As Zcash (ZEC) continues its surge, breaking past $900, Grayscale analyzed that "ZEC is rising due to its scarcity, similar to Bitcoin, and increasing demand for digital privacy." Grayscale previously cited ZEC's strengths as its Proof-of-Work (PoW) consensus mechanism, a supply limit of 21 million units, and its provision of optional privacy features. ZEC is currently trading at $947.13, up 16.82% according to CoinMarketCap.
