How Does On-Chain Data Analysis Reveal ZEC's Price Momentum in 2025?

Active addresses surge by 55% as ZEC price reaches $262

Zcash (ZEC) has experienced a significant uptick in both price and network activity, marking a notable milestone in its recent performance. The privacy-focused cryptocurrency has seen its active addresses surge by 55%, coinciding with a price rally that pushed ZEC to $262. This remarkable growth in user engagement and market value underscores the increasing demand for privacy protocols in the cryptocurrency space.

To put this growth into perspective, let’s examine the key metrics:

The surge in active addresses indicates a growing user base and increased transactional activity on the Zcash network. This heightened engagement is likely driven by the rising interest in privacy-centric cryptocurrencies, as well as the overall bullish sentiment in the crypto market.

Analysts attribute this positive trend to several factors, including the broader “Uptober” rally and renewed investor confidence in privacy-focused crypto assets. The significant increase in trading volume, surpassing $1.4 billion in 24 hours, further demonstrates the strong market interest in ZEC.

As the demand for privacy protocols continues to climb, Zcash’s price rally shows no signs of slowing down. Market experts anticipate that ZEC may maintain its upward trajectory, potentially targeting higher price levels in the coming months. This optimistic outlook is supported by the growing institutional interest and the increasing recognition of privacy as a fundamental aspect of the cryptocurrency ecosystem.

Transaction volume and value increase with 295% 7-day growth

The recent surge in Zcash (ZEC) transaction volume and value has been nothing short of remarkable. In just seven days, ZEC experienced a staggering 295% growth, reflecting a significant increase in market interest and adoption. This unprecedented rise can be attributed to several factors, including increased privacy concerns and institutional involvement. The table below illustrates the dramatic change in ZEC’s market performance:

This exceptional growth has catapulted Zcash into the top 30 cryptocurrencies by market capitalization, signaling a renewed interest in privacy-focused digital assets. The surge in transaction volume indicates that more users are actively engaging with the Zcash network, potentially driven by its enhanced privacy features and growing ecosystem. As the cryptocurrency market continues to evolve, Zcash’s recent performance suggests a bright future for privacy-centric blockchain solutions. Analysts predict that if this trend continues, ZEC could reach even higher price levels by the end of the decade, potentially surpassing the $1,000 mark.

Whale activity intensifies, driving $42.6 billion market cap

The cryptocurrency market witnessed a remarkable surge in Zcash (ZEC) activity, with its market capitalization reaching an unprecedented $42.6 billion in October 2025. This dramatic increase was primarily attributed to intensified whale activity, as large-scale investors significantly bolstered their ZEC holdings. The surge in whale interest drove the price of ZEC to new heights, attracting both institutional and retail investors to the privacy-focused cryptocurrency.

Data from on-chain analytics revealed a substantial increase in large transactions, indicating heightened whale involvement. The following table illustrates the dramatic shift in ZEC’s market metrics:

This extraordinary growth was further fueled by increased adoption of ZEC’s privacy features, with over 14% of the total supply now held in shielded pools. The surge in whale activity and the subsequent price rally have positioned Zcash as a key player in reshaping the cryptocurrency landscape, particularly in the realm of privacy-focused assets.

On-chain fees trend upwards amidst growing network usage

Zcash (ZEC) has experienced a significant uptick in on-chain fees, reflecting the growing demand and usage of its network. This trend is particularly evident in the context of the cryptocurrency’s recent price surge. In October 2025, ZEC witnessed a remarkable 340% increase, driven by a combination of institutional reentry and heightened demand for privacy-focused solutions. The surge in network activity has led to a corresponding rise in transaction fees, as users compete for block space to process their transactions.

The increased on-chain fees can be attributed to several factors:

This upward trend in fees indicates a robust and active ecosystem, with users willing to pay premium prices for Zcash’s privacy features. The correlation between network usage and fee increases suggests that Zcash is experiencing genuine adoption rather than speculative trading alone. As the cryptocurrency market continues to evolve, Zcash’s position as a leading privacy coin appears to be strengthening, reflected in both its price performance and on-chain metrics.