Zcash (CRYPTO: ZEC) gained 22% over the last week after Grayscale offered a Zcash investment product for roughly nine years, citing privacy as a key part of its investment thesis. The asset manager also gave the green light to add Bitcoin (CRYPTO: BTC) to investor portfolios

Glassnode data reinforced that thesis, showing how privacy coins such as Zcash have emerged as one of crypto’s standout trades.

Hyperliquid (NASDAQ:PURR) added 11% in weekly gains as SEC approved the Innovation Exemption, a temporary order allowing tokenized stock trading on-chain for the first time.

The order requires trading on public, permissionless blockchains using auditable smart contracts, closely aligning with HYPE’s on-chain DEX model.

Crypto analyst Kevin…