Zcash briefly climbed above $1,000 as renewed demand lifted its market value to $16.5 billion and placed it tenth among crypto assets by market capitalization. ZEC traded around $979, up 13.8% over 24 hours, while volume rose 173% to $1.62 billion. The token reached $1,027.80 before retreating to roughly $980, suggesting some holders sold after the milestone was crossed. Zcash has recovered from below $500 in August, rising through $800 before reaching $1,000 for the first time, alongside a broader recovery in the crypto market. A daily momentum reading of 78.33 points to heavy buying and the potential for wider price swings as early buyers take profits. A sustained move above $1,028 would support the case for continued demand, while roughly $900 is identified as an area where buyers could return if the pullback persists.