According to CoinMeta, Zcash ( ZEC ) once broke through $1,023 on Friday, entering the top ten cryptocurrencies, with a current market value of nearly $17 billion. The open interest in ZEC futures reached $2.3 billion, with short-term settlements exceeding $34.6 million. In the past 24 hours, ZEC has risen by about 20%, and over the past month, it has increased by approximately 94%. Grayscale converted its Zcash trust into Zcash ETF, further driving up the price of ZEC.