Zcash Surges 14% as OKX Reverses Privacy Coin Ban

Key Insights:

• OKX will relist Zcash on Nov 24, marking its return after the 2024 delisting.
• ZEC price spiked 14% in 24 hours, driven by renewed market interest and heavy volume.
• RSI and MACD show mixed momentum as Zcash enters a key resistance zone against Bitcoin.

OKX will relist Zcash (ZEC) for spot trading on November 24, 2025, at 8:00 PM (UTC+8), according to the latest exchange update. This decision marks a shift from January 2024, when OKX removed Zcash, Monero (XMR), and Dash (DASH) as part of broader privacy coin restrictions.

OKX users can now deposit ZEC, with withdrawals opening two hours after trading begins. The move brings back one of the market’s best-known privacy assets to a major exchange. OKX remains a key platform for the Chinese-speaking crypto market, and the listing has sparked renewed activity around the token.

ZEC Price Rises Sharply After Listing News

Zcash has jumped 14.4% in the last 24 hours, reaching $575.23 at the time of writing. The token is showing strong volume, with $1.78 billion traded over the same period. Despite the rebound, ZEC is still down 17.7% over the last seven days.

The price reaction followed the OKX listing announcement. Traders responded quickly, with ZEC briefly touching a high above $600. Whether this trend continues may depend on broader market sentiment and how traders react once spot trading goes live.

ZEC/BTC Chart Holds Uptrend, But Watch Signals

Against Bitcoin, ZEC continues to show strength. It is trading at 0.0066556 BTC, up 8.7% for the day. The daily chart shows a clear trend of higher lows since mid-September. Price structure remains intact for now, without signs of a breakdown.

The Relative Strength Index (RSI) is reading 59.89. This shows momentum is still leaning bullish but not overheated. The RSI was above 65 earlier this month, so buyers may be pausing after a strong run. If RSI pushes back above 60, it could show renewed demand.

Momentum Slowing on MACD Crossover

The MACD shows a shift. The MACD line has moved below the signal line, and the histogram is now negative at -0.0000809. This suggests that short-term strength may be easing. However, no reversal has been confirmed yet.

Source: TradingView

OKX shared the launch details via its Chinese channel and said: “Availability may vary by region,” raising some uncertainty over where full access will be offered. No update was provided about other delisted privacy coins.