Market Pressure Mounts as Monero Overtakes Zcash

[cryptoenthusiast]

While Zcash struggles with internal challenges, rival privacy coin Monero has reclaimed its position as the largest privacy-focused cryptocurrency by market capitalization. The shift underscores how quickly sentiment can change when development and governance narratives weaken.

Still, not all investors are backing away. Onchain data shows that large holders quietly accumulated ZEC during the downturn, suggesting some see long-term value despite short-term turbulence. Whether that confidence proves justified will depend on Zcash’s ability to stabilize governance and reignite meaningful development progress.

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zcash feels like it’s at a crossroads, either this stabilizes soon or momentum keeps leaking