Grayscale Names Zcash Top Contender to Take Bitcoin's Market Share
- —Grayscale's Currencies sector holds about 15 coins worth roughly $1.6 trillion combined, with Bitcoin controlling close to 90%
- —Zcash's market cap has climbed from about $4 billion in March to $24.27 billion, yet remains under 1% of Bitcoin's $1.56 trillion valuation
- —ZEC trades near $1,431 and has risen almost 19-fold over the past year
- —By mid-2026, roughly 90% of Zcash transactions used shielded transfers powered by zk-SNARKs
Why it matters: Grayscale is framing privacy coins for institutional investors: if demand for anonymity grows, Zcash could compete for a slice of Bitcoin's capital.
Source: BeInCrypto