Grayscale: Zcash Remains Undervalued with Potential for Significant Growth

Grayscale Research Managing Director Zach Pandl stated that Zcash (ZEC) remains undervalued despite a 19-fold increase over the past year. Driven by financial privacy, cybersecurity developments, and cross-chain capabilities, ZEC could continue to gain market share. As of August 29, Zcash's market capitalization was approximately $13.74 billion, representing about 0.88% of Bitcoin's $1.56 trillion valuation. Grayscale projects that if ZEC reaches 2%, 5%, or 10% of Bitcoin's market cap within five years, its price could theoretically hit $1,622, $4,054, and