Zcash has experienced a remarkable price surge of over 1,500% since October 2025, climbing above $700 and overtaking Monero as the top privacy coin. This surge has propelled Zcash's market capitalization to over $11.2 billion, sparking intense discussions within the cryptocurrency community. The rally has fueled debates between Bitcoin and Zcash supporters regarding privacy features and centralization. Bitcoin proponents have criticized Zcash as a venture capital-backed project, while Zcash advocates emphasize its zk-SNARKs technology and backing from notable figures like Arthur Hayes and the Winklevoss twins. The discussions highlight ongoing tensions over privacy and decentralization in the crypto space.