Zcash has gained significant attention as its price prediction for 2025 becomes increasingly relevant due to a notable rise in merchant adoption. Currently, 12.29% of listed merchants accept Zcash, surpassing several prominent cryptocurrencies like Solana, Stellar, Cardano, and Polygon. As the demand for privacy-focused transactions grows, the latest metrics indicate a robust ecosystem that could support future price rallies, despite signs of potential price corrections in the short term.
Merchant Adoption Surges, Highlighting Zcash’s Growing Influence
Real-world merchant adoption plays a crucial role in shaping the current outlook for Zcash. According to data from Cryptwerk, Zcash (ZEC) is now accepted by 886 merchants globally, supported by more than 30 payment gateways. This level of acceptance is particularly noteworthy for a privacy token, which often struggles to gain traction in mainstream business. Prominent brands such as Trezor and Coinoswap underscore Zcash’s deep penetration into the payments landscape. Recently, the network saw 14 new merchants join within a single day, further illustrating a growing preference for privacy-enhanced payment solutions.
Market Structure and Transaction Growth Indicate Positive Trends
An analysis of Zcash holder distribution suggests a stable market environment with low manipulation risk. Data from CoinCarp shows that Zcash boasts 548,154 total holders, with the top ten wallets owning only 14.81% of the total supply. This relatively even distribution contributes to a more organic movement in Zcash’s price, minimizing risks associated with market manipulation and aligning with sustainable long-term valuation trends.
The transactional activity within Zcash highlights its increasing adoption. In the first two weeks of November, transparent transactions surged to 140,000, a significant rise from 35,000 in the last two weeks of September. This fourfold increase is accompanied by notable growth in shielded transactions. The Sapling method saw transfers double from 2,247 to 4,490, while the Orchard method experienced a remarkable fourfold increase from 36,283 to 139,844. These figures demonstrate a growing embrace of Zcash’s privacy capabilities, aligning with a broader industry trend favoring confidentiality in cryptocurrency solutions.
As Zcash transitions toward 2025, the current price indicators reveal an overstretched market. Key metrics such as the MACD histogram and the Awesome Oscillator suggest that the asset is technically overheated, with the Relative Strength Index (RSI) elevated at 80.58. Analysts indicate that a corrective pullback could occur, potentially revisiting support levels between $344 and $350, presenting a near 50% decline from its all-time high of $744.
Despite these technical cautions, the structural strength and increasing utility of Zcash offer a promising outlook as it heads into 2025. While a short-term bearish trend may be likely, the expanding adoption of Zcash in real-world applications continues to reshape its overall price prediction. As the conversation around privacy in cryptocurrency evolves, Zcash remains a pivotal player in the ongoing dialogue about the future of digital transactions.
