Zcash (ZEC) fell about 26% over seven days (from $432 to $378), cutting roughly $2.1 billion from its market cap (from $8.3B to $6.2B) and leaving ZEC nearly 50% below its 2025 high. The sell-off is attributed to the resignation of Electric Coin Company (ECC) developers and resulting governance uncertainty. Related moves: Cardano’s Midnight (NIGHT) also dropped ~26% and risks falling out of the top 100, while Monero (XMR) gained ~8.3%, returning to the top 25. The shifts cast doubt on the recent privacy-coin rally.

Price dropped 26% and market cap fell ~$2.1B; the article links the decline directly to ECC developer resignations and governance uncertainty. The piece cites comparable moves in privacy-related tokens (NIGHT down ~26%, XMR up ~8.3%), supporting a negative near-term outlook for ZEC and raising market-moving concern for traders.