The fall in Zcash prices did not occur because the network stopped, but rather due to the collapse of market confidence.
After a strong rally driven by increased interest in privacy coins, sentiment turned sharply when news of internal conflict and unclear development direction emerged. This uncertainty triggered profit-taking and short-term panic, causing the price of ZEC to correct in a short period. Amid high volatility in the crypto market, Zcash serves as an example of how governance issues and sentiment can drive prices down, even for projects with technology that is still functioning normally.
After a strong rally driven by increased interest in privacy coins, sentiment turned sharply when news of internal conflict and unclear development direction emerged. This uncertainty triggered profit-taking and short-term panic, causing the price of ZEC to correct in a short period. Amid high volatility in the crypto market, Zcash serves as an example of how governance issues and sentiment can drive prices down, even for projects with technology that is still functioning normally.