Zcash (ZEC), the second biggest privacy-centric cryptocurrency, is amid the worst performers this week. Zcash’s (ZEC) price lost almost 26% in seven days, plummeting from $432 to $378. As of today, ZEC is almost 50% below its 2025 high. In terms of capitalization, the market cap of Zcash (ZEC) — which is equal to FDV of the coin as all ZEC in circulation are released — dropped from $8.3 to $6.2 billion, losing over $2 billion in equivalent in just seven days.
As covered by U.Today previously, Zcash’s (ZEC) collapse should be attributed to the resignation of the developers behind Electric Coin Company (ECC), its core protocol contributor. ZCASH (ZEC) PRICE ERASED 26% IN JUST A WEEK, CARDANO’S MIDNIGHT (NIGHT) ALSO BLEEDING. Midnight Network’s (NIGHT) price is down by 26%. NIGHT dropped from $0.09 to $0.068, with the asset’s capitalization targeting $1.1 billion.
NIGHT is on the verge of losing its place in the top 100. Zcash (ZEC) lost almost 26% in seven days, sliding from $432 to $378, as the Electric Coin Company (ECC) ceased protocol development. This week was devastating for Zcash, the second-largest privacy-centric cryptocurrency.
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