Zcash Price Rebounds Nearly 10% Amid Governance Uncertainty
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: 10h ago- Price Rebound: Zcash's price has rebounded nearly 10% in the past 24 hours, currently trading around $411; however, market confidence remains weak due to heavy selling linked to internal project issues.
- Whale Buying Support: Following the sharp decline, large holders increased their Zcash holdings by approximately 24% over the past week, with the top 100 addresses raising their share to nearly 46%, which helped stabilize the price near $400.
- Governance Crisis Impact: The recent price drop began in January 2026 when the entire core team at Electric Coin Company resigned, leading to heightened market concerns about future upgrades and decisions, causing a more than 20% price decline in a short period.
- Critical Support Zone: Zcash is currently fluctuating between $396 and $496; if the price falls below $399, it could trigger increased selling pressure, while closing above $496 would help restore market confidence.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
