Zcash near eight-year high of $850 as futures volume approaches $10 billion amid Grayscale ETF push

Zcash surged to nearly $850, marking an eight-year price high, driven partly by Grayscale's push to launch a Zcash ETF. CoinGlass data showed nearly $10 billion in 24-hour futures volume and $1.76 billion in open interest, suggesting derivatives trading dominated the activity.