The market value of the privacy coin sector increased by $24.54 billion in 5 months, with ZEC and XMR leading the growth

The market value of the privacy coin sector has increased from 11.97 billion US dollars to 36.51 billion US dollars in the past five months, an increase of 24.54 billion US dollars. Among them, the market value of Zcash (ZEC) increased by $20.27 billion, and Monero (XMR) increased by $4.33 billion. In January, the US Securities and Exchange Commission (SEC) concluded its investigation into the Zcash Foundation. On August 25th, Grayscale converted Zcash Trust into ZCSH spot ETF and listed it on NYSE Arca. On September 8th, Digital Currency Group (DCG) exchanged approximately $100 million in ZCSH ETF shares for ZEC. During the same period, ZEC prices rose from $319 to $1507, and XMR prices rose from $330 to $555. (Source: Bitcoin.com News)