{"id":110211,"date":"2025-11-04T08:30:53","date_gmt":"2025-11-04T08:30:53","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=110211"},"modified":"2025-11-04T08:30:53","modified_gmt":"2025-11-04T08:30:53","slug":"arthur-hayes-outlines-why-zcash-could-surge-to-10000-20000-fast","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=110211","title":{"rendered":"Arthur Hayes Outlines Why Zcash Could Surge To $10,000\u2013$20,000 Fast"},"content":{"rendered":"

Arthur Hayes thinks Zcash can move an order of magnitude faster than most investors expect\u2014and he spelled out why in a Coin Bureau interview released on November 3.<\/p>\n

The former BitMEX CEO ties the new Zcash bull case to a three-part story that mixes technical maturation, visible shifts in on-chain behavior, and a looming supply inflection. \u201cI think that 10% to 20% of the value of Bitcoin quite quickly is something that Zcash could achieve,\u201d he said\u2014an estimate that, at current Bitcoin prices, translates to roughly $10,000\u2013$20,000 per ZEC.<\/p>\n

Why Zcash Could Skyrocket To $10,000-$20,000<\/h2>\n

For Hayes, the technology is no longer the 2016 experiment that divided the market over ceremony theater and cryptographic trust. He recounted<\/a> being \u201cdeep into Zcash in 2016\u201d when BitMEX listed a pre-genesis futures market and spot prices briefly printed around \u201c$3,000 a coin on Poloniex\u201d before supply filled in.<\/p>\n

What\u2019s changed, he argues, is the removal\u2014by protocol upgrades\u2014of the original single biggest credibility drag. \u201cOne of the big issues with Zcash back then was this trusted setup issue\u2026 but essentially, I think it was the Halo 2 upgrade<\/a> recently removed or maybe a few years ago removed that trusted setup issue.\u201d That, in his telling, reframes Zcash from a clever but encumbered R&D project into a privacy asset whose cryptography now clears the institutional sniff test.<\/p>\n

He couples that with direct user-level experience. Hayes says he installed Zashi, Zcash\u2019s flagship wallet, and used Near Intents flows to shield and swap, which he likened to an industrial-strength mixer. \u201cWhen you do that, it\u2019s essentially like Tornado Cash<\/a> on steroids,\u201d he said, emphasizing that the resulting output asset \u201cappears, but it\u2019s not linked to any other transaction.\u201d<\/p>\n

Costs remain a friction\u2014\u201cIt\u2019s definitely not cheap yet\u201d\u2014but he points to trend data he has reviewed showing a secular rise in actual privacy usage: \u201cthe amount of shielded transactions is approaching I think 30%, up from like a few percentage points when I cared about Zcash a long time ago.\u201d In other words, the privacy feature set is not just theoretically stronger; it is being used.<\/p>\n

The demand narrative rests on a simple claim: in the age of on-chain forensics and AI-enabled pattern recognition, true cash-like privacy is a product with differentiated utility. Hayes draws a sharp line between pseudonymity and privacy. \u201cI believe in privacy coins\u2026 I think Bitcoin being synonymous is actually a good thing because I want to be able to track Bitcoin, but I also want to have internet cash where there is no traceability of that.\u201d<\/p>\n

He contrasts Zcash with Monero\u2019s recent headlines, citing reports that \u201cthe Japanese authorities were able to deanonymize Monero by\u2026 linking together different disparate parts of some information.\u201d<\/p>\n

Scarcity is the third pillar. Hayes flags the Zcash halving \u201ccoming up in a few weeks, November,\u201d framing it as the timing catalyst that could supercharge reflexivity if investor attention and liquidity arrive in tandem. The supply cut is not the entire story for him\u2014he dismisses halving dogma in Bitcoin\u2014but he does view a synchronous demand narrative plus a mechanical issuance drop as unusually potent for a small-float asset when a privacy bid is already rising on-chain.<\/p>\n

Liquidity and access are precisely why he sees the setup as asymmetric. Zcash is not broadly quotable, which is a risk and an opportunity. \u201cI hit up\u2026 eight or nine OTC brokers. Only two brokers would quote me Zcash,\u201d he said, describing how hard it was to acquire size through traditional venues. He expects that, if the price begins to trend, the path will run through permissionless rails rather than regulated exchanges. \u201cIf the price rises high enough\u2026 I can buy it on one of these decentralized exchanges and that\u2019ll be how you really get access\u2026 just like how Bitcoin was back [then].\u201d<\/p>\n

Hayes also addresses the change in his own posture, including what catalyzed it. He credits a dinner during Token2049 with Naval Ravikant, who \u201cstarted shilling<\/a> me on Zcash,\u201d prompting him to push past his 2016-era objections and re-underwrite the protocol. \u201cI bought a few million bucks on the spot at that point,\u201d he said, adding that he kept buying \u201ceven though I bought it after the 80% pump when Naval sent out that tweet.\u201d<\/p>\n

Hayes believes the upside can compress into weeks rather than years. In his words: \u201cI\u2019ve bought a lot of it\u2026 I\u2019m still buying it. I think that this is probably going to be one of my better trades of the cycle.\u201d<\/p>\n

At press time, ZEC traded at $464.<\/p>","protected":false},"excerpt":{"rendered":"

Arthur Hayes thinks Zcash can move an order of magnitude faster than most investors expect\u2014and he spelled out why in a Coin Bureau interview released on November 3. The former BitMEX CEO ties the new Zcash bull case to a three-part story that mixes technical maturation, visible shifts in on-chain behavior, and a looming supply […]<\/p>\n","protected":false},"author":0,"featured_media":110212,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-110211","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/110211"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=110211"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/110211\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/110212"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=110211"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=110211"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=110211"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}