Zcash (ZEC) Leads the Privacy Coin Rally With 150% Weekly Surge
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Zcash (ZEC) has emerged as the star of the privacy coin boom, skyrocketing over 150% in the past week and reaching its highest price in three years.
The rally was fueled by Grayscale’s launch of a Zcash Trust, which gives accredited investors exposure to ZEC without directly holding the token. At the time of writing, Zcash traded at $146.65, up 0.9% on the day, with a 247% return over the past month.
Meanwhile, Monero (XMR) — the sector leader with a $6.1 billion market cap — gained nearly 14% this week, still outperforming the broader crypto market.