Zcash (ZEC) soared more than 400% over the past month, climbing above $700 before easing to $548 amid a rally in privacy-focused cryptocurrencies.
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BitMEX co-founder Arthur Hayes has revealed that Zcash (
Zcash’s comeback driven by grassroots privacy movement
Zcash Foundation executive director Alex Bornstein said the recent resurgence of Zcash has been entirely organic, fueled by rising public concern over government surveillance and data control. Speaking on Cointelegraph’s Chain Reaction show, Bornstein noted that the renewed interest reflects a “powerful narrative” around digital privacy and financial autonomy.
Bornstein clarified that the Zcash Foundation, a US-registered nonprofit, had “absolutely nothing to do” with the wave of renewed attention surrounding ZEC. “We were surprised to see when these mentions started popping up. Then to see that kind of wave just start to spread and then crest was extraordinary,” he said.
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Author: Amin Haqshanas
