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Zcash nears 1% of Bitcoin's market cap as institutional interest rises, fueled by regulatory clearance and Grayscale inflows.

Market News
03 Jun 2026
UToday
View Source
Bullish
pluang ai news

Barry Silbert, founder of Digital Currency Group, renewed his prediction that Zcash (ZEC) should reach at least 1% of Bitcoin's market capitalization. Currently, Zcash's market cap is about 0.74% of Bitcoin's, valued near $9.91 billion, needing a 35.55% increase to hit the 1% target of $13.43 billion. This growth is supported by the U.S. SEC closing its investigation into Zcash without charges, removing its 'high-risk' label, and by rising institutional investments through Grayscale's Zcash Trust. These factors suggest strong potential for Zcash to follow a growth path similar to Bitcoin's early years.

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