Grayscale notes Zcash price rise from $60 to $1,500
Zcash (ZEC)
Editor:
Eugene Serbin
cryptocurrency.com.tr reports that Grayscale’s September 29 research highlights Zcash’s rise from about $60 to roughly $1,500 over the past year. The firm noted that ZEC’s market capitalization grew from less than 0.1% of Bitcoin’s to about 1.5%, a shift they said should not be viewed as a valuation ceiling. This move represents a gain of about 25 times since the cited level a year ago. The analysis shifts focus from the $100,000 target set by analyst Baron Dominus on November 2, 2025, to measurable ground taken against Bitcoin.
How the market reacted
Whalio's own Binance spot order flow for ZEC, measured when this story was written up on 1 October 2026. Not the outlet's figures.
Zcash is trading at $1,438.41 with a 24-hour buy ratio of 49.4%, indicating near-even distribution between buyers and sellers. However, shorter-term pressure shows imbalance, with the 1-hour buy ratio at 29.6% and the 4-hour ratio at 39.3%, suggesting selling pressure is currently outpacing buying in the immediate term. Volume Delta confirms this trend, showing net outflows of -$2,472,383 over the last hour and -$4,501,270 over four hours. The Cumulative Volume Delta for the 24-hour close stands at -$5,780,365, meaning sellers have dominated the flow for most of the day. Only 6 of the last 24 hours saw net buying, highlighting a recent shift toward bearish sentiment.
The latest daily buy ratio of 52.9% sits at the 82nd percentile of the last 322 days, against a median of 50.2% - stronger buying than most days.
Was that an ordinary day?
The same Binance spot measurements for ZEC, averaged over the days leading up to the story.
Over the preceding week, the average buy ratio was 50.1%, meaning today’s 24-hour ratio of 49.4% is 0.8 percentage points below the weekly norm. Volume has also slowed, trading at 0.72 times the weekly average. The coin experienced a 4.0% price drop over eight days, accompanied by a total Volume Delta of -$10,914,913. With only 3 of the past 7 days showing net buying, this represents an unusual period of sustained selling pressure compared to the broader weekly trend.