$ZEC at $375, are you chasing it?

Don’t answer right away.

When was the last time you heard about ZEC?

Do you think this thing should have been buried long ago? From its peak of $3,191 in 2016, falling to single digits, forgotten through one bull market after another. But today, it suddenly looks like an old soldier crawling out of the grave, slapping awake everyone who looked down on it.

10 hours, surged 17.5%. From 318 to 375, no looking back.

Isn’t this a “dead coin”? Who’s buying? Can you still chase it?

First, look at the surface: a big bullish candle, thousands of troops coming to meet.

In the past 10 hours, ZEC went straight from $318.98 to $375.31, with an average hourly trading volume of $20.7 million, volume exploded.

First thing: SEC approved

The US SEC decided not to take enforcement action against the Zcash Foundation, closing the case directly. It’s official approval: you’re not a security, you can operate compliantly. *Once this path is cleared, institutions like Grayscale poured in $46 million, with Shielded pools accounting for 31% of circulating supply, liquidity locked.*

Second thing: mining giants entered

Foundry, the world’s largest Bitcoin mining pool, officially launched an institutional ZEC mining pool. A Bitcoin mining giant suddenly supporting ZEC means hash power will increase, network security will improve, and institutional confidence will rise.

Third thing: privacy narrative returns

In the AI era, every piece of your data is being exposed. While everyone is anxious about privacy, ZEC is the only privacy coin that truly uses zk-SNARK technology and can meet compliance requirements. Grayscale’s latest report directly highlights—“Reevaluating Zcash as a financial privacy tool.”

On one side: SEC approval, Grayscale buying, mining pools entering.

On the other side: the UK, South Korea, India are still messing with privacy coins, and a whale short seller is waiting at $411 to dump.

Support at $330-350, resistance at $400-420.

If you’re a short-term trader: chase the trend lightly at $360-375, target $420-450, and cut and run if it falls below $330.

If you’re a long-term investor: wait for a dip to $330-350 to add heavily, target $500-700. The supply-demand logic after halving, continuous institutional inflow, and rigid privacy needs—these three factors’ resonance won’t be over in a day or two.

In this bull run, what can turn you around isn’t the hot coins everyone is shouting about, but those forgotten by the market with fundamentals quietly turning around.

ZEC now is like SOL in 2020—those who don’t understand think it should be buried, those who do are already adding chips. #Gate广场四月发帖挑战 $ZEC