Zcash Soars: 40% Surge Expected After Institutional Demand Fuels New Bull Run

Zcash (ZEC) is experiencing a remarkable surge in price, currently trading at around $192.32 after a nearly 40% jump over the past day. This rally reflects significant institutional interest, with Grayscale’s Zcash Trust seeing a substantial 340% increase in share prices over the past six months. This trust now holds approximately $66 million worth of ZEC, making it easier for traditional investors to gain exposure to privacy coins without direct handling of wallets and exchanges.