Grayscale Highlights Zcash's Potential Amid AI Surveillance Concerns

Grayscale has identified Zcash as potentially undervalued, citing the increasing importance of financial privacy in the face of AI surveillance. According to NS3.AI, Zcash currently represents approximately 0.3% of the $1.6 trillion cryptocurrency market. Analyst Michael Zhao noted that shielded transactions now constitute the majority of Zcash's activity. Additionally, there is new capital being directed towards the development of wallets and mining for Zcash.