**Arthur Hayes Sparks Debate by Claiming Zcash Is Greater Than XRP**
Former BitMex CEO Arthur Hayes recently ignited a wide-ranging discussion in the crypto community after stating that Zcash is greater than XRP. Hayes revealed that he has added more to his Zcash position, generating strong reactions from traders, analysts, and even Bitcoin advocates. His statement came as Zcash trades near key levels that many market participants have closely monitored for weeks.
—
### Privacy Coins vs. XRP: Diverging Paths
Hayes’ comment triggered responses from supporters of privacy coins as well as defenders of XRP. Some users highlighted that privacy coins like Zcash tend to rise in short, volatile waves and often react more swiftly during uncertain market conditions. In contrast, XRP follows a different trajectory, frequently influenced by partnerships with large firms and its focus on planned payments.
One community member noted that the recent breakout in Zcash seems clear and signals strong buyer interest. They argued that the impulse move is convincing because the trend has sustained itself over several days. Others shared market insights, explaining that Zcash moved back above $490 and climbed toward $600 after holding crucial support levels.
Further analysis mentioned that the break above $630 encourages traders to eye a move toward $690, with the possibility of testing $720 should volume remain strong. However, some caution was expressed about mild overbought signals appearing on hourly charts, which might trigger short-term pauses before any further advances.
—
### Fresh Zcash Sell Signal Raises Caution Among Traders
The debate took a new turn when crypto analyst Ali Martinez pointed out that the TD Sequential indicator flashed a sell signal for Zcash. He warned that the last two instances of this signal coincided with Zcash dropping more than 30%, prompting traders to pay close attention to short-term price behavior.
Martinez explained that after several days of price increases and large swings, this sell signal carries significant weight for day traders. One user added that the “9” reading of the TD Sequential often precedes pauses or reversals, emphasizing the importance of monitoring price levels before making new trading decisions.
Market participants remain divided—some consider it too early to predict the outcome, while others exercise increased caution due to Zcash’s past performance following similar signals. Despite the sell warning, many users agree that the recent breakout looks solid, although they acknowledge that the ongoing price rise may need time to consolidate.
—
### Samson Mow Weighs In: Focus on Bitcoin and Lightning Network
Adding another dimension to the discussion, entrepreneur Samson Mow addressed retail users with a tweet advising them to focus on Bitcoin and Lightning Network tools instead of Zcash. He suggested that those seeking an “encrypted Bitcoin” experience can simply purchase Bitcoin on an exchange, opt for a Lightning withdrawal, and transfer it to compatible wallets.
Mow listed several wallet options, noting that this process eliminates the need for Zcash altogether. His comments sparked curiosity and questions from the community. One user asked for clarification on what Zcash is, to which Mow replied, describing it as “Bcash with privacy.”
—
### Broader Conversation: Use Cases, Network Growth, and Privacy
The debate expanded beyond price action, focusing on how cryptocurrencies are used, the growth of their networks, and the role of privacy features in new blockchain tools. Some participants pointed out that Bitcoin developers have had years to enhance payment and privacy capabilities, but haven’t yet reached the level required for widespread adoption.
Others argued that innovative ideas and advanced features are migrating to alternative chains, driven by the preferences of younger users who prioritize functionality and privacy. These exchanges highlight the evolving considerations investors and users must weigh when choosing between crypto assets.
—
### Conclusion
Arthur Hayes’ proclamation that Zcash is greater than XRP has sparked a multifaceted discussion encompassing technical analysis, trading signals, network utility, and privacy concerns. While some remain bullish on Zcash’s short-term trends, others urge caution amid signaling sell indicators. Meanwhile, voices like Samson Mow promote Bitcoin-centric solutions, fueling ongoing debate about the future direction of cryptocurrencies and the role privacy coins will play in the marketplace.
https://bitcoinethereumnews.com/finance/arthur-hayes-triggers-xrp-army-with-zcash-reference-post/
