"The management crisis in Zcash shakes the prices."

A worrying period has begun for Zcash (ZEC), one of the pioneers of privacy-focused projects in the cryptocurrency market. Due to a management crisis, the main developer team behind the project, the Electric Coin Company (ECC), has completely resigned from their positions. This situation led to sharp declines in the price of Zcash (ZEC) and caught the attention of investors.

As we enter the year 2026, these unexpected developments have created uncertainties about the future of Zcash. Josh Swihart, the CEO of ECC, stated in a press release that the disagreements with the board of directors have led to a deviation from the company's mission. Swihart indicated that this has made the team unable to function effectively.

In response to this management crisis, the market reacted quickly. According to Binance data, the ZEC price decreased to $408.41 during the day, registering a decline of 16.19% in the last 24 hours. Especially with the increasing uncertainty, it is expected that the selling pressure will continue in the short term.

Furthermore, it should be noted that, in light of Swihart’s statements, the Zcash protocol has not been affected. The ECC team plans to continue operating under a new company structure in line with their current mission. Swihart emphasized that these necessary resignations occurred due to significant changes in the working conditions imposed on the team.

An important point for investors is that the developer team's long-term goals with the new company plans have not changed, and they aim to sustain their vision of being an “unstoppable private currency.” While this process is considered a critical turning point for the Zcash ecosystem, it is important to note that there are developments that investors need to keep monitoring.