Grayscale stated that Zcash (ZEC) still has growth potential: if its market capitalization reaches 2%, 5%, and 10% of Bitcoin (BTC), the scenario prices would be approximately $1622, $4054, and $8109, respectively, according to a Grayscale analytical report. These calculations are scenario-based and do not represent a price forecast.

ZEC Market Cap Still Below 1% of BTC

Despite strong growth in ZEC over the past year, the coin's market capitalization remains below 1% of BTC's market cap.

Drivers: Privacy, Quantum Security, and NEAR Intents Integrations

According to Grayscale, Zcash's potential may be supported by demand for private transactions, network preparation for quantum computing threats, and integrations with other blockchains through NEAR Intents.