Zcash Outperforms Bitcoin with Over 120% Gains This Year

Zcash (ZEC) has surged more than 120% year-to-date, outperforming Bitcoin (BTC) despite broader market downturns. According to Bloomberg, the rally is driven by its 'shielded address' feature, which balances privacy with regulatory compliance, alongside support from figures like Naval Ravikant and the Winklevoss-backed Cypherpunk Technologies. Additional market momentum stems from ZCAT meme coin rewards and the launch of the first Zcash (ZEC) ETF by Grayscale (Grayscale) in the U.S.