• $ZEC As of January 12, 2026, ZEC is trading around $390. It has recently undergone a period of intense volatility, dropping nearly 26% in the first week of January from highs near $511. This sharp decline was triggered by a "governance crisis" involving the resignation of core developers from the Electric Coin Company (ECC).

  • ​The "ECC Split" & Governance: The recent price crash is primarily attributed to internal friction between the ECC (the primary development team) and Bootstrap (the non-profit parent entity). Most of the technical team resigned to form a new for-profit startup called CashZ. While they intend to continue supporting ZCash, the organizational shift has created temporary uncertainty regarding long-term funding and protocol leadership.

  • ​Key Technical Support: The $370 - $380 range is currently serving as a critical support level. While retail sentiment has been shaken, on-chain data shows some "whale" accumulation at these lower levels, suggesting that institutional players may view the current dip as a buying opportunity.

  • ​Future Outlook: The launch of the cashZ wallet in Q1 2026 and potential Layer-2 scalability solutions (like Ztarknet) remain positive catalysts. However, the immediate future depends on the community's ability to resolve governance disputes and effectively distribute the funds currently held in the protocol's "lockbox."

    ZEC
    ZECUSDT
    417.54
    +2.59%

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