Zcash Co-founder Predicts $5,000 Price Target for ZEC by End of 2026

Zcash co-founder Eli Ben-Sasson has predicted that ZEC will hit $5,000 by the end of 2026. This target is ambitious considering its current price range of $1,500-$1,600 at press time.

Ben-Sasson has a history of accurate predictions and has correctly forecasted ZEC's price movement. The cryptocurrency recently reached an all-time high of $1680 and entered the top 10 by market capitalization, with its market capitalization peaking at $27 billion.

The prediction comes amid strong on-chain activity favoring the bulls, with large players buying up the digital asset from major exchanges like Binance, OKX, Kraken, and Gate. This has triggered a supply shock that sent the price soaring.