Privacy Coin Zcash Just Hit an 8-Year High. Here's Why I'm Bullish on ZEC in 2026.
With a recent bump in the road successfully navigated, this coin is positioned to flourish over the long term.
Overview
I'm bullish on Zcash (CRYPTO: ZEC) for the rest of 2026 and beyond. I know that demand for financial privacy is only going to increase, and that the coin has a supply policy that's heavily inspired by Bitcoin. The coin briefly reached a price of $888 in late August 2026, its highest price since 2018, capping an impressive run-up of 1,968% over the last 12 months. Over the long run, the returns could be even higher.
I sold my initial stake in Zcash in June 2026, after its developers disclosed that they'd patched a flaw that could have minted counterfeit coins invisibly. I've since started to repurchase my position, and I plan to buy more once there's a dip. Here's why I'm back to being bullish about this coin.
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Originally published at www.fool.com.