Bankless co-founder: ZEC mirrors 2021 ETH as Bitcoin capital rotates into privacy and quantum-resistant narratives
- —Hoffman compared ZEC in 2026 to ETH in 2021 as a destination for BTC capital
- —ZEC's rally is driven by spillover from Bitcoin wealth, not fresh money
- —NEAR is absorbing weaker smart-contract demand in 2026, he said
- —Hoffman sees BTC and ETH as unlikely to deliver another 10x
Why it matters: The rotation thesis explains ZEC's privacy and quantum-resistance rally but signals limited new capital entering the broader crypto market.
Source: PANews