Privacy coins see spectacular comeback - ZCash gains 60% in a week

While everyone probably expected some memecoins to emerge as the biggest weekly gainers following the fragile Iranian peace agreement, it turns out that privacy coins were the major winners once again. ZCash added no fewer than 60 percent in a single week and seems well on its way to match its record from last year.

Dash

Privacy coins were developed in the first years after the emergence of Bitcoin. They offer anonymity to users and are therefore invariably mentioned by so-called ‘bitcoin bashers’ who claim that crypto is full of criminals. The most well-known are Monero and Zcash.

The smaller, newer privacy coin Dash is also on the rise and gained 40% this week.

🚨ZCASH SURGES OVER 25% AS CEASEFIRE RISK-ON TRADE ERUPTS$ZEC is one of the biggest movers of the night, exploding over 25% as the global risk-on wave from Trump’s Iran ceasefire announcement tears through crypto markets.

Privacy coins are catching a bid. Japan up 5%. $XRP at… pic.twitter.com/LmNKH8rzP3

— BSCN (@BSCNews) April 8, 2026

Increase

Zcash performed excellently last year with a gain of around 500% year-on-year.

However, a crash ensued at the end of January this year as the coin’s devs (or developers) disagreed with the rest of the board regarding the future strategic direction of the digital currency and therefore decided to step down, which led to a (small) crash.

Ever since last week however, investor interest in privacy coins has suddenly increased.

The rising trading volume also suggests that a long-term peace agreement this weekend between the United States and Iran could easily start a new rally for Monero and ZCash.