- Zcash surged 75% as analysts argued its privacy and quantum resistance outshine Bitcoin.
- Multicoin Capital revealed a major Zcash position, calling it a return to crypto’s roots.
- Santiment says rising surveillance fears are fueling renewed demand for privacy coins.
Privacy cryptocurrency Zcash is getting renewed attention as several well-known crypto investors and analysts argue it could be a better investment right now than Bitcoin.
The debate comes as Zcash rallied 75% over the past week, according to on-chain analytics platform Santiment. Meanwhile, Bitcoin slipped 2.3% in the last 24 hours to $79,684 at press time amid broader geopolitical uncertainty.
Trader Ansem Says Zcash Has Advantages Bitcoin Lacks
Crypto trader Ansem, aka Zion Thomas, recently explained why he believes Zcash is in a stronger position than Bitcoin right now.
He said one concern about Bitcoin is that future advances in quantum computing could make it more vulnerable. According to him, Zcash has an advantage because it includes quantum-resistant technology while also offering strong privacy features.
Ansem also said he currently prefers Zcash because Bitcoin has become more tied to large institutions.
He explained that early crypto supporters wanted financial systems that governments and corporations could not easily control. In his opinion, Zcash still represents those original ideals because it has not become as institutionalized as Bitcoin.
He also noted that attitudes toward Zcash are changing. In past crypto cycles, many people criticized it for lagging behind other major cryptocurrencies. But now, interest in privacy-focused coins is growing again as concerns about surveillance and financial tracking increase worldwide.
Santiment Says Privacy Coins Are Seeing Renewed Interest
Blockchain analytics firm Santiment noted that privacy cryptocurrencies have recently gained momentum as trust in governments declines and financial regulations become stricter.
According to the firm, many retail investors see privacy coins as protection against growing surveillance, tighter exchange rules, and AI-powered financial tracking.
Santiment also said some traders believe stricter stablecoin rules and stronger identity checks (KYC) could increase demand for decentralized privacy networks, similar to past crypto cycles.
Even after its recent jump, Zcash is still trading about 22% below the price it reached six months ago, when it briefly rose above $735.
Multicoin Capital Builds Large Zcash Position
Institutional interest in Zcash is also growing, with Multicoin Capital reportedly building a large position since February, according to cofounder and Managing Partner Tushar Jain.
Jain described Zcash as a return to the “cypherpunk” values that inspired the early crypto movement. He argued that although Bitcoin is resistant to censorship, governments could still target publicly visible Bitcoin holdings through taxes or asset seizures.
According to Jain, private digital assets could become more important as governments push for greater financial oversight and control.
He added that Multicoin believes demand for assets that are private, censorship-resistant, and resistant to seizure is growing, and sees Zcash as one of the strongest ways to invest in that idea through public crypto markets.
In sum, while privacy cryptocurrencies have been rising, Bitcoin has recently come under pressure due to renewed geopolitical tensions and weakness across financial markets. Even so, many institutional investors still see it as the main long-term reserve asset in crypto.
Related: Bitcoin Holds Above $80K While Altcoins Push Toward Critical $200 Billion Level
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
