Gemini co-founder Tyler Winklevoss assessed that "the recent market atmosphere surrounding Zcash (ZEC) is similar to the 2019 cryptocurrency market." At that time, the cryptocurrency market had gone through a bear market in 2018, and interest began to revive, centered around Bitcoin. ZEC has shown significant volatility this year, with a notable recent upward trend. According to CoinGecko data, ZEC surpassed $1,000 in September and rose to $1,335.51 on the 16th. Gemini has been supporting ZEC trading and custody since 2018.