Key Highlights
- Cypherpunk Technologies has announced the acquisition of an additional 56,418.09 ZEC tokens, worth approximately $29 million, expanding its treasury
- This acquisition comes at a time when experts, like the former CEO of BitMEX, hint at the major price movement in the cryptocurrency market
- At present, the cryptocurrency is trading at around $538.41 with 2.3% hike in 24 hours
On December 30, the leading privacy-focused company, Cypherpunk Technologies, announced the acquisition of an additional 56,418.09 ZEC tokens, worth approximately $29 million at an average price of $514.02 per ZEC.
With this new acquisition, Cyberpunk is expanding its corporate treasury ahead of the New Year celebrations. This new purchase of ZEC tokens will help the company to reach its new height, now holding over 290,062.67 ZEC in total. This is around 1.76% of the total circulating network supply.
“We continue to execute on our goal of accumulating 5% of the Zcash network.” Will McEvoy, CIO of Cypherpunk, said. “As our Zcash position grows, we are well-positioned for a market that is repricing the societal importance of privacy. We are excited to continue executing on our Zcash strategy while expanding our work across a broader set of privacy-preserving technologies and initiatives.”
The cumulative average cost of each ZEC token is around $334.41 per token. At the time of writing, the token is trading at around $538.41 with a 2.27% hike along with a market capitalization of $8.86 billion, according to CoinMarketCap.
Will Zcash (ZEC) Reach $1,000 in 2026
The token soared significantly, fueled by renewed investor focus on privacy-focused cryptocurrencies. Arthur Hayes, the former CEO of BitMEX, has shared his bullish outlook for cryptocurrencies. In October, he first set a high target of $10,000 in October, which helped push ZEC to around $775.
On December 29, he identified $1,000 as an initial, realistic goal, citing better market liquidity and growing accumulation by large-scale investors.
“Privacy is becoming a requirement, not a feature. Capital moves when surveillance increases. Zcash is already battle-tested, scarce, and fully private by design.There aren’t many true privacy assets that institutions and sovereign capital can actually use. When the market reprices privacy as infrastructure, not narrative, ZEC doesn’t move slowly. It gaps,” Maxuel (Max) Lee stated in the post on X.
Haye’s forecast for ZEC mainly comes from his confidence in its fundamentals. Privacy is becoming a necessary component of financial infrastructure, not just a specialized feature. In an era of increasing global surveillance, from Central Bank Digital Currencies (CBDCs) to blockchain analysis and strict regulations, investment is flowing toward genuine privacy tools.
The tears of the bears shall be my sustenance. $ZEC first stop $1k pic.twitter.com/FPCZbNxMTj
— Arthur Hayes (@CryptoHayes) December 29, 2025
According to experts, Zcash is capable of bringing huge changes in privacy-based transactions. Its technology, based on proven zk-SNARKs, allows for completely private transactions that conceal the sender, receiver, and amount. Unlike Monero, which mandates privacy, Zcash provides optional transparency, which can help with regulatory compliance.
Roughly 30% of all ZEC is held in shielded pools, reducing the immediate supply available for trading. Data also shows that large holders control about 66% of the supply, with substantial amounts moving off exchanges, which is a sign of holding rather than selling.
ZEC to $10,000 isn’t about hype. It’s about inevitability.
Privacy is becoming a requirement, not a feature. Capital moves when surveillance increases. Zcash is already battle-tested, scarce, and fully private by design.
There aren’t many true privacy assets that institutions… pic.twitter.com/Qh2CMrSicB
— Maxuel (Max) Lee | max.btc (@maxleebtc) December 30, 2025
The total supply is capped at 21 million coins, which creates Bitcoin-like scarcity. Due to this, institutional interest is also growing. According to experts, Zcash is a very appealing project with a positive outlook.
ZEC has broken free from a multi-year downward trend and has moved above major technical indicators, which form patterns that analysts suggest could lead to higher prices. Some predictions suggest a range of $650 to $720 in early 2026, with $1,000 or more possible if the upward trend continues.
Also Read: Strategy Acquires 1,229 BTC Ahead of Bitcoin’s $90,000 Break
