Grayscale: Zcash Still Undervalued

Grayscale's institutional endorsement of Zcash as undervalued is notable because it frames privacy as a durable value proposition, not a regulatory liability. This could shift how market participants weigh privacy coins against compliance-driven assets, especially given the backdrop of regulatory scrutiny. The key tension is whether such analysis can overcome persistent regulatory overhang or if it merely reinforces existing conviction among privacy advocates. Watch whether other major asset managers echo this stance, as that would signal a broader reassessment of privacy-focused crypto fundamentals.