Zcash (ZEC) is experiencing a notable increase in value despite a broader cryptocurrency market downturn, outperforming major altcoins such as Ethereum, BNB, and XRP. This surge is attributed to several factors, including heightened demand for privacy coins during market panic and ZEC's strong institutional support. Additionally, ZEC's historical undervaluation and its unique inverse correlation with Bitcoin are contributing to its current performance. Renewed interest in privacy-focused technologies further bolsters ZEC's appeal during this bearish market phase.