$ZEC is making a serious comeback.

Zcash surged 47% to $865, reaching its highest level since 2018.

From its June low near $250, ZEC is now up more than 3x.

The rally gained momentum after Grayscale filed to convert its Zcash Trust into a U.S. spot ZEC ETF.

Still, $ZEC remains about 73% below its $3,191 all-time high.

Zcash is back on the radar. 👀