Foreign media reports that DCG founder Barry Silbert has reiterated his previous assessment of Zcash, stating that this privacy coin project should have a market capitalization of at least 1% of Bitcoin. This statement has reignited discussion, given ZEC's recent outperformance compared to most altcoins.

Silbert reiterates the "1%" judgment

Barry Silbert recently posted on the X platform, first jokingly mentioning whether Zcash's target was 1% or 10% of Bitcoin's market capitalization, and then clarifying that he still considers 1% as the basic target, with the long-term upside potential potentially higher.

According to the data cited in the article, Bitcoin was trading at approximately $67,006.34 at the time, with a total market capitalization of about $1.34 trillion. During the same period, Zcash rose 4.2% in 24 hours, reaching a price of $592.91, with a market capitalization approaching $9.91 billion.

Based on this calculation, Zcash's market capitalization is approximately 0.74% of Bitcoin's, approaching the 1% level mentioned by Silbert.

The conclusion of the regulatory investigation provides support.

The report suggests that this round of discussion is not solely driven by market sentiment. One more direct contributing factor is the conclusion of a two-year investigation by US regulators into the Zcash Foundation, without bringing any charges.

This development has been interpreted by the market as a sign that regulatory pressure surrounding Zcash has eased, weakening its previously high-risk label. For privacy coins, such regulatory signals often directly impact trading platforms, institutional funding, and market pricing.

The inflow of funds into grayscale products has attracted attention.

Another catalyst mentioned comes from Grayscale. The report points out that Grayscale Investments, the asset management arm of DCG controlled by Barry Silbert, is advancing preparations for converting its related funds into spot ETFs.

Against this backdrop, institutional inflows into Grayscale Zcash Trust have reportedly accelerated significantly. The market has therefore linked regulatory progress with productization expectations, believing this provides additional support for ZEC's counter-trend strength.

However, the judgments in the article are mainly based on Silbert's personal statements and foreign media analysis. Based on current data, the market capitalization gap between Zcash and Bitcoin remains significant, but its recent performance and investor attention have shown signs of improvement.