Zcash (ZEC) has surged 22.9% in the past 24 hours, reaching $282.97 as of 6:52 AM UTC on February 14, 2026, marking one of the strongest single-day performances among top 25 cryptocurrencies.
The privacy-focused cryptocurrency jumped from a 24-hour low of $230.01 to a high of $284.82, adding approximately $872 million to its market capitalization, which now stands at $4.67 billion. This places Zcash at rank #23 among all cryptocurrencies by market cap.
Trading Activity Spikes
Trading volume for ZEC has reached $533.16 million in the past 24 hours, indicating significant market interest. The surge represents a dramatic reversal from recent trends, with Zcash gaining 19.5% over the past week despite being down 34.5% over the past 30 days.
The current price of $282.97 remains 91.1% below Zcash’s all-time high of $3,191.93 reached in October 2016, but represents a remarkable 1,660% gain from its all-time low of $16.08 recorded on July 5, 2024.
Market Context
Zcash’s circulating supply stands at 16.51 million coins out of a maximum supply of 21 million, mirroring Bitcoin’s scarcity model. The privacy coin uses zero-knowledge proof technology to enable shielded transactions, allowing users to transact without revealing sender, receiver, or transaction amounts on the public blockchain.
The rally comes at a time when privacy-focused cryptocurrencies have faced increased regulatory scrutiny globally. Despite these headwinds, today’s price movement suggests renewed investor confidence in privacy-preserving blockchain technologies.
Technical Indicators
Short-term momentum indicators show continued strength, with ZEC gaining 0.32% in the past hour alone. The cryptocurrency’s ability to maintain gains above $280 will be critical for bulls looking to establish this level as new support.
Traders should note that cryptocurrency markets remain highly volatile, and such significant single-day moves often attract profit-taking. The fully diluted valuation matches the current market cap at $4.67 billion, as all tokens in circulation are already available to the market.
As of this writing, Zcash continues to trade near its 24-hour highs, with market participants closely monitoring whether the rally can sustain momentum through the weekend trading session.
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About the Author: Ananya Melhotra
