According to CoinMeta, Zcash ( ZEC ) has risen by 2564% in the past year, becoming one of the best-performing cryptocurrencies among the top 100 projects by market capitalization. According to CoinGecko data, the price of ZEC has increased by 18.2% in the past 24 hours, 65% in 14 days, and 166.5% in the past month. Despite a significant correction in the overall crypto market on September 16th, ZEC seems to have bucked the trend, possibly due to its privacy features. Growing concerns about government surveillance of finances have prompted many people to turn to privacy coins such as ZEC and Monero ( XMR ). In addition, the recently launched Zcash ETF (exchange-traded fund) by Grayscale may also have boosted investor sentiment. Whether the rise of Zcash can continue depends on the demand for privacy coins and the popularity of ETF.