Zcash Soars 244% in October, Driven by Privacy Coin Demand

Zcash (ZEC) experienced a dramatic price surge of over 244% in October 2025. This surge is attributed to growing demand for privacy coins and the increasing involvement of institutions. Key players like Grayscale, a prominent asset manager, have contributed to this rise. The surge has also pushed Zcash’s market capitalization past $3.8 billion, surpassing other major cryptocurrencies in trading activity and derivatives volume.