Wu said that Santiment tweeted that Zcash increased by 75% over the past week but is still 22% below the level of $735 hit six months ago.

In the current environment of low government trust, the privacy sector is gaining more attention from retail traders, and the market increasingly views privacy assets as a hedge against surveillance concerns, tighter exchange regulations, and the expansion of AI data tracking on financial platforms.
Santiment stated that many also speculate that if global stablecoins and KYC rules continue to tighten, decentralized privacy networks might experience actual demand similar to previous adoption cycles; at the same time, most privacy coins have low market caps, which leads traders to see them as high-momentum trading targets during the mild altcoin rebound in May.