Grayscale: Zcash market cap climbs to 1.5% of Bitcoin's over the past year
- —ZEC's market cap rose from 0.1% to 1.5% of BTC's in a year
- —Grayscale ties the growth to sustained privacy demand
- —The firm sees potential for further Zcash growth
Why it matters: The rising share of ZEC points to renewed interest in privacy assets, which could support its price.
Source: Bloomingbit
More on this
Markets · Sep 23Zcash tops $1,600 as Grayscale ETF sees $32.8M inflow and shielded activity hits 4-year high
Markets · Sep 14Grayscale: Zcash mining is more profitable than bitcoin per unit of energy
Markets · Sep 22Privacy coin market cap jumps 5x in a year to $30B, Zcash accounts for $20B