🚨 ZCASH IN TURMOIL — Dev Exodus Sends Price Sliding!
Zcash (ZEC), once one of 2025’s standout privacy coins, is facing major headwinds in early 2026:
The entire Electric Coin Company (ECC) core dev team resigned after a governance dispute with the Bootstrap board — and markets reacted FAST.
📉 Price Impact
• ZEC plunged as much as ~20% in a single session, wiping out ~$1.6B+ in market cap as developers exited.
• Bears are pushing price lower amid uncertainty and slowing on-chain development activity.
👀 What’s Happening Behind the Scenes
• Departing devs plan to form a new company focused on privacy tech and have launched a spin-off wallet project called CashZ.
• The Zcash Foundation says the network remains independent and resilient, stressing no single party controls the protocol.
📊 Broader Context
• ZEC’s dramatic rally in late 2025 made it one of privacy’s biggest performers — but 2026 starts with volatility and uncertainty as narratives shift.
• Competitor privacy coins like Monero are catching investor attention as governance questions linger for ZEC.
💡 Why This Matters
Governance disputes can shake confidence even in established protocols. For Zcash holders and privacy-coin traders, watch price structure, whale accumulation, and development momentum going forward.
