Grayscale just laid out one of the strongest $ZEC bull cases yet.
AI is making financial surveillance more powerful, while demand for privacy is becoming harder to ignore.
Around 90% of Zcash transactions are already shielded, with roughly 25% of circulating ZEC sitting in shielded pools.
Yet ZEC still represents just 0.6% of the digital currency market.
Grayscale says if Zcash captured just 5% of that market, its value could be roughly 9x higher.
The market is still pricing privacy like a niche. If that changes, $ZEC could be one of the biggest repricing stories in crypto.