Zcash Surges, Reliance Global Shifts Investments from Bitcoin and Ethereum!

Jakarta, Pintu News – Nasdaq-listed company Reliance Global Group has converted its entire digital asset portfolio into Zcash (ZEC). As a result, experts continue to project an upward (bullish) trend for the ZEC token as its momentum increases.

Reliance Global offloads all crypto assets and switches to Zcash

According to a recent press release, Reliance Global Group announced that it has completely replaced its entire digital asset portfolio. The company confirmed that all previous holdings-including Bitcoin (BTC), Ethereum (ETH), Cardano (ADA), and XRP (XRP)-have been liquidated, and all funds transferred to the crypto asset Zcash (ZEC).

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This decision was made after a thorough review by the company and its Crypto Advisory Board Chairman, Blake Janover. The evaluation showed that Zcash offers the best long-term growth potential for the company’s treasury portfolio.

In its statement, Reliance stated that its Zcash-based single-asset portfolio strategy better supports the company’s long-term goals. CEO Ezra Beyman explained that the technological foundation of privacy coins such as Zcash is more in line with the company’s vision.

“As we considered the rapidly evolving digital asset landscape, it became clear that Zcash’s privacy architecture and institutional flexibility aligned better with our vision than a diversified crypto portfolio,” Beyman said.

The Zcash asset alone has seen a price increase of over 1,200% in the last 90 days, despite other major assets experiencing declines.

This move comes as a surprise, considering that just a few weeks earlier Reliance had expanded its crypto portfolio by adding XRP worth nearly $17 million.

Experts Predict Bullish Trend for ZEC Prices

The growing adoption of Zcash has prompted various positive projections for the token. One crypto expert recently revealed new bullish patterns in his latest analysis for ZEC, including a “bullish Gartley” formation that projects a price target near $850.

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A popular trader by the name of TraderSZ also stated that ZEC looks ready to “break the highs.” This reflects the growing belief that Zcash’s upward momentum is far from over.

In fact, one expert mentioned that Zcash has the potential to overtake Bitcoin as a privacy-focused peer-to-peer digital payment tool. While this is a bold prediction, it shows how much faith some experts have in the future of ZEC.

Meanwhile, BitMEX co-founder Arthur Hayes revealed that Zcash is now the second largest liquid position in his company’s portfolio, after Bitcoin. Hayes has consistently shown a positive outlook towards ZEC.

He even predicts that the token’s price could reach $1,000 in the near future if market conditions are favorable. On the other hand, exchange platform OKX is also considering adding ZEC to its list of traded assets.

FAQ

What is Zcash (ZEC)?

Zcash is a privacy-focused cryptocurrency that offers protected transactions that hide the sender, receiver, and value of the transaction on the blockchain.

Why did Reliance Global choose Zcash?

Reliance Global chose Zcash because they believe it has the best long-term growth potential for their portfolio, especially because of its privacy features.

What was the percentage increase in the price of Zcash in the last 90 days?

Zcash has experienced a price increase of more than 1,200% in the last 90 days.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Coingape. Experts Turn Bullish on Zcash as Reliance Global Dumps BTC, ETH, ADA for ZEC. Accessed on November 27, 2025