Zcash Price Prediction: Can ZEC Reach $500 Amid Growing Privacy Demand?

Zcash (ZEC) is experiencing explosive growth, surging past the $335 mark and exceeding a 400% increase in just one month. This upward momentum stems from a surge in demand for privacy-preserving cryptocurrencies as concerns about government surveillance and data protection intensify. Analysts point to increased shielded transactions, a metric indicating real user engagement, along with renewed interest in Zcash’s utility as a privacy-focused digital asset.