Zcash Price Soars to 10-Year High on ETF Demand and Upcoming Upgrade

Zcash's price has surged to a 10-year high after a month-long rally, reaching over $1,500 on September 18, 2026. The cryptocurrency has climbed approximately 215% from around $470 in mid-August.

Several factors have contributed to the surge in ZEC's price. Grayscale's spot Zcash ETF (ZCSH) launched on August 25 and has attracted significant institutional inflows, reportedly surpassing $500 million in assets under management by mid-September.

The ETF provided traditional brokerage investors with regulated exposure to ZEC without requiring self-custody. Additionally, Paradigm's disclosed holdings of ZEC have boosted demand for the cryptocurrency.