Zcash has been one of the biggest beneficiaries of crypto’s broader market rally. On Wednesday, the privacy-focused asset briefly surpassed $1,600 to reach a new 10-year high. It has gained 88% over the past month, according to CoinGecko data.
The rally coincided with Bitcoin’s brief move above $87,000, a level not seen since January, as the broader crypto market advanced. Solana, XRP and Hyperliquid have also posted notable gains over the past week, but none matched Zcash’s performance: The token rose more than 28% this week alone.
