[ZEC Market Cap Ratio to Bitcoin Market Cap Rises to Approximately 1.5%, Grayscale Says Room for Market Share Expansion Remains] Odaily Planet Daily News – Grayscale's Head of Research, Zach Pandl, posted on the X platform stating that over the past year, the price of ZEC has risen from around $60 to approximately $1,500, but Grayscale believes it has not yet reached its valuation ceiling. The ratio of ZEC's market cap to Bitcoin's market cap has increased from less than 0.1% a year ago to about 1.5%. Grayscale anticipates that demand for privacy protection technology will continue to grow, and if Zcash continues to offer privacy features superior to other cryptocurrencies, there is still room to further expand its market share.