Bitcoin, ZCash and Toncoin: major winners of the past three months

It’s mid-May 2026, the crypto market has crawled out of a deep slump and crypto winter seems to be over (although we still need a positive figure this month to declare this officially so). Here are three of the clear winners of the last three months.

Bitcoin

The largest digital currency climbed higher ever since reaching a low of around $60,000 in mid-February. Since then, it has been moving steadily upward, and after three months of ‘grinding’, we seeing a gain of 20%. Not exactly a spectacular bull run, but I don’t expect that at this moment either. Watch out for a pullback, but normally speaking, it is possible that we can hope for $100k by the end of the year again.

ZCash

The privacy coin ZCash, which already posted a 500% gain last year, experienced a rather turbulent start when part of the developer team left the company in January. But after Bitcoin rose, investor interest suddenly shifted back to privacy coins earlier this month. ZCash was the clear favorite, and the coin has risen by 130% in the last three months.

Toncoin

The Telegram platform’s coin experienced a very bad 2025 after Pavel Durov was arrested in France. The value of Toncoin went from a high of $8 to a low of $1 over that period. But after Durov’s problems with the French courts were resolved and he promised that Toncoin would be widely distributed on Telegram, the value of Toncoin has been rising again in recent weeks. It increased by 80% in the last three months.