While Bitcoin faces challenges with institutional adoption, an old privacy coin makes a surprising comeback. Zcash (ZEC) saw its price jump 900% in just five weeks, reaching a high of $735 on November 7th, marking the highest level in almost eight years. This rapid rise has revived discussions about cryptocurrency privacy and put Zcash at the forefront of market attention. Experts attribute this surge to both expanded decentralized finance (DeFi) applications and increased institutional interest, leading to massive liquidations of short positions. The resulting price surge brings Zcash into the top three most liquidated assets in the day. Despite its recent gains, ZEC remains significantly below its all-time high, hovering around 79% lower than it was back in 2016. However, Zcash’s resurgence presents a compelling alternative to Bitcoin for those seeking privacy and decentralization. This is especially true given the concerns surrounding Bitcoin’s potential integration into mainstream financial markets.