Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
ZEC is currently facing a serious governance crisis. The collective resignation of the core development team has directly impacted the project's technical maintenance capabilities—this is a fatal blow for a project known for its privacy technology.
The codebase maintenance has come to a halt, and the ecological foundation is shaking as a result. While the open-source community may see new maintainers emerge, this will take time. In the short term, a disruption in technological iteration and a decline in holder confidence are almost inevitable outcomes. Market reactions are also straightforward—obvious selling pressure, with significant price corrections.
For holders, don't expect any reversal in the current phase. The real task is to calmly assess whether ZEC can complete a self-restructuring amid this crisis. Until a new governance framework and technical roadmap are officially released, market sentiment will remain cautious. Even if there is a rebound, it is likely to be suppressed by heavy selling pressure.
From a technical perspective, ZEC is currently priced at 423.0 USDT, with resistance levels at the 484.66-486.36 range. But the focus at this stage is clearly not on a technical rebound, but on whether the project can demonstrate its resilience.