Zcash (ZEC) has experienced a significant price increase, trading at $271, marking a 29% rise over the past week and a 399% increase from its monthly low. This surge is driven by heightened demand for privacy, an increase in shielded ZEC supply, and positive market sentiment following recent macroeconomic data. The cryptocurrency recently retested the $270 level after peaking at $310 in late October 2025. Analysts suggest that Zcash could potentially break out to $320 and eventually reach $500, supported by an ascending triangle pattern and a bullish Relative Strength Index (RSI) of 66. Additional factors contributing to this upward trend include Grayscale's Zcash Trust and growing interest in privacy-focused applications.