Zcash (ZEC) has experienced a dramatic price increase, surging over 10 times in the past two months to reach $560. This significant rally has been accompanied by a notable rise in on-chain activity, especially in shielded transactions, highlighting renewed interest in privacy-focused cryptocurrencies. The surge is driven by a mix of macroeconomic trends, technical indicators, and high-profile endorsements, including a bullish forecast from Arthur Hayes, who predicts a potential rise to $10,000. Institutional interest has been bolstered by Grayscale's Zcash Trust and recent technical upgrades. As Zcash's development teams prioritize scalability and privacy enhancements, the broader privacy coin sector is witnessing a revival in both attention and investment.