Zcash Hits 9-Year High As Mining Profitability Tops Bitcoin 4X Per MWh

Grayscale's Zcash ETP attracted $179 million in 11 trading days with its total asset under management reaching nearly $700 million, supporting Zcash's surge.

• Zcash gained 14% this week to a nine-year high of $1,155, outpacing Bitcoin’s one-week gain.
• Grayscale said Zcash mining is four-times more lucrative than Bitcoin per megawatt-hour, driving ZEC mining.
• ZEC has increased over 123% this year, outperforming Bitcoin's 11% fall, while retail chatter about Zcash has surged over 870% in a month on Stocktwits.

Zcash (ZEC) hit a nine-year high near $1,155 on Saturday. It was up more than 14% for the week, while Bitcoin went down almost 3%. According to Grayscale mining ZEC became much more profitable than mining Bitcoin for the same electricity.

ZEC's price was trading near $1,155 as of writing. The move left ZEC as the top performer among large-cap cryptocurrencies this week, on a market capitalization of about $19.5 billion. 

The rally marked a third consecutive weekly gain and roughly doubled Zcash's price since mid-August 2025. The token's previous peak, set in early 2018, was around $800. However, it remains 11% below the week's intraday high of around $13,00 and was down 2.51% in the past 24 hours.