Eli Ben-Sasson Sees ZEC Soaring to $5K in 2026

Zcash co-founder Eli Ben-Sasson has set his sights high for the cryptocurrency's future, predicting it will reach $5,000 by the end of 2026. Currently trading at around $1,400, ZEC has been experiencing volatility in recent days.

Ben-Sasson believes that Zcash is like a second type of Bitcoin and that many crypto holders have yet to catch up with this concept. Whale accumulation has increased significantly, with large players asking why the price is moving despite its recent drop.

The current price action shows bearish pressure in charge, with potential for retraction towards the key support level at $1,432. However, if a bullish reversal occurs, the price might rise and find resistance around $1,530.