ZEC (Zcash) Historical Price and Return Analysis: Should I buy ZEC now?

Summary

This article provides a comprehensive review of ZEC’s historical prices and market fluctuations since its inception, combining data from bull and bear market phases to evaluate the potential returns for investors purchasing 10 ZEC. It also addresses the key question, “Should I buy ZEC now?” to help both beginners and long-term investors grasp timing and growth opportunities.

Project Background and Core Features

Zcash is the first blockchain system to utilize zero-knowledge proof mechanisms, offering complete payment privacy while maintaining a decentralized network through a public blockchain. Like Bitcoin, the total supply of Zcash tokens (ZEC) is also 21 million. The difference is that Zcash transactions automatically hide the sender, receiver, and amount on the blockchain. Only those with viewing keys can see transaction details. Users have full control and can choose to provide viewing keys to others.

Bull Market Start and Early Market Cycle: Historical Price Review (2017 to 2018)

ZEC’s initial trading price was approximately $236.14. The following are the price changes during the early stages:

2017 Year

• Opening Price: $236.14
• Closing Price: $467.0
• Highest Price: $519.3
• Lowest Price: $212.25
• Annual Return: 97.76%

2018 Year

• Opening Price: $743.24
• Closing Price: $60.1
• Highest Price: $743.24
• Lowest Price: $50.8
• Annual Return: -91.91%

An investor who bought 10 ZEC in 2017 and sells today could realize a potential profit of $2,769.88.

Bear Market Adjustment and Mid-term Market Cycle: Profit and Risk Analysis (2019 to 2023)

During this period, ZEC’s price experienced multiple adjustments and rebounds influenced by market conditions and the overall crypto market trend. The following shows potential returns for investors purchasing 10 ZEC at different stages:

2019 Year

• Opening Price: $52.05
• Closing Price: $30.74
• Highest Price: $110.51
• Lowest Price: $27.19
• Annual Return: -40.94%
• Potential Profit: $4,610.8

2020 Year

• Opening Price: $35.51
• Closing Price: $59.36
• Highest Price: $91.72
• Lowest Price: $25.74
• Annual Return: 67.16%
• Potential Profit: $4,776.2

2021 Year

• Opening Price: $96.43
• Closing Price: $153.0
• Highest Price: $305.26
• Lowest Price: $85.64
• Annual Return: 58.66%
• Potential Profit: $4,167.0

2022 Year

• Opening Price: $144.1
• Closing Price: $37.19
• Highest Price: $210.33
• Lowest Price: $37.19
• Annual Return: -74.19%
• Potential Profit: $3,690.3

2023 Year

• Opening Price: $42.68
• Closing Price: $26.9
• Highest Price: $47.87
• Lowest Price: $24.7
• Annual Return: -36.97%
• Potential Profit: $4,704.5

Recent Market Cycle: Should I buy ZEC now? (2024 to 2026 so far)

In the past two years, ZEC has shown a significant upward trend, and the market is beginning to discuss whether a new bull phase has started.

2024 Year

• Opening Price: $21.89
• Closing Price: $57.85
• Highest Price: $74.31
• Lowest Price: $18.7
• Annual Return: 164.28%
• Potential Profit: $4,912.4

2025 Year

• Opening Price: $47.51
• Closing Price: $513.13
• Highest Price: $698.0
• Lowest Price: $29.91
• Annual Return: 980.05%
• Potential Profit: $4,656.2

Conclusion: Bull, Bear, and Investment Timing Analysis

By analyzing ZEC’s historical prices and potential returns, we observe a notable upward trend in 2024-2025, especially with over 980% annual return in 2025 indicating a significant shift in market sentiment. From a long-term perspective, ZEC, as the first privacy-focused blockchain project, still holds unique market value. Investors should assess whether the current market environment is suitable for deployment based on their risk tolerance and investment horizon.