Zcash Soars Past Monero as Top Privacy Coin

Zcash surged to its highest level since 2016, breaking past the $4,500 mark and overtaking Monero as the top privacy-focused cryptocurrency. This surge is driven by investors seeking anonymity and data protection amid a market downturn. Zcash’s growth comes as other crypto assets struggle in the face of uncertainty surrounding regulation. The token’s recent performance has highlighted renewed interest in privacy coins, despite regulatory concerns about illicit finance.