Zcash Price Surges Past $1,000 Amid ETF Inflows and Mining Boom

Zcash's ZEC token reached an intraday high of $1,023 on September 4, 2026, marking a 94% gain for the month and bringing its market capitalization to around $17 billion.

The price surge coincided with significant activity in both the Grayscale Zcash ETF (ZCSH) and the Zcash mining network. Since its debut on August 25, 2026, ZCSH has attracted approximately $34.4 million in net inflows, with its strongest daily inflow of $12.6 million occurring on September 2.

The rise in ZCSH inflows is a clear indication of investor demand for the fund's shares and exposure to the Zcash token. Meanwhile, the Zcash network computing power has briefly exceeded 30 GSol/s, up from around 25 GSol/s in late August.