Zcash (ZEC) has experienced a remarkable 150% surge this week, reaching a one-year high of nearly $100. This rally comes as privacy coins gain traction amid growing concerns over financial surveillance and digital IDs. The launch of THORSwap has also contributed to the increased interest in privacy-focused cryptocurrencies. Prominent crypto investor Naval Ravikant recently endorsed Zcash, describing it as 'insurance against Bitcoin,' which has further fueled its price rise. Zcash's use of SNARKs technology, which encrypts transaction data, is seen as a significant advantage in the current regulatory climate, where privacy is becoming a critical issue.