Zcash (ZEC) price has recorded a jump of nearly 4% today following a major listing announcement. As per the latest crypto market updates, the crypto brokerage platform, Robinhood, has added the ZEC token on its platform, which has boosted market confidence. Arthur Hayes recently predicted $10k price for ZEC.
The jump in the Zcash price is also in line with the trend, as the broader crypto market recorded a pullback today. At the time of writing, the global crypto market cap fell around 2%, while Zcash price managed to move in the opposite direction.
Robinhood Lists Zcash Boosting Optimism
According to the latest update, the privacy-focused Zcash (ZEC) price jumped after Robinhood’s official announcement. The listing marks a significant milestone for the asset, providing it with newfound liquidity and exposure to millions of retail investors.
Notably, the move has been met with enthusiastic comments from industry leaders. Helius CEO Mert Mumtaz was among the first to laud the development. Mumtaz has been a vocal advocate for the Zcash integration into mainstream fintech apps. He has also long encouraged Robinhood to list the ZEC token on its platform.
Meanwhile, the soaring demand for privacy-focused coins has further boosted Zcash crypto’s appeal among traders. On the other hand, Robinhood was also on the investors’ tracker for some days.
Robinhood recently said that it has received an In-Principle approval from the Monetary Authority of Singapore to provide its brokerage services in the region. However, despite the major milestone, HOOD stock fell around 3% amid a broader crypto market selloff.
What’s Next for Zcash (ZEC) Price?
The Zcash (ZEC) price has shown resilience to the broader crypto market downturn today. ZEC price rose nearly 4% and exchanged hands at $332.44 at the time of writing, recovering from a 24-hour low of $312.56.
However, the investors are evaluating whether the rally could continue or decline after the Robinhood listing hype fades in the near future. Despite that, the market pundits appeared to have remained confident about the potential future movement of the asset.
For context, BitMEX co-founder Arthur Hayes has remained bullish for a long time on the Zcash (ZEC) crypto. In a recent interview with Anthony Pompliano, Hayes said that 90% of his net worth is in Bitcoin.
Simultaneously, he noted that among the altcoins, he is most bullish on Zcash and Hyperliquid (HYPE). His trust in the project was further noted in an X post from 2025, when he sparked a market frenzy by predicting a long-term price target of $10,000 for the token.
While the critics called it over-ambitious, Hayes has continued to remain bullish on the asset. Besides, the recent Robinhood listing has further bolstered market confidence, suggesting a potential rally ahead for the asset.
In a recent analysis shared on TradingView, analyst thatsavibe_eth predicted a potential Zcash price rally to as high as $600. However, he noted that ZEC must break through the $390 resistance to witness a strong run ahead. On the other hand, the bullish outlook would get invalidated if the crypto fails to hold the $300-$310 support zone.
Source: https://coingape.com/arthur-zcash-forecast-robinhood-listing/
