Zcash Reaches Seven-Year High Amid Growing Privacy Demand

Zcash has hit a seven-year high, surpassing $548 per token and securing its position as the 22nd largest cryptocurrency by market cap. This surge is fueled by increased demand for privacy technology among institutions and technical advancements made to enhance Zcash’s privacy features. This rise in value draws significant interest from institutional investors, leading to increased liquidity and a ripple effect on related assets.