 on Sept. 1. By Sept. 7, it had broken through $1,200, putting its six-day gain at more than 40% and leaving it ahead of major crypto assets including Bitcoin and Ether over the same stretch.
The advance was not framed as a single-day jump. Since early September, ZEC had already pushed through the $900 and $1,000 psychological levels before buyers drove it beyond $1,200, pointing to stronger market interest in the privacy-coin segment.
More than 2,300% higher over the past year
On a one-year view, the move looks even larger. Historical price data in the report shows ZEC was still below $50 in early September 2025. At roughly $1,200 now, that puts its gain over the past year at more than 2,300%, making it one of the strongest-performing large crypto assets in that period.
Privacy coins draw renewed attention
The report said the market has started paying closer attention to the privacy-coin theme again. Zcash focuses on private transactions and uses zero-knowledge proof technology, allowing users to choose whether to hide information such as wallet addresses and transaction amounts. As discussions around digital asset regulation, on-chain tracking and financial privacy continue to heat up globally, privacy-related tokens including ZEC, DASH and ZEN have also seen clearer capital inflows recently.
Binance market data mentioned in the report suggests the move has not been limited to ZEC alone. DASH and ZEN had also posted double-digit gains earlier, showing that trading interest has started to spread from a single token to the broader privacy-coin sector.
$1,200 becomes the key level in the near term
Still, after a rise of more than 40% in just a few days and a gain of over 20 times across the past year, short-term volatility risk has also increased. The report noted that when prices break through several round-number levels in quick succession, profit-taking often becomes easier to trigger. That leaves the market watching whether $1,200 can turn from resistance into support.
If ZEC can hold above $1,200, the market may start looking toward higher price ranges. If it falls back below that level, the token could enter a period of high-volatility consolidation in the short term. The report added that, beyond price action, trading volume and whether capital rotation across the privacy-coin sector continues will be important signals for judging whether this rally can last.
This article was first published by Blockcast.