According to the source, Zcash (ZEC) hit an 8-year high of $388 on Oct 31, 2025. The source reports ZEC’s market capitalization is about $6.2 billion, flipping Monero (XMR). The source also notes ZEC is up roughly 45% this week despite a weak broader crypto market, underscoring strong relative momentum. Based on these source-reported metrics, traders may infer rotation within privacy coins and monitor liquidity and volatility risk at multi-year highs.

According to the source, a social post claims Zcash (ZEC) jumped 500% in October driven by celebrity mentions and short squeezes. Source: user-submitted social post. This assistant cannot independently verify that move; traders should confirm multi-venue spot performance and an aggregate index to avoid single-exchange distortions. Sources: Binance ZEC/USDT, OKX ZEC/USDT, Coinbase ZEC/USD, CryptoCompare aggregate indices. To validate a short squeeze, check whether funding rates spiked, open interest expanded, and short-side liquidations surged alongside price and volume. Sources: Binance Futures funding rate methodology, Coinglass ZEC perpetuals dashboard, Laevitas derivatives analytics, Bybit perpetuals metrics. Cross-check margin borrow rates/short interest and order book depth to gauge sustainability and slippage risk. Sources: Binance Margin, OKX Margin, Kaiko order book liquidity. Confirm on-chain activity changes to rule out purely speculative flow. Sources: Messari Zcash network data, Santiment on-chain metrics.

According to Milk Road (@MilkRoadDaily), ZEC was up about 40% on the day and was described as about to hit $300 in a post dated Oct 11, 2025, source: Milk Road on X, Oct 11, 2025.