Monero (XMR) rebounds after months of stagnation, approaching its all-time high and reclaiming the top spot among privacy coins by market capitalization, amid Zcash (ZEC) facing serious governance instability. XMR’s recovery comes after investors shifted their focus to Zcash, despite the Monero network previously being scrutinized for reorg risks and mining centralization. Conversely, ZEC experienced a sharp decline after the entire Electric Coin Company team resigned due to disputes with the management board, raising concerns about the development roadmap. The developments indicate a shift in capital flow within the privacy coin segment, just as a16z crypto predicts privacy will be a key competitive advantage in 2026.
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