‘ZEC Is 20x Lower Than XRP’: Solana Builder Breaks Silence After Zcash’s 50% Crash

Oh dear, Zcash, the once mighty privacy coin, just took a rather hard tumble! From a comfy $600-$700, it decided to take a nosedive into the mid-$300s, like a pancake flopping onto the kitchen floor. That’s a whopping 50% of its precious gains wiped away in a blink of an eye! But, fret not, my dear crypto enthusiasts, because it seems the reaction from the developers and traders is that this fall is just a “healthy correction” – nothing to worry about, right? Who doesn’t like a good old-fashioned correction now and then? 🧐

Enter Mert Mumtaz, the Solana savior, and one of ZEC’s most vocal cheerleaders. He’s not the type to sit back and let a little thing like a 50% crash ruin his day. Oh no, Mert’s here to remind us all that a correction after a 1,400% increase is completely “normal.” And ZEC, folks, is still one of the strongest performers of the year. Don’t believe him? Just check the charts. 📈

Correction after a 700% is normal.

Still looks great on the year.

Privacy is not just a “narrative,” private money is the whole POINT of crypto.

ZEC is 20x lower than XRP. We’re gonna fix that.

– Mert | helius.dev (@0xMert_) December 1, 2025

And here’s where it gets spicy – Mert couldn’t resist throwing a little shade at XRP. I mean, who wouldn’t? He pointed out that ZEC is still around 20 times lower than XRP, despite both having multiyear histories, active users, and liquidity across multiple chains. Oh, the drama! 😱

Now, let’s break out the numbers, shall we? XRP is sitting pretty with a market cap of over $121 billion, while ZEC is… well, not exactly basking in that glory with its $5.9 billion cap and a circulating supply of 16.4 million coins. It’s like comparing a shiny sports car to a battered old bicycle, but hey, there’s always hope, right? If privacy keeps picking up steam, especially with the institutional folks giving their old, squeaky clean assets a second glance, maybe – just maybe – ZEC could claw its way back into the $450-$550 range. 🚗💨

For Mert, the gap between ZEC and XRP may eventually close, but only if demand for private money skyrockets in the next phase of the market. (Fingers crossed, eh?) 🤞

The Numbers Behind ZEC vs. XRP

Let’s take a peek at the cold, hard numbers. XRP’s market cap is over $121 billion, while ZEC lags behind at a mere $5.9 billion. ZEC’s circulating supply? 16.4 million coins. This massive gap has traders in a tizzy, with many speculating that if privacy becomes the hot new trend – especially as institutional desks turn their noses up at cleaner assets – ZEC could make a mad dash back to the $450-$550 range. Maybe it’ll even hit those November highs. Who knows? 💸

As for Mert, he’s not giving up just yet. He thinks ZEC could catch up to XRP if demand for privacy skyrockets in the next crypto boom. Maybe that’s wishful thinking – or maybe it’s just the optimism we all need in these trying times. 😏

For the momentum traders out there, the short-term prediction is as clear as day. If ZEC can hold that $330-$350 range, we might see a nice little run back up to the $600 zone. However, if it dips below $300, well, things might get ugly. We could see it slide all the way down to the $240-$260 range, which would reset the whole late-year parabola. But hey, nothing’s ever easy in crypto, right? 🧐

Read More

2025-12-01 20:07