Zcash Repositions as ZEC Price Tries to Stabilize

[johnblockbuster]

The leadership upheaval briefly rattled markets, with ZEC falling more than 21% and dipping below $400 before recovering to around $430 following the wallet announcement. Despite the bounce, Zcash remains far below its 2016 all-time high and is still significantly down from its 2025 peak.

Swihart said Zcash has undergone a quiet revival over the past two years and now needs an organizational structure capable of competing with major networks like Bitcoin, Ethereum, and Solana. With more than 3,800 users already signed up for the upcoming wallet, the team appears confident that Zcash’s next chapter is just beginning.

[ed]

zec dropping 20% on org drama then bouncing on a wallet announcement is peak crypto