Zcash (ZEC) extended its recent advance, gaining 45% over the past week and reaching its highest price level since 2016, according to Cointelegraph. The move lifted Zcash’s market capitalization above $20 billion. The rally has continued since Grayscale converted its Zcash Trust into an exchange-traded fund. The ETF began trading on Aug. 25, providing a recent market milestone for the privacy-focused cryptocurrency. ZEC is among the crypto assets tracked in this market update, alongside CAP, ALE and RAY. The latest advance marks a sharp increase in Zcash’s market value over a relatively short period, with the token’s weekly gain extending the upward move that followed the ETF’s launch. Cointelegraph reported the price and market-cap milestones on Sept. 7, 2026.
