Grayscale: Zcash Remains Undervalued with Potential to Challenge Bitcoin

Grayscale Research suggests that Zcash (ZEC) could pose a significant challenge to Bitcoin's network effects due to its focus on financial privacy, resilience against quantum computing, and cross-chain capabilities via intent-based technology. Despite a 19-fold increase over the past year, ZEC's market cap remains under 1% of Bitcoin's. Grayscale argues that Zcash's features are increasingly relevant in an era of AI-driven surveillance, though it warns that Zcash remains a high-risk investment and any potential market share growth will not follow a linear p