Overview

• ZEC climbed roughly 150% on the week to intraday highs around $151–$154, with market value near $2.3–$2.45 billion and daily trading volumes above $1 billion.
• Grayscale opened its Zcash Trust to accredited investors via private placement, and one report said early assets under management were about $46 million.
• Derivatives activity jumped as futures open interest rose from roughly $19 million to about $142–$144 million with a bullish long/short skew.
• Retail attention accelerated after Naval Ravikant’s endorsement and rising Google searches, while ThorSwap support and Zashi’s shielded swaps broadened non‑custodial access.
• Multiple indicators warned of overheating and potential pullback, including an RSI above 90, CryptoQuant’s alert, and roughly $21 million in exchange net inflows tracked by CoinGlass.