Zcash has experienced a remarkable 699% increase year-to-date, reaching $385.81, driven by growing institutional interest. Raoul Pal, CEO of Real Vision, attributes part of this rally to Grayscale's Zcash ETF filing on November 27, which signals heightened institutional engagement. Despite the impressive gains, Pal advises caution, noting that the recent 37% drop over the past 30 days highlights market volatility and suggests waiting for a more stable base before making investment decisions.