Zcash Flips Hyperliquid After 2,500% Rally

Zcash's price surged to nearly $1,400 before pulling back to around $1,350 on September 17. The token has now exceeded Hyperliquid in market capitalization, with a value of over $23 billion.

The daily breakout is not yet confirmed, and the broader uptrend remains intact. Holding above the rising trendline would preserve the accelerated phase of the rally, while losing it could indicate that the advance is losing speed.

The Relative Strength Index (RSI) trails its earlier September peak, which could develop into bearish divergence if momentum weakens further.