Zcash Rally Is About More Than Privacy, Mert Mumtaz Says
- —Zcash gained about 32% on the week, hitting a high of $1,595, its best since 2016
- —Grayscale's spot Zcash ETF (ZCSH) has pulled in $233 million in inflows
- —Mumtaz: if privacy were the only driver, Monero would be rallying just as hard
- —Zcash's next upgrade targets faster blocks and full quantum resistance
Why it matters: ETF inflows and privacy demand are fueling Zcash, but rivals can copy privacy, which could erode its edge.
Source: Unchained