Grayscale Research Head Zach Pandl analyzed that Zcash (ZEC), which rose from about $60 to $1500 over the past year, has room to further expand its market share. He explained, "A year ago, ZEC's market capitalization was less than 0.1% of BTC's, but it has now risen to about 1.5%. In 2017-2018, XRP, BCH, LTC, and DASH each rose to more than 3% of BTC's market cap. If the demand for privacy protection technology continues to grow and Zcash maintains a competitive edge in this area, I believe its market share could increase further."
