![\"Zcash](\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/09\/zcash-price-1.png\")
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- Zcash (ZEC) has staged a notable intraday recovery in the volatile world of privacy-focused cryptocurrencies.<\/li>\n
- The token pumped following a sharp sell-off triggered by governance uncertainties at the Electric Coin Company (ECC).<\/li>\n
- ZEC price has rebounded more than 10% in the last 24 hours, up from lows of $396.<\/li>\n<\/ul>\n
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.<\/p>\n
Zcash (ZEC)\u00a0 traded around $436 at the time of writing, posting a double-digit recovery after the token dipped to around $396 amid negative ecosystem developments.<\/p>\n
Why did Zcash price dump?<\/h2>\n
Notably, the recent price action follows the sharp sell-off triggered by internal governance challenges within the Zcash ecosystem.<\/p>\n
On January 7, 2026, the development team from the Electric Coin Company (ECC), the primary entity historically responsible for Zcash\u2019s core development, announced mass resignations. The split impacted the ZEC price.<\/p>\n
The departure stemmed from a misalignment with the Bootstrap nonprofit board.<\/p>\n
Developers cited concerns over shifts away from the project\u2019s original privacy mission as a reason.<\/p>\n
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.<\/p>\n
Zcash price recovers 10%, can bulls go higher?<\/h2>\n
News around Zcash prompted panic selling, driving ZEC to an intraday low near $389 on Thursday.<\/p>\n
Losses helped wipe out a significant portion of the privacy coin\u2019s market value, with bulls under threat as bears threatened the psychologically important $400 level.<\/p>\n
![\"Zcash](\"https:\/\/coinjournal.net\/wp-content\/uploads\/2026\/01\/zcash-zec-chart.png\")
Zcash price chart by CoinMarketCap<\/figcaption><\/figure>\n According to data from Coinglass, uncertainty saw more traders lean bearish.<\/p>\n
However, buyers have quickly stepped in, absorbing the selling pressure.<\/p>\n
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.<\/p>\n
This double-digit recovery highlights the bulls\u2019 resilience as fresh demand emerges for the privacy coin.<\/p>\n
Significantly, the Zcash Foundation has emphasized that the protocol remains decentralized, open-source, and unaffected by the organizational changes.<\/p>\n
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In light of recent developments @ElectricCoinCo<\/a>, Zcash Foundation would like to reaffirm several key facts about the Zcash network and our enduring role in the ecosystem.<\/p>\n