Zcash Smashes Through $40 Barrier—Privacy Coins Aren’t Dead Yet

ZEC just pulled off a classic crypto breakout—turns out Wall Street’s surveillance state hasn’t killed demand for financial anonymity after all. The privacy-focused asset surged past a critical resistance level, flashing bullish signals for traders who still believe in digital cash that doesn’t broadcast every purchase to hedge funds and tax agencies.

Technical breakout or just another speculative pump? Either way, Zcash’s 20% weekly gain just made a mockery of every ’privacy coins are obsolete’ hot take from TradFi pundits. Remember when they said GDPR and FATF regulations would kill these projects? The market—as usual—had other plans.

Of course, this being crypto, the rally could reverse tomorrow. But for now, the charts suggest one thing: where there’s demand for financial privacy, there will always be a coin to service it—regulators’ tantrums be damned.