The top-performing large-cap cryptocurrency of the year isn’t Bitcoin, but Zcash, which has surged more than 800% as investor interest in privacy-focused tokens took center stage.

ZEC was trading at $506 at publication time, up sharply from roughly $60 in January, according to CoinMarketCap. And the rally has far outpaced major cryptocurrencies of at least $1 billion in market capitalization.

By comparison, Bitcoin (BTC) is down 6.2% year-to-date to $87,637, while Ether (ETH) has fallen 10% to $2,977.

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