As per Odaily, Zcash (ZEC) has surged over 10 times in price within two months, reaching $560. The price breakout coincided with a significant increase in on-chain activity, particularly in shielded transactions. The rally is attributed to a combination of macro trends, technical signals, and influential endorsements, including Arthur Hayes' bullish prediction of a $10,000 target. Grayscale's Zcash Trust and technical upgrades have also fueled institutional interest. Zcash's development teams are focusing on scalability and privacy infrastructure, while the broader privacy coin sector is experiencing a resurgence in attention and investment.
Zcash Surges Over 10x in Two Months, Sparking Privacy Narrative Revival
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