Cardano News Today: Zcash's Privacy Premium Sparks 100% Surge, but Overbought Metrics Hint at Looming Correction

Zcash (ZEC) has experienced a significant price surge in October 2025, with its value rising over 100% amid increased demand for privacy-focused cryptocurrencies. The rally, part of a broader "Uptober" trend, saw ZEC climb from $50 to a peak of $135.54, driven by Grayscale's launch of a Zcash Trust, which granted institutional investors access to the asset. This development coincided with a 15.5% month-on-month increase in shielded transactions, underscoring growing interest in Zcash's privacy features Zcash Soars 100% as Demand for Privacy Increases in October^[2]. The surge was further amplified by short liquidations exceeding $1.8 million in a 24-hour period and a futures open interest reaching $200 million, signaling heightened speculative activity Zcash Price Prediction: Wyckoff Theory Suggests ZEC Crash^[1].

Technical analysis suggests ZEC's price action aligns with the Wyckoff Theory's accumulation phase, transitioning into a markup phase marked by strong demand. However, analysts caution that the RSI's overbought level (90) and the 50% Fibonacci retracement near $79 may trigger a correction Zcash Price Prediction: Wyckoff Theory Suggests ZEC Crash^[1]. Meanwhile, Electric Coin Co. CEO Josh Swihart attributed the surge to a confluence of factors, including ecosystem growth, integrations like Zashi wallet's cross-chain swaps, and viral endorsements from figures like Naval Ravikant, who described Zcash as "insurance against Bitcoin" Ethereum Altcoin MAGACOIN FINANCE Completes …^[5].

In the privacy token sector, Zcash outperformed peers like Monero and Dash, with ZEC's $292 million trading volume outpacing the 15% average gain for the category. Railgun's RAIL token surged 117% as renewed interest in shielded smart contracts gained traction Zcash ZEC price makes a powerful surge: CEO details ZEC's …^[4]. The broader market rotation into privacy assets coincided with regulatory uncertainties and economic shifts, echoing patterns from the 2017–2018 bull cycle Zcash ZEC price makes a powerful surge: CEO details ZEC's …^[4].

MAGACOIN FINANCE, an Ethereum-based altcoin, has completed a dual audit process with Hashex.org and Certik.com, confirming its smart contracts' security and transparency. The project's presale has raised $15.5 million from over 14,000 investors, with Hashex's audit reporting no critical vulnerabilities and Certik's review underway. Analysts and independent auditors have labeled the project "100% legitimate," emphasizing its structured tokenomics and public documentation as benchmarks for secure presales MAGACOIN FINANCE — Why Top Analysts Confirm It’s Safe, …^[6]. The dual-audit strategy has bolstered investor confidence, with the project positioning itself as a top-tier opportunity amid a crowded market Cardano (ADA) Price Outlook 2025: Potential Breakout …^[8].

Cardano (ADA) faces a critical juncture as its price consolidates near $0.82, with technical indicators suggesting a potential breakout above $1. The token's inclusion in the S&P Digital Markets 50 Index has enhanced its institutional visibility, while a symmetrical triangle pattern on its chart indicates equilibrium between buyers and sellers. Sustained volume above the 50-week EMA and a decisive move past $0.90 resistance could validate a bullish continuation. Analysts also highlight the growing likelihood of a Cardano ETF approval, with prediction markets assigning a 76% chance of SEC approval by year-end, which could catalyze institutional inflows .

The ADA community remains optimistic, with on-chain data showing accumulation by larger holders and a 90% positive sentiment on platforms like CoinMarketCap. However, short-term volatility remains a risk, as dips to $0.47 could test the resilience of bullish momentum .