#ZCashAnalysis Zcash increased by 9.66% in the last 24 hours, surpassing the overall cryptocurrency market's gain of +2.26%. The main drivers include bullish technical factors, institutional adoption of privacy technologies, and support from large crypto assets.
Technical breakout: the price exceeded critical resistance levels.
Privacy narrative: increasing demand for protected transactions (approximately 30% of the ZEC supply is now private).
Institutional movements: Grayscale's Zcash ETF plans and integration of the NEAR protocol.
