ZEC Development Activity Hits 2021 Lows Amid Internal Split 📉
This is not just price action; the fundamentals for
$ZEC are crumbling fast. Developer activity has plummeted to levels unseen since late 2021, pushing the price back below $400 after weeks of struggle. Historically, sustained altcoin health requires constant building, but
$ZEC is showing stagnation. The real red flag is the internal fracture: key developers have left Electric Coin Company to build a competing privacy wallet, cashZ, directly challenging Zcash’s core privacy focus, Zashi. This signals a deep rift in vision and talent drain, which is toxic in the already pressured privacy coin sector. Without immediate, tangible development revival or adoption proof,
$ZEC risks being completely sidelined by the market as on-chain metrics clearly indicate.
#CryptoAnalysis #ZEC #AltcoinWat #DevMetrics 🛑