Zcash (ZEC) g&#7847;n &#273;&acirc;y c&oacute; m&#7897;t &#273;&#7907;t t&#259;ng gi&aacute; m&#7841;nh m&#7869;, t&#259;ng 790% k&#7875; t&#7915; th&aacute;ng 10 v&agrave; v&#432;&#7907;t qua t&#7845;t c&#7843; 10 &#273;&#7891;ng ti&#7873;n k&#7929; thu&#7853;t s&#7889; h&agrave;ng &#273;&#7847;u v&#7873; m&#7913;c t&#259;ng tr&#432;&#7903;ng.
Tuy nhi&ecirc;n, trong b&#7889;i c&#7843;nh t&#259;ng gi&aacute; n&agrave;y, c&oacute; nhi&#7873;u s&#7921; nghi ng&#7901;, v&#7899;i nhi&#7873;u ng&#432;&#7901;i &#273;ang &#273;&#7863;t c&acirc;u h&#7887;i li&#7879;u &#273;&#7907;t t&#259;ng gi&aacute; c&#7911;a ZEC c&oacute; ph&#7843;i l&agrave; m&#7897;t bong b&oacute;ng s&#7855;p n&#7893; hay kh&ocirc;ng.
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-zcash-bulls-vs-bears-is-the-privacy-coin-s-comeback-built-to-last">Zcash phe b&ograve; v&agrave; phe g&#7845;u: S&#7921; tr&#7903; l&#7841;i c&#7911;a Privacy Coin c&oacute; b&#7873;n v&#7919;ng kh&ocirc;ng?</h2>

Zcash &#273;&atilde; n&#7893;i l&ecirc;n nh&#432; m&#7897;t trong <a href="https://vn.beincrypto.com/arthur-hayes-10000-zec-call-zcash-price/" target="_blank" rel="noreferrer noopener">nh&#7919;ng t&agrave;i s&#7843;n &#273;&#432;&#7907;c nh&#7855;c &#273;&#7871;n nhi&#7873;u nh&#7845;t trong kh&ocirc;ng gian</a> ti&#7873;n m&atilde; h&oacute;a. &#272;&#7907;t t&#259;ng gi&aacute; &#273;&atilde; &#273;&#7849;y gi&aacute; tr&#7883; c&#7911;a n&oacute; l&ecirc;n m&#7913;c cao nh&#7845;t trong nhi&#7873;u n&#259;m, b&#7845;t ch&#7845;p s&#7921; suy tho&aacute;i chung c&#7911;a th&#7883; tr&#432;&#7901;ng.
ZEC <a href="https://x.com/0xSweep/status/1987631412049301766" target="_blank" rel="noreferrer noopener nofollow">hi&#7879;n l&agrave;</a> <a href="https://vn.beincrypto.com/zcash-zec-price-retest-500-after-8-years/" target="_blank" rel="noreferrer noopener">&#273;&#7891;ng coin c&oacute; hi&#7879;u su&#7845;t t&#7889;t nh&#7845;t</a> trong 90 ng&agrave;y qua. T&#7841;i th&#7901;i &#273;i&#7875;m vi&#7871;t b&agrave;i, n&oacute; &#273;ang giao d&#7883;ch &#7903; m&#7913;c 627 USD, t&#259;ng h&#417;n 3% trong ng&agrave;y qua.
<img style="height:400px;width:640px;" decoding="async" alt="" class="wp-image-771625 lazy" loading="lazy" src="https://assets.beincrypto.com/img/q6-G7Uljw4JEoFwPNmozhQ9RWSU=/smart/e01638a495b6473d9a75f61ad2a1f7e7">Hi&#7879;u su&#7845;t gi&aacute; Zcash (ZEC). Ngu&#7891;n: <a href="https://beincrypto.com/price/zcash/" target="_blank" rel="noreferrer noopener">BeInCrypto Markets</a>

Tuy nhi&ecirc;n, kh&ocirc;ng ph&#7843;i ai c&#361;ng tin v&agrave;o ti&#7873;m n&#259;ng c&#7911;a Zcash. M&#7897;t s&#7889; ng&#432;&#7901;i ph&ecirc; ph&aacute;n cho r&#7857;ng s&#7921; t&#259;ng gi&aacute; g&#7847;n &#273;&acirc;y ch&#7911; y&#7871;u do KOLs (Ng&#432;&#7901;i d&#7851;n d&#7855;t d&#432; lu&#7853;n) qu&#7843;ng c&aacute;o.
<blockquote class="max-w-xl text-4.5 border-l-2 border-blue-600 pl-11 mb-9 select-all [&amp;_p]:!mb-0 wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
&ldquo;S&#7921; t&#259;ng gi&aacute; g&#7847;n &#273;&acirc;y c&#7911;a ZEC t&#7915; 265 USD &#273;&#7871;n hi&#7879;n t&#7841;i ho&agrave;n to&agrave;n b&#7883; &#7843;nh h&#432;&#7903;ng b&#7903;i ti&#7871;ng vang t&#7915; Arthur Hayes v&agrave; Ansem, nh&#7919;ng ng&#432;&#7901;i c&oacute; th&#7875; &#273;&atilde; b&#7855;t &#273;&#7847;u &#273;&#7849;y gi&aacute; ZEC l&ecirc;n t&#7915; kh&ocirc;ng h&#7891;i n&agrave;o trong ba tu&#7847;n qua. H&#7885; r&otilde; r&agrave;ng &#273;ang th&#7893;i ph&#7891;ng l&ecirc;n&rdquo;, m&#7897;t nh&agrave; ph&acirc;n t&iacute;ch &#273;&atilde; <a href="https://x.com/criptopaul/status/1984257688910651427" target="_blank" rel="noreferrer noopener nofollow">tuy&ecirc;n b&#7889;</a>.
</blockquote>

Th&ecirc;m v&agrave;o &#273;&oacute;, c&aacute;c nh&agrave; giao d&#7883;ch &#273;&atilde; b&agrave;y t&#7887; <a href="https://x.com/polaris_xbt/status/1987142744905548090" target="_blank" rel="noreferrer noopener nofollow">lo ng&#7841;i</a> v&#7873; h&agrave;nh &#273;&#7897;ng gi&aacute; parabol, l&#432;u &yacute; r&#7857;ng nh&#7919;ng &#273;&#7897;ng th&aacute;i th&#7859;ng &#273;&#7913;ng nh&#432; v&#7853;y th&#432;&#7901;ng b&aacute;o tr&#432;&#7899;c s&#7921; &#273;i&#7873;u ch&#7881;nh m&#7841;nh. Nhi&#7873;u ng&#432;&#7901;i c&#361;ng &#273;ang &#273;&#7863;t c&#432;&#7907;c <a href="https://x.com/mauritsneo/status/1984525842291060878" target="_blank" rel="noreferrer noopener nofollow">ch&#7889;ng l&#7841;i</a> s&#7921; t&#259;ng gi&aacute; th&ecirc;m trong th&#7883; tr&#432;&#7901;ng ph&aacute;i sinh.
<blockquote class="max-w-xl text-4.5 border-l-2 border-blue-600 pl-11 mb-9 select-all [&amp;_p]:!mb-0 wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
&ldquo;T&ocirc;i l&#7841;c quan v&#7873; lu&#7853;n &#273;i&#7875;m b&#7843;o m&#7853;t, nh&#432;ng c&aacute;c bi&#7875;u &#273;&#7891; parabol hi&#7871;m khi duy tr&igrave; trong ng&#7855;n h&#7841;n m&agrave; kh&ocirc;ng c&oacute; &#273;i&#7873;u ch&#7881;nh &yacute; ngh&#297;a. Qu&aacute; nhi&#7873;u FOMO ng&#7855;n h&#7841;n theo &yacute; ki&#7871;n c&#7911;a t&ocirc;i,&rdquo; m&#7897;t nh&agrave; giao d&#7883;ch &#273;&atilde; <a href="https://x.com/gogogunny/status/1986815725135401037" target="_blank" rel="noreferrer noopener nofollow">nh&#7853;n &#273;&#7883;nh</a>.
</blockquote>

C&aacute;c th&#7883; tr&#432;&#7901;ng d&#7921; &#273;o&aacute;n ph&#7843;n &aacute;nh s&#7921; thay &#273;&#7893;i trong t&acirc;m l&yacute;. Tr&ecirc;n Polymarket, <a href="https://polymarket.com/event/will-zcash-hit-1000-by-december-31?tid=1762765677484" target="_blank" rel="noreferrer noopener nofollow">t&#7927; l&#7879; c&#432;&#7907;c</a> r&#7857;ng ZEC &#273;&#7841;t 1,000 USD v&agrave;o th&aacute;ng 12 &#273;&atilde; gi&#7843;m t&#7915; 50% xu&#7889;ng c&ograve;n 37%. &#272;i&#7873;u n&agrave;y cho th&#7845;y s&#7921; nghi ng&#7901; t&#7915; ph&iacute;a c&aacute;c nh&agrave; giao d&#7883;ch v&#7873; kh&#7843; n&#259;ng duy tr&igrave;.
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-what-s-driving-zcash-in-2025">&#272;i&#7873;u g&igrave; th&uacute;c &#273;&#7849;y Zcash trong n&#259;m 2025?</h2>

D&ugrave; v&#7853;y, c&aacute;c chuy&ecirc;n gia cho r&#7857;ng &#273;&#7907;t t&#259;ng gi&aacute; c&#7911;a Zcash &#273;&#432;&#7907;c h&#7895; tr&#7907; b&#7903;i <a href="https://beincrypto.com/learn/how-do-privacy-coins-work" target="_blank" rel="noreferrer noopener">n&#7873;n t&#7843;ng m&#7841;nh m&#7869; h&#417;n l&agrave;</a> s&#7921; &#273;&#7847;u c&#417; thu&#7847;n t&uacute;y. Nh&agrave; ph&acirc;n t&iacute;ch Nansen Jake Kennis n&oacute;i v&#7899;i BeInCrypto r&#7857;ng s&#7921; t&#259;ng v&#7885;t c&#7911;a ti&#7873;n &#273;i&#7879;n t&#7917; l&ecirc;n m&#7913;c cao trong t&aacute;m n&#259;m &#273;&atilde; &#273;&#432;&#7907;c th&uacute;c &#273;&#7849;y b&#7903;i nhi&#7873;u y&#7871;u t&#7889;, bao g&#7891;m s&#7921; gia t&#259;ng <a href="https://vn.beincrypto.com/zcash-privacy-rally-vs-bitcoin/" target="_blank" rel="noreferrer noopener">nh&#7853;n di&#7879;n v&#7873; s&#7921; b&#7843;o m&#7853;t</a> nh&#432; m&#7897;t nhu c&#7847;u thay v&igrave; m&#7897;t t&iacute;nh n&#259;ng.
<blockquote class="max-w-xl text-4.5 border-l-2 border-blue-600 pl-11 mb-9 select-all [&amp;_p]:!mb-0 wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
&ldquo;V&#7873; m&#7863;t k&#7929; thu&#7853;t, ki&#7871;n tr&uacute;c zero-knowledge c&#7911;a Zcash, v&iacute; Zashi cho ph&eacute;p chuy&#7875;n giao &#7849;n danh v&agrave; t&iacute;ch h&#7907;p v&#7899;i Solana &#273;&#7873;u c&#7843;i thi&#7879;n t&iacute;nh s&#7917; d&#7909;ng v&agrave; truy c&#7853;p&hellip; S&#7921; ch&uacute; &yacute; m&#7899;i v&agrave; h&agrave;nh &#273;&#7897;ng gi&aacute; t&iacute;ch c&#7921;c &#273;&atilde; thu h&uacute;t s&#7921; ch&uacute; &yacute; t&#7915; nh&#7919;ng nh&acirc;n v&#7853;t n&#7893;i b&#7853;t nh&#432; Arthur Hayes v&agrave; Barry Silbert. Sau nhi&#7873;u n&#259;m ho&#7841;t &#273;&#7897;ng k&eacute;m, s&#7921; h&#7891;i sinh c&#7911;a ZEC &#273;&atilde; thu h&uacute;t d&ograve;ng v&#7889;n m&#7899;i,&rdquo; &ocirc;ng nh&#7853;n x&eacute;t.
</blockquote>

Nh&agrave; ph&acirc;n t&iacute;ch c&#361;ng b&#7893; sung r&#7857;ng tokenomics t&#432;&#417;ng t&#7921; Bitcoin c&#7911;a Zcash, k&#7871;t h&#7907;p v&#7899;i b&#7843;o m&#7853;t zk-SNARK, &#273;&#7863;t n&oacute; v&agrave;o v&#7883; tr&iacute; nh&#432; <a href="https://vn.beincrypto.com/zcash-vs-bitcoin-privacy-tokenomics-future/" target="_blank" rel="noreferrer noopener">&ldquo;Bitcoin m&atilde; h&oacute;a.&rdquo;</a> C&aacute;c d&#7921; b&aacute;o t&#7915; c&aacute;c chuy&ecirc;n gia th&#7883; tr&#432;&#7901;ng c&#361;ng &#273;&atilde; ti&#7871;p th&ecirc;m &#273;&#7897;ng l&#7921;c t&iacute;ch c&#7921;c. Nhi&#7873;u ng&#432;&#7901;i <a href="https://x.com/cottonxbt/status/1987799205172195555" target="_blank" rel="noreferrer noopener nofollow">tin t&#432;&#7903;ng</a> r&#7857;ng ZEC c&oacute; th&#7875; &#273;&#7841;t 1,000 USD v&agrave;o n&#259;m 2025, d&ugrave; c&oacute; nh&#7919;ng ng&#432;&#7901;i ho&agrave;i nghi d&#7921; &#273;o&aacute;n <a href="https://vn.beincrypto.com/zcash-price-uptrend-whales-volume-backed-rally/" target="_blank" rel="noreferrer noopener">s&#7921; &#273;i&#7873;u ch&#7881;nh gi&aacute; ti&#7873;m n&#259;ng</a>.
<blockquote class="max-w-xl text-4.5 border-l-2 border-blue-600 pl-11 mb-9 select-all [&amp;_p]:!mb-0 wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
&ldquo;B&#7841;n kh&ocirc;ng th&#7875; b&#7887; qua th&#7921;c t&#7871; r&#7857;ng &#273;&acirc;y s&#7869; l&agrave; token nhanh nh&#7845;t &#273;&#7841;t m&#7913;c v&#7889;n h&oacute;a 100 T&#7926; USD. &#272;&#7915;ng b&#7887; qua c&aacute;c &#273;&#7891;ng coin b&#7843;o m&#7853;t,&rdquo; m&#7897;t chuy&ecirc;n gia th&#7883; tr&#432;&#7901;ng <a href="https://x.com/wangbnbwhale/status/1987543683303080215" target="_blank" rel="noreferrer noopener nofollow">d&#7921; &#273;o&aacute;n</a>.
</blockquote>

Khi th&aacute;ng 11 ti&#7871;p t&#7909;c, vi&#7879;c <a href="https://beincrypto.com/learn/buy-zcash" target="_blank" rel="noreferrer noopener">Zcash c&oacute; th&#7875; duy tr&igrave;</a> &#273;&agrave; t&#259;ng m&#7841;nh ho&#7863;c &#273;&#7889;i m&#7863;t v&#7899;i s&#7921; &#273;i&#7873;u ch&#7881;nh m&#7841;nh v&#7851;n c&ograve;n l&agrave; &#273;i&#7873;u kh&ocirc;ng ch&#7855;c ch&#7855;n. Nh&#7919;ng d&#7921; b&aacute;o tr&aacute;i ng&#432;&#7907;c l&agrave;m n&#7893;i b&#7853;t s&#7921; ph&acirc;n chia s&acirc;u s&#7855;c trong t&acirc;m l&yacute; th&#7883; tr&#432;&#7901;ng &mdash; v&agrave; nh&#7919;ng tu&#7847;n t&#7899;i s&#7869; cho th&#7845;y li&#7879;u phe mua hay phe b&aacute;n s&#7869; chi&#7871;m &#432;u th&#7871;.

Zcash (ZEC) đã vượt qua câu chuyện phục hồi để thành bong bóng tiền điện tử chưa?

Zcash (ZEC) g&#7847;n &#273;&acirc;y c&oacute; m&#7897;t &#273;&#7907;t t&#259;ng gi&aacute; m&#7841;nh m&#7869;, t&#259;ng 790% k&#7875; t&#7915; th&aacute;ng 10 v&agrave; v&#432;&#7907;t qua t&#7845;t c&#7843; 10 &#273;&#7891;ng ti&#7873;n k&#7929; thu&#7853;t s&#7889; h&agrave;ng &#273;&#7847;u v&#7873; m&#7913;c t&#259;ng tr&#432;&#7903;ng.
Tuy nhi&ecirc;n, trong b&#7889;i c&#7843;nh t&#259;ng gi&aacute; n&agrave;y, c&oacute; nhi&#7873;u s&#7921; nghi ng&#7901;, v&#7899;i nhi&#7873;u ng&#432;&#7901;i &#273;ang &#273;&#7863;t c&acirc;u h&#7887;i li&#7879;u &#273;&#7907;t t&#259;ng gi&aacute; c&#7911;a ZEC c&oacute; ph&#7843;i l&agrave; m&#7897;t bong b&oacute;ng s&#7855;p n&#7893; hay kh&ocirc;ng.
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-zcash-bulls-vs-bears-is-the-privacy-coin-s-comeback-built-to-last">Zcash phe b&ograve; v&agrave; phe g&#7845;u: S&#7921; tr&#7903; l&#7841;i c&#7911;a Privacy Coin c&oacute; b&#7873;n v&#7919;ng kh&ocirc;ng?</h2>

Zcash &#273;&atilde; n&#7893;i l&ecirc;n nh&#432; m&#7897;t trong <a href="https://vn.beincrypto.com/arthur-hayes-10000-zec-call-zcash-price/" target="_blank" rel="noreferrer noopener">nh&#7919;ng t&agrave;i s&#7843;n &#273;&#432;&#7907;c nh&#7855;c &#273;&#7871;n nhi&#7873;u nh&#7845;t trong kh&ocirc;ng gian</a> ti&#7873;n m&atilde; h&oacute;a. &#272;&#7907;t t&#259;ng gi&aacute; &#273;&atilde; &#273;&#7849;y gi&aacute; tr&#7883; c&#7911;a n&oacute; l&ecirc;n m&#7913;c cao nh&#7845;t trong nhi&#7873;u n&#259;m, b&#7845;t ch&#7845;p s&#7921; suy tho&aacute;i chung c&#7911;a th&#7883; tr&#432;&#7901;ng.
ZEC <a href="https://x.com/0xSweep/status/1987631412049301766" target="_blank" rel="noreferrer noopener nofollow">hi&#7879;n l&agrave;</a> <a href="https://vn.beincrypto.com/zcash-zec-price-retest-500-after-8-years/" target="_blank" rel="noreferrer noopener">&#273;&#7891;ng coin c&oacute; hi&#7879;u su&#7845;t t&#7889;t nh&#7845;t</a> trong 90 ng&agrave;y qua. T&#7841;i th&#7901;i &#273;i&#7875;m vi&#7871;t b&agrave;i, n&oacute; &#273;ang giao d&#7883;ch &#7903; m&#7913;c 627 USD, t&#259;ng h&#417;n 3% trong ng&agrave;y qua.
<img style="height:400px;width:640px;"decoding="async" alt="" class="wp-image-771625 lazy" loading="lazy" src="https://assets.beincrypto.com/img/q6-G7Uljw4JEoFwPNmozhQ9RWSU=/smart/e01638a495b6473d9a75f61ad2a1f7e7">Hi&#7879;u su&#7845;t gi&aacute; Zcash (ZEC). Ngu&#7891;n: <a href="https://beincrypto.com/price/zcash/" target="_blank" rel="noreferrer noopener">BeInCrypto Markets</a>

Tuy nhi&ecirc;n, kh&ocirc;ng ph&#7843;i ai c&#361;ng tin v&agrave;o ti&#7873;m n&#259;ng c&#7911;a Zcash. M&#7897;t s&#7889; ng&#432;&#7901;i ph&ecirc; ph&aacute;n cho r&#7857;ng s&#7921; t&#259;ng gi&aacute; g&#7847;n &#273;&acirc;y ch&#7911; y&#7871;u do KOLs (Ng&#432;&#7901;i d&#7851;n d&#7855;t d&#432; lu&#7853;n) qu&#7843;ng c&aacute;o.
<blockquote class="max-w-xl text-4.5 border-l-2 border-blue-600 pl-11 mb-9 select-all [&amp;_p]:!mb-0 wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
&ldquo;S&#7921; t&#259;ng gi&aacute; g&#7847;n &#273;&acirc;y c&#7911;a ZEC t&#7915; 265 USD &#273;&#7871;n hi&#7879;n t&#7841;i ho&agrave;n to&agrave;n b&#7883; &#7843;nh h&#432;&#7903;ng b&#7903;i ti&#7871;ng vang t&#7915; Arthur Hayes v&agrave; Ansem, nh&#7919;ng ng&#432;&#7901;i c&oacute; th&#7875; &#273;&atilde; b&#7855;t &#273;&#7847;u &#273;&#7849;y gi&aacute; ZEC l&ecirc;n t&#7915; kh&ocirc;ng h&#7891;i n&agrave;o trong ba tu&#7847;n qua. H&#7885; r&otilde; r&agrave;ng &#273;ang th&#7893;i ph&#7891;ng l&ecirc;n&rdquo;, m&#7897;t nh&agrave; ph&acirc;n t&iacute;ch &#273;&atilde; <a href="https://x.com/criptopaul/status/1984257688910651427" target="_blank" rel="noreferrer noopener nofollow">tuy&ecirc;n b&#7889;</a>.
</blockquote>

Th&ecirc;m v&agrave;o &#273;&oacute;, c&aacute;c nh&agrave; giao d&#7883;ch &#273;&atilde; b&agrave;y t&#7887; <a href="https://x.com/polaris_xbt/status/1987142744905548090" target="_blank" rel="noreferrer noopener nofollow">lo ng&#7841;i</a> v&#7873; h&agrave;nh &#273;&#7897;ng gi&aacute; parabol, l&#432;u &yacute; r&#7857;ng nh&#7919;ng &#273;&#7897;ng th&aacute;i th&#7859;ng &#273;&#7913;ng nh&#432; v&#7853;y th&#432;&#7901;ng b&aacute;o tr&#432;&#7899;c s&#7921; &#273;i&#7873;u ch&#7881;nh m&#7841;nh. Nhi&#7873;u ng&#432;&#7901;i c&#361;ng &#273;ang &#273;&#7863;t c&#432;&#7907;c <a href="https://x.com/mauritsneo/status/1984525842291060878" target="_blank" rel="noreferrer noopener nofollow">ch&#7889;ng l&#7841;i</a> s&#7921; t&#259;ng gi&aacute; th&ecirc;m trong th&#7883; tr&#432;&#7901;ng ph&aacute;i sinh.
<blockquote class="max-w-xl text-4.5 border-l-2 border-blue-600 pl-11 mb-9 select-all [&amp;_p]:!mb-0 wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
&ldquo;T&ocirc;i l&#7841;c quan v&#7873; lu&#7853;n &#273;i&#7875;m b&#7843;o m&#7853;t, nh&#432;ng c&aacute;c bi&#7875;u &#273;&#7891; parabol hi&#7871;m khi duy tr&igrave; trong ng&#7855;n h&#7841;n m&agrave; kh&ocirc;ng c&oacute; &#273;i&#7873;u ch&#7881;nh &yacute; ngh&#297;a. Qu&aacute; nhi&#7873;u FOMO ng&#7855;n h&#7841;n theo &yacute; ki&#7871;n c&#7911;a t&ocirc;i,&rdquo; m&#7897;t nh&agrave; giao d&#7883;ch &#273;&atilde; <a href="https://x.com/gogogunny/status/1986815725135401037" target="_blank" rel="noreferrer noopener nofollow">nh&#7853;n &#273;&#7883;nh</a>.
</blockquote>

C&aacute;c th&#7883; tr&#432;&#7901;ng d&#7921; &#273;o&aacute;n ph&#7843;n &aacute;nh s&#7921; thay &#273;&#7893;i trong t&acirc;m l&yacute;. Tr&ecirc;n Polymarket, <a href="https://polymarket.com/event/will-zcash-hit-1000-by-december-31?tid=1762765677484" target="_blank" rel="noreferrer noopener nofollow">t&#7927; l&#7879; c&#432;&#7907;c</a> r&#7857;ng ZEC &#273;&#7841;t 1,000 USD v&agrave;o th&aacute;ng 12 &#273;&atilde; gi&#7843;m t&#7915; 50% xu&#7889;ng c&ograve;n 37%. &#272;i&#7873;u n&agrave;y cho th&#7845;y s&#7921; nghi ng&#7901; t&#7915; ph&iacute;a c&aacute;c nh&agrave; giao d&#7883;ch v&#7873; kh&#7843; n&#259;ng duy tr&igrave;.
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-what-s-driving-zcash-in-2025">&#272;i&#7873;u g&igrave; th&uacute;c &#273;&#7849;y Zcash trong n&#259;m 2025?</h2>

D&ugrave; v&#7853;y, c&aacute;c chuy&ecirc;n gia cho r&#7857;ng &#273;&#7907;t t&#259;ng gi&aacute; c&#7911;a Zcash &#273;&#432;&#7907;c h&#7895; tr&#7907; b&#7903;i <a href="https://beincrypto.com/learn/how-do-privacy-coins-work" target="_blank" rel="noreferrer noopener">n&#7873;n t&#7843;ng m&#7841;nh m&#7869; h&#417;n l&agrave;</a> s&#7921; &#273;&#7847;u c&#417; thu&#7847;n t&uacute;y. Nh&agrave; ph&acirc;n t&iacute;ch Nansen Jake Kennis n&oacute;i v&#7899;i BeInCrypto r&#7857;ng s&#7921; t&#259;ng v&#7885;t c&#7911;a ti&#7873;n &#273;i&#7879;n t&#7917; l&ecirc;n m&#7913;c cao trong t&aacute;m n&#259;m &#273;&atilde; &#273;&#432;&#7907;c th&uacute;c &#273;&#7849;y b&#7903;i nhi&#7873;u y&#7871;u t&#7889;, bao g&#7891;m s&#7921; gia t&#259;ng <a href="https://vn.beincrypto.com/zcash-privacy-rally-vs-bitcoin/" target="_blank" rel="noreferrer noopener">nh&#7853;n di&#7879;n v&#7873; s&#7921; b&#7843;o m&#7853;t</a> nh&#432; m&#7897;t nhu c&#7847;u thay v&igrave; m&#7897;t t&iacute;nh n&#259;ng.
<blockquote class="max-w-xl text-4.5 border-l-2 border-blue-600 pl-11 mb-9 select-all [&amp;_p]:!mb-0 wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
&ldquo;V&#7873; m&#7863;t k&#7929; thu&#7853;t, ki&#7871;n tr&uacute;c zero-knowledge c&#7911;a Zcash, v&iacute; Zashi cho ph&eacute;p chuy&#7875;n giao &#7849;n danh v&agrave; t&iacute;ch h&#7907;p v&#7899;i Solana &#273;&#7873;u c&#7843;i thi&#7879;n t&iacute;nh s&#7917; d&#7909;ng v&agrave; truy c&#7853;p&hellip; S&#7921; ch&uacute; &yacute; m&#7899;i v&agrave; h&agrave;nh &#273;&#7897;ng gi&aacute; t&iacute;ch c&#7921;c &#273;&atilde; thu h&uacute;t s&#7921; ch&uacute; &yacute; t&#7915; nh&#7919;ng nh&acirc;n v&#7853;t n&#7893;i b&#7853;t nh&#432; Arthur Hayes v&agrave; Barry Silbert. Sau nhi&#7873;u n&#259;m ho&#7841;t &#273;&#7897;ng k&eacute;m, s&#7921; h&#7891;i sinh c&#7911;a ZEC &#273;&atilde; thu h&uacute;t d&ograve;ng v&#7889;n m&#7899;i,&rdquo; &ocirc;ng nh&#7853;n x&eacute;t.
</blockquote>

Nh&agrave; ph&acirc;n t&iacute;ch c&#361;ng b&#7893; sung r&#7857;ng tokenomics t&#432;&#417;ng t&#7921; Bitcoin c&#7911;a Zcash, k&#7871;t h&#7907;p v&#7899;i b&#7843;o m&#7853;t zk-SNARK, &#273;&#7863;t n&oacute; v&agrave;o v&#7883; tr&iacute; nh&#432; <a href="https://vn.beincrypto.com/zcash-vs-bitcoin-privacy-tokenomics-future/" target="_blank" rel="noreferrer noopener">&ldquo;Bitcoin m&atilde; h&oacute;a.&rdquo;</a> C&aacute;c d&#7921; b&aacute;o t&#7915; c&aacute;c chuy&ecirc;n gia th&#7883; tr&#432;&#7901;ng c&#361;ng &#273;&atilde; ti&#7871;p th&ecirc;m &#273;&#7897;ng l&#7921;c t&iacute;ch c&#7921;c. Nhi&#7873;u ng&#432;&#7901;i <a href="https://x.com/cottonxbt/status/1987799205172195555" target="_blank" rel="noreferrer noopener nofollow">tin t&#432;&#7903;ng</a> r&#7857;ng ZEC c&oacute; th&#7875; &#273;&#7841;t 1,000 USD v&agrave;o n&#259;m 2025, d&ugrave; c&oacute; nh&#7919;ng ng&#432;&#7901;i ho&agrave;i nghi d&#7921; &#273;o&aacute;n <a href="https://vn.beincrypto.com/zcash-price-uptrend-whales-volume-backed-rally/" target="_blank" rel="noreferrer noopener">s&#7921; &#273;i&#7873;u ch&#7881;nh gi&aacute; ti&#7873;m n&#259;ng</a>.
<blockquote class="max-w-xl text-4.5 border-l-2 border-blue-600 pl-11 mb-9 select-all [&amp;_p]:!mb-0 wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
&ldquo;B&#7841;n kh&ocirc;ng th&#7875; b&#7887; qua th&#7921;c t&#7871; r&#7857;ng &#273;&acirc;y s&#7869; l&agrave; token nhanh nh&#7845;t &#273;&#7841;t m&#7913;c v&#7889;n h&oacute;a 100 T&#7926; USD. &#272;&#7915;ng b&#7887; qua c&aacute;c &#273;&#7891;ng coin b&#7843;o m&#7853;t,&rdquo; m&#7897;t chuy&ecirc;n gia th&#7883; tr&#432;&#7901;ng <a href="https://x.com/wangbnbwhale/status/1987543683303080215" target="_blank" rel="noreferrer noopener nofollow">d&#7921; &#273;o&aacute;n</a>.
</blockquote>

Khi th&aacute;ng 11 ti&#7871;p t&#7909;c, vi&#7879;c <a href="https://beincrypto.com/learn/buy-zcash" target="_blank" rel="noreferrer noopener">Zcash c&oacute; th&#7875; duy tr&igrave;</a> &#273;&agrave; t&#259;ng m&#7841;nh ho&#7863;c &#273;&#7889;i m&#7863;t v&#7899;i s&#7921; &#273;i&#7873;u ch&#7881;nh m&#7841;nh v&#7851;n c&ograve;n l&agrave; &#273;i&#7873;u kh&ocirc;ng ch&#7855;c ch&#7855;n. Nh&#7919;ng d&#7921; b&aacute;o tr&aacute;i ng&#432;&#7907;c l&agrave;m n&#7893;i b&#7853;t s&#7921; ph&acirc;n chia s&acirc;u s&#7855;c trong t&acirc;m l&yacute; th&#7883; tr&#432;&#7901;ng &mdash; v&agrave; nh&#7919;ng tu&#7847;n t&#7899;i s&#7869; cho th&#7845;y li&#7879;u phe mua hay phe b&aacute;n s&#7869; chi&#7871;m &#432;u th&#7871;.