Zcash (ZEC) has risen nearly 20% in the last 24 hours, aided by the euphoria surrounding its core protocol's pivotal shift from Proof-of-Work (PoW) to Proof-of-Stake (PoS) (PoS). The ZEC price hit an intraday high of $188.80 on Binance after rising more than 27 percent in two days. The Cryptocurrency's upward movement also erased a large portion of the losses it had suffered earlier this week.