Zcash Market Cap Grows to 1.5% of Bitcoin's, Says Grayscale Research
Grayscale Research reports that Zcash's market cap has grown from less than 0.1% to around 1.5% of Bitcoin's market cap over the past year, citing growing demand for financial privacy as a potential driver.
By T. Noe · ZecZcash News Team
1 min read
Grayscale Research has highlighted a significant relative market cap gain for Zcash against Bitcoin. Over the past year, Zcash's market cap has grown from less than 0.1% of Bitcoin's to around 1.5% of Bitcoin's market cap.
Grayscale points to growing demand for financial privacy as a potential driver for further Zcash adoption.
Key Facts
- Previous ratio
- Less than 0.1% of Bitcoin's market cap
- Current ratio
- Around 1.5% of Bitcoin's market cap
- Time period
- Past year