Zcash vs Bitcoin: Grayscale Sees Room for ZEC to Gain Market Share
- Bitcoin dominates 93% of the Currencies sector by total market capitalization.
- Grayscale highlights privacy, quantum security and intents as Zcash advantages.
- Grayscale models ZEC at $1,622 with a 2% BTC share and $8,109 at 10%.
Grayscale Research highlighted Zcash’s privacy and wallet capabilities, while noting that Bitcoin accounts for 93% of the Currencies sector by market capitalization. Head of Research Zach Pandl identified three features Zcash offers that Bitcoin lacks and modeled how a larger share of Bitcoin’s market value could affect ZEC’s price.
Zcash vs Bitcoin Market Share Gap Remains Wide
Bitcoin remains the dominant asset in Grayscale’s Currencies sector. According to the firm’s Crypto Sectors framework, BTC accounts for 93% by market capitalization. Pandl noted that earlier competing currencies, including Litecoin, never developed in…
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