Zcash surges over 6,300% from 2024 lows as first US spot ETF fuels institutional frenzy

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The privacy coin climbed from roughly $16 to above $1,000, briefly overtaking Dogecoin by market cap after Grayscale's spot ZEC ETF launched in August.

Zcash just pulled off one of the most violent comebacks in crypto history. The privacy-focused token, which was languishing around $16 during its 2024 lows, blasted past $1,000 in early September 2026, a gain exceeding 6,300% that pushed its market capitalization to nearly $17B.

Zcash surges over 6,300% from 2024 lows as first US spot ETF fuels institutional frenzy

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