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Zcash Crashes 17% After Core Teams Quits Amid Internal Clash

By WebDeskJanuary 8, 20262 Mins Read
Zcash Crashes 17% After Core Teams Quits Amid Internal Clash
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Zcash (ZEC) is facing a steep price crash after seeing big gains in late 2025. According to CoinGecko’s ZEC statistics, the privacy-focused cryptocurrency has dipped nearly 17% in the last 24 hours, 21.8% in the last week, 9.3% in the 14-day charts, and 3.3% over the previous month. Despite the massive crash, ZEC’s price is still up by a whopping 682.8% since January 2025. Let’s discuss if the asset can rebound, or if it is done for.

Zcash crash
Source: CoinGecko

ZCash Faces Massive Crash Amid Team Exodus

ZeCZeC
Source: btcmanager

Electric Coin Company (ECC), the core development team behind Zcash’s protocol, resigned on Jan. 7, 2026, following growing internal struggles within the project. ECC CEO, Josh Swihart, accused the governing body of implementing governance changes that made it impossible for the team to work effectively. Given the mass exodus of the core development team, Zcash (ZEC) may see continued price dips as investor sentiment drops. The asset could be in for long winter.

Over the past few weeks, it’s become clear that the majority of Bootstrap board members (a 501(c)(3) nonprofit created to support Zcash by governing the Electric Coin Company), specifically Zaki Manian, Christina Garman, Alan Fairless, and Michelle Lai (ZCAM), have moved into…

— Josh Swihart 🛡 (@jswihart) January 7, 2026

Zcash (ZEC) experienced quite a sharp rally in late 2025. ZEC’s rally came amid a larger spike in prices of privacy-focused coins. Monero (XMR), another privacy-focused cryptocurrency, also followed the trend. However, ZEC’s rally came to a halt after internal struggled came to light. Investors are likely not going to pour funds into the project unless the matter is resolved, or a new team takes charge of the development end.

Also Read: Crypto Market Faces Yet Another Crash: Bear Market Still Strong

Given the larger bearish market environment, it is unlikely that Zcash’s (ZEC) price will rebound anytime soon. Moreover, macroeconomic uncertainties continue to bar investors from risky assets, such as cryptocurrencies. Market participants will most likely continue their risk-averse approach. Cryptocurrencies, especially one with internal struggles, may suffer further price dips over the coming weeks. ZEC’s price seems to have substantial challenges before it could see any positive price action.


Credit: Source link

Previous ArticleBest Crypto Presale of 2026?
Next Article ZEC Price Reacts to ZEC Dev Exit: Strong Trend Meets Governance Shock

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