Monero (XMR) has reclaimed its position as the leading privacy coin by market capitalization, with a trading price close to $460 and approaching its all-time high. Meanwhile, the core development team of Zcash (ZEC) has collectively resigned, casting a shadow over its prospects. The entire Electric Coin Company team resigned en masse following governance disputes, leading to a roughly 15% drop in ZEC price and raising concerns about Zcash's recent development. This change coincides with a16z crypto's prediction that privacy will become a key competitive advantage by 2026.
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Monero (XMR) has reclaimed its position as the leading privacy coin by market capitalization, with a trading price close to $460 and approaching its all-time high. Meanwhile, the core development team of Zcash (ZEC) has collectively resigned, casting a shadow over its prospects. The entire Electric Coin Company team resigned en masse following governance disputes, leading to a roughly 15% drop in ZEC price and raising concerns about Zcash's recent development. This change coincides with a16z crypto's prediction that privacy will become a key competitive advantage by 2026.