Zcash has risen 19 times in the past year, and Grayscale believes its market value is still underestimated

According to Bitcoin.com News, Zcash has risen about 19 times in the past year, with a market value of less than 1 per cent of the sum of bitcoin. As at 29 August, the market value of bitcoin was $1.56 trillion and the market value of Zcash was $13.74 billion. Graysdale calculates that if ZEC reaches 2 per cent, 5 per cent and 10 per cent of the market value of Bitcoin, the corresponding prices are $1622, $4054 and $8109, respectively. On August 25th, Zcash ETF started trading in NYSE Arca with ZCSH code under Grayscale flag. Zcash uses the Workload Certificate and 21 million fixed supplies to support the concealment of transaction details through zero-knowledge certification, with inents technologies that coordinate cross-chain transactions。