On Aug 22, 2026, Zcash (ZEC) rose about 48% to trade above $800, its highest level since 2016. The move took the token back above its January 2018 peak zone. The driver cited was a Grayscale filing showing fresh progress toward converting its Zcash Trust into a spot ETF, which added to a 'next bitcoin' narrative. ZEC futures volume reached billions of dollars in that session.
CoinDesk