Zcash ($ZEC ) price remains volatile, recently consolidating above key support near ~$300 amid mixed market sentiment. �
🟡 Exchange ZEC balances have dropped sharply, suggesting increased accumulation and potential rebound interest. �
🟡 A new Gemini crypto credit card now offers ZEC rewards, highlighting growing ecosystem utility. �
🟡 The SEC closed its long-running investigation into the Zcash Foundation without action, boosting regulatory outlook. �
🟡 ZEC faced steep declines amid broader crypto sell-offs, with recent drops over 9% in 24 hours. �
🟡 Core Zcash developers resigned after a governance dispute, causing past price pressure and uncertainty. �
🟡 More ZEC coins have been moved into shielded (privacy) addresses, showing renewed focus on privacy use-cases. �
🟡 Analysts and traders remain split on whether ZEC is building a bullish structure or facing further shakeout. �