Zcash (ZEC) surged 12% in early Asian trading on Friday, driven by increased interest in the ZEC treasury. The cryptocurrency's weekly gains approached 25%, highlighting its growing appeal among altcoins. On-chain data indicated heightened activity in the ZEC treasury, coinciding with Cypherpunk Technologies' (CYPH) strategic moves. Cypherpunk Technologies recently appointed Zcash co-founder Zooko Wilcox, further boosting market confidence. The company utilized $50 million from a recent $58.8 million funding round to acquire 203,775 ZEC, contributing to the cryptocurrency's upward momentum. CYPH shares also saw a 9.7% increase on Thursday, reflecting positive investor sentiment.