Zcash Price Surges 102% in a Month, Co-Founder Repeats $5,000 Forecast
Zcash (ZEC) has seen significant gains over the past month, with its price increasing by about 102% to trade near $1,535.
The surge in price comes as co-founder Eli Ben-Sasson has repeated his forecast that ZEC will reach $5,000 by the end of 2026, which he believes is still on track despite the recent rally.
Benoit said in a recent post on X that large holders have been asking him about the token's latest rise, but acknowledged that he doesn't know precisely what caused it.
The forecast follows an earlier call for ZEC to exceed $1,200 by September 25, which the token achieved during its recent rally.