Ben-Sasson Sees Zcash Soar to $5,000 by Year-End

Zcash co-founder Eli Ben-Sasson has rekindled interest in the cryptocurrency's potential, claiming that it could hit $5,000 by year-end. This prediction is based on his broader view of Zcash's future performance through the end of 2026.

In a recent social media post, Ben-Sasson mentioned that more whales are asking about the rally, but he has no clear explanation for the current surge. However, his $5,000 outlook suggests a long-term perspective rather than a short-term trading model.

The Zcash price has been steadily increasing, with a 102% return in the past 30 days and a recent high of $1,621. Institutional interest in the asset has also grown, with Grayscale's Zcash ETF (ZCSH) attracting over $1 billion in assets under management since its launch.