Zcash (ZEC) has experienced a remarkable price surge, skyrocketing 160% in just one week to hit its highest point in three years. This explosive growth coincides with Hyperliquid’s introduction of ZEC perpetual futures, providing traders with up to 5x leverage for both long and short positions. The announcement coincided with a strong increase in interest on exchanges, pushing ZEC’s price from below $60 to nearly $155 within days. Source: CoinMarketCap This surge has been driven by several factors including the growing DeFi ecosystem and increased institutional investment, as evidenced by Grayscale’s recent confirmation of its Zcash Trust for private placement.