Zcash (ZEC) has experienced a remarkable 250% surge in recent weeks, climbing to $173. This significant price increase is attributed to growing institutional interest and endorsements from high-profile figures. Grayscale's launch of a ZEC trust has fueled speculation about a potential ETF filing, drawing attention from larger investors.
The cryptocurrency's privacy-focused features have also played a crucial role in its recent rally, as demand for financial privacy continues to rise. Despite the bullish outlook, with some analysts predicting ZEC could reach $350 by 2025, the market remains volatile, posing risks to investors.
Zcash (ZEC) Soars 250% on Institutional Interest and Privacy Demand
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