adminIn recent developments, zcash (ZEC) has staged a notable intraday recovery in the volatile world of privacy-focused cryptocurrencies. The token pumped following a sharp sell-off triggered by governance uncertainties at the Electric Coin Company (ECC). ZEC price has rebounded more than 10% in the last 24 hours, up from lows of $396. The price of Zcash (ZEC), the privacy-focused cryptocurrency that staged a notable surge in 2025, has rebounded from its latest dip under $400 with an impressive 10% uptick in the past 24 hours. Zcash (ZEC) traded around $436 at the time of writing, posting a double-digit recovery after the token dipped to around $396 amid negative ecosystem developments. Why did Zcash price dump? Notably, the recent price action follows the sharp sell-off triggered by internal governance challenges within the Zcash ecosystem. On January 7, 2026, the development team from the Electric Coin Company (ECC), the primary entity historically responsible for Zcash’s core development, announced mass resignations. The split impacted the ZEC price. The departure stemmed from a misalignment with the Bootstrap nonprofit board. Developers cited concerns over shifts away from the project’s original privacy mission as a reason. But despite the lingering jitters of what turmoil for Zcash developer Electric Coin Company could mean for the privacy coin, the swift reversal suggests investor interest remains high. Zcash price recovers 10%, can bulls go higher? News around Zcash prompted panic selling, driving ZEC to an intraday low near $389 on Thursday. Losses helped wipe out a significant portion of the privacy coin’s market value, with bulls under threat as bears threatened the psychologically important $400 level. Zcash price chart by CoinMarketCap According to data from Coinglass, uncertainty saw more traders lean bearish. However, buyers have quickly stepped in, absorbing the selling pressure. The movement has seen 24-hour liquidations increase to over $7.95 million. Among these, over $6.20 are in short positions, while over $1.75 are long positions. This double-digit recovery highlights the bulls’ resilience as fresh demand emerges for the privacy coin. Significantly, the Zcash Foundation has emphasized that the protocol remains decentralized, open-source, and unaffected by the organizational changes. In light of recent developments @ElectricCoinCo, Zcash Foundation would like to reaffirm several key facts about the Zcash network and our enduring role in the ecosystem. — Zcash Foundation 🛡️ (@ZcashFoundation) January 8, 2026 The developer split, while disruptive in the short term, has not crashed Zcash bulls. “We recognize that moments of transition within the ecosystem can create uncertainty. However, at moments like this it is important to understand this distinction: distinguish between organizational shifts and the health of the network. The Zcash network is fundamentally independent of any single organization, board or corporate entity,” the foundation noted via X. Given the outlook, could the ZEC price edge higher? Short-term, the key for bulls would be to stay above $400. A close above $450 and a retest of $500 will be a huge step. If not, a reset to the support around $313 is possible, and near-term reload zones will be at $220. The post Zcash price rebounds 10% after dip below $400 amid developer turmoil appeared first on CoinJournal.
Looking closer, market participants highlight key drivers such as liquidity flows, macro risk appetite, regulatory headlines, and on-chain activity. Short-term swings often reflect liquidation cascades and funding imbalances, while spot volumes and exchange inflows set the broader tone.
Analysis: The medium-term picture hinges on whether buyers can sustain momentum without excessive leverage. If flows continue favoring majors like BTC and ETH, altcoins could experience a staggered rotation instead of a broad-based rally. Meanwhile, policy clarity in key jurisdictions remains a decisive catalyst; clearer rules typically compress risk premia and attract institutional allocations. Beyond price action, on-chain metrics such as active addresses, fees, and stablecoin velocity help validate trend strength.
Outlook: Over the next few weeks, observers will watch price acceptance above recent resistance, derivatives positioning, and ETF-related flows. A constructive setup would feature rising spot demand, contained leverage, and improving breadth across sectors such as DeFi, infrastructure, and Layer-2 ecosystems.
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