Zcash

Estado atual: Zcash is trading at $423.32 with a $6.9 billion market capitalization (rank #17). The price moved +16.82% over the past 24 hours and is -25.60% over 7 days; the 30-day move stands at -30.95% and the 90-day at +97.33%.

Posição no ciclo: A drawdown of this magnitude is within the typical correction range — historically resolved in either direction, often via a re-test of the prior peak before a definitive break.

Volatilidade e estrutura: 30-day realized volatility of 180.0% annualized is extreme for an asset this size. Our composite multi-horizon Price Strength reads Bullish (60/100), with a constructive multi-horizon profile that includes positive 24-hour and 7-day moves.

Beyond Bitcoin, ZEC's 90-day return correlations to the other two largest layer-1 references help characterize whether the asset moves as part of a crypto-market beta complex or as something more idiosyncratic. The Pearson correlations across daily log returns:

• Bitcoin reference: +0.45 — a moderate positive relationship.
• Ethereum reference: +0.50 — a moderate positive relationship.
• Solana reference: +0.52 — a moderate positive relationship.

Strong correlation to multiple references typically indicates that the asset trades primarily as crypto-market beta — moves in BTC/ETH/SOL drive most of the price action, and stand-alone alpha is harder to capture. Weak or negative correlations indicate idiosyncratic drivers (project-specific news, sector rotation within crypto, or narrative shifts) that can produce returns uncorrelated with the broader market.

Zcash (ZEC) is uma criptomoeda, negociada em mercados globais de ativos digitais. It trades at $423.32 as of the latest update, with a 24-hour move up 18.10%, placing it at rank #14 by market capitalisation among all listed digital assets. Zcash's current market cap stands at $6.91B, a figure used by traders, analysts and institutional desks to gauge relative liquidity and risk exposure across the crypto market.

Nesta página você encontrará um painel ao vivo, atualizado diariamente, que rastreia Zcash através de múltiplas fontes de dados — histórico de preços de vários anos, atividade on-chain quando disponível, fundamentos como oferta circulante e diluição, principais corretoras por volume, análise técnica com médias móveis e RSI, e uma previsão algorítmica de curto, médio e longo prazo. Todos os números vêm de APIs públicas e ficam em cache local; nada aqui é aconselhamento de investimento.

Zcash (ZEC) is a proof-of-work cryptocurrency designed primarily as digital money — a decentralized, permissionless monetary network where transactions are verified by miners rather than any central authority. Its value proposition rests on credible scarcity, censorship resistance, and the security of its proof-of-work consensus.

Zcash é uma criptomoeda proof-of-work: os mineradores competem para estender a cadeia resolvendo um quebra-cabeça computacional, e o primeiro a encontrar uma solução válida ganha a recompensa do bloco. Não há smart contracts, staking, conjunto de validadores ou governança on-chain. O protocolo é intencionalmente mínimo e de propósito único.

Issuance follows a predictable, decreasing schedule. Network security scales with the total computing power dedicated to mining; higher hashrate makes the chain more expensive to attack and is generally viewed as a vote of confidence by miners in the asset's future price.

Zcash is used primarily as a store of value, a medium of exchange, and a settlement layer. It is not a smart-contract platform and does not host decentralized applications. Adoption typically reflects two themes: digital sound money (similar to Bitcoin's thesis) and cheap, fast peer-to-peer payments where the parent monetary network is congested or expensive.

Zcash's tokenomics combine its supply schedule, current circulating supply, and the relationship between circulating market cap and fully-diluted valuation. Approximately 77.8% of maximum supply is currently circulating, meaning roughly 22.2% of total potential supply remains to be issued. This implies a structural emission stream against current demand for the asset. The fully diluted valuation (FDV) of $8.9 billion stands at 1.3× the current circulating market cap of $6.9 billion. The wider this ratio, the more issuance overhang the asset faces — a structural headwind on valuation that mature assets like Bitcoin do not face but that early-cycle assets typically do.

For thesis-building, the relevant question is whether the structural value accrual mechanism (fee burns, staking yield reinvestment, deflationary supply mechanics, ecosystem TVL growth) outpaces the structural emission pressure. When it does, the price tends to grind higher over multi-quarter windows even without speculative momentum; when it does not, the asset typically requires consistent narrative-driven demand to absorb the issuance.

The macro backdrop for crypto assets in 2026 is dominated by the Federal Reserve's rate path, the trajectory of dollar liquidity, and the unwind (or non-unwind) of the post-2020 expansion in M2 money supply. Crypto assets — and Bitcoin in particular — have historically responded most strongly to changes in the global liquidity regime, with risk-on phases coinciding with falling real yields and a softening dollar, and risk-off phases the inverse. Given the 90-day BTC correlation of +0.45, ZEC's near-term macro sensitivity will be similar to Bitcoin's — driven primarily by the same liquidity conditions and risk-asset flows.

The cross-asset relationships worth monitoring: the dollar index (DXY) — historically inversely correlated with crypto over longer windows; the 10-year Treasury yield — a proxy for the cost of risk capital; gold — which often shares "monetary hedge" framing with Bitcoin during certain regime changes; and the S&P 500 — which during liquidity-driven moves often rhymes with crypto despite the popular framing of crypto as uncorrelated.

For Zcash specifically, the macro variable that has empirically led price most often is global crypto-market liquidity — proxied by stablecoin total supply, futures open interest, and exchange volumes. When these expand, ZEC tends to follow; when they contract, the relationship typically reverses.

Riscos principais incluem: centralização da mineração (cadeias PoW menores são mais fáceis de atacar a 51%), hashrate em declínio em relação ao Bitcoin (o que aumenta o custo relativo de ataque), pressão regulatória sobre uso de energia, e sensibilidade da ação de preço ao Bitcoin (a maioria das altcoins PoW tem forte correlação com BTC). O dimensionamento de posição deve refletir que a volatilidade das altcoins PoW tende a amplificar movimentos do BTC em ambas as direções.