February 11 News, Privacy cryptocurrency Zcash (ZEC) continues to weaken amid rising market risk aversion, with this month’s decline exceeding 25%. In January, ZEC plummeted over 41%, continuing a downward trend since 2026. As of press time, ZEC is priced at approximately $227.22, down another 4.29% in the past 24 hours.
Looking back at its performance, ZEC surged over 440% in October 2025 against the trend, becoming one of the few strong assets at that time. Despite volatile swings in November and December, it ultimately closed slightly higher. However, after entering 2026, global risk assets came under pressure, coupled with rumors of Electric Coin Company (ECC) parting ways with Bootstrap, which significantly cooled market sentiment and led to persistent selling pressure on ZEC.
Notably, while the price has weakened, on-chain data presents a different picture. After a brief dip in early January, holdings in the shielded pool have rebounded. Currently, over 5 million ZEC are stored in shielded addresses, accounting for about 30% of circulating supply. Analysts point out that this indicates genuine user activity with privacy transfers still occurring daily. Even if these transactions are not purely speculative, they demonstrate real demand for privacy features.
Signals from the miners also reflect this trend. In early February, Zcash mining difficulty hit a record high, indicating continuous growth in total network hash rate and enhanced network security. Although higher difficulty compresses individual miner rewards, the influx of hash power suggests some miners still see long-term profitability, possibly driven by lower electricity costs, scaled operations, or expectations of future price recovery.
In contrast to falling prices and strengthening network metrics, ZEC exhibits a structural divergence: solid fundamentals paired with weak market sentiment. For investors focused on the privacy sector and miner behavior, Zcash’s next move may depend on macroeconomic conditions and shifts in risk appetite within the crypto market.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin Short-Term Holders Discount Narrows to -5.7%, SOPR Signals Recovery
Gate News message, April 24 — Bitcoin short-term holders (STH) are showing signs of recovery as their discount narrowed from -21.6% to -5.7%, according to on-chain analyst Axel Adler Jr. The STH-SOPR (Spent Output Profit Ratio) 7-day moving average has climbed back above 1.0, indicating that short-t
GateNews1h ago
ARK Invest Report: Bitcoin confident buyers increased their holdings by 69%, and the bottom range hasn’t been tested yet
According to the Q1 2026 Bitcoin Quarterly Report released by ARK Invest on April 24, the holdings of Bitcoin “confidence buyers” increased from 2.13 million BTC to 3.60 million BTC, up 69% quarter-over-quarter. ARK Invest said that the key support range for the cyclical bottom as defined by the firm ($54,000 to $50,000) was not tested by the end of the first quarter.
MarketWhisper1h ago
XRP Price Eyes Final Resistance at $1.53 — Breakdown Risk Toward $0.87 Looms
XRP approaches $1.53 resistance as Wave E nears completion
$1.39 support must hold to maintain bullish structure
Rejection could push XRP down toward $1.09 to $0.87
Ripple’s XRP has reached a decisive moment that traders cannot ignore. Price action now approaches a critical resistance
CryptoNewsLand1h ago
Bitcoin Stalls at $77.8K Amid Japan Inflation Surge and Iran War Tensions
Gate News message, April 24 — Crypto markets weakened on Friday as Bitcoin hovered near $77,800 and Ethereum fell to $2,300 with a 24-hour decline of 0.8%. The uptrend that began Wednesday from $65,000 has visibly slowed, with Ethereum underperforming Bitcoin.
Market pressure stems from Japan's Mar
GateNews4h ago
Gate Daily Report (April 24): US Treasury sanctions Cambodian crypto “pig butchering” scams; Tether mints an additional 1 billion USDT
Bitcoin (BTC) rebound momentum is weakening, with a temporary quote around $78,030 as of April 24. The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) sanctioned a Cambodian politician linked to a crypto “pig butchering” scam center. Tether issued another 1 billion USDT on the Ethereum network; over the past 5 days, it has issued a total of 3 billion USDT on the Ethereum network.
MarketWhisper5h ago
Trump ordered the sinking of ships in the Strait of Hormuz, and Bitcoin’s rebound momentum weakened to 78k
U.S. President Donald Trump posted on Truth Social on April 24, announcing that the ceasefire agreement between Israel and Lebanon will be extended by three weeks. On the same day, he also ordered the U.S. Navy to “sink any vessel currently laying mines in the Strait of Hormuz,” and instructed the military to carry out mine-clearing operations with “three times the force.” Brent crude spot prices have returned above $100, and Bitcoin is trading near $78,000 under pressure and consolidating.
MarketWhisper6h ago
