Zcash has officially hit its highest price in 8 years. ZEC surged 47% to $865, a level it hasn't seen since January 2018, per CoinDesk. In June it crashed to $250 after an AI discovered a critical counterfeiting vulnerability that had been live for four years. It has now rallied 3.4x from that low. The rally accelerated after Grayscale filed to convert its Zcash Trust into the first U.S. spot ZEC ETF, per The Block. ZEC is still roughly 73% below its all-time high of $3,191.(Coin Bureau)