Truebit's TRU token plunged more than 99% after the protocol reported a security breach affecting its "Truebit Protocol: Purchase" Ethereum smart contract, with on-chain data indicating about 8,535 ETH, or roughly $26M, was taken. PeckShield and other blockchain analysts said the attacker allegedly exploited flawed pricing logic to mint tokens at zero cost, drained ETH reserves, moved funds through Tornado Cash, and left Truebit yet to outline any remediation plan.

Solana's price has moved back above the $136 and $138 levels and is now trading over $138 and the 100-hourly simple moving average. The SOL/USD pair is facing resistance near $140, $142 and $145, with a break above these zones potentially opening the way toward $150 and $155. If the price fails to clear $140, key supports sit at $138, $135 and $132, with a deeper drop possibly extending to $124.

On January 9, 2026, the Zcash Foundation said it will keep Zcash a decentralized, open-source protocol after the Electric Coin Company's core team resigned over governance conflicts with Bootstrap Project. Market analysts noted ZEC faced heavy selling, dropping 20% in a day, while CoinMarketCap showed a $432.95 price and $1.44 billion in 24-hour volume.

On January 8, 2026, on-chain activity showed an anonymous wallet (0x6C8EC8f1) receive about 8,535 ETH, and Truebit Protocol's TRU plunged amid an alleged exploit worth roughly $26.44 million. According to Cyvers, real-time monitoring flagged the transfer as anomalous, with around half of the funds routed via Tornado Cash. Truebit said it is working with law enforcement, and TRU was near $0.072 at publication.

Electric Coin Company, a core development team for the Zcash network, announced its departure from Bootstrap's governance structure after a dispute over mission alignment and legal constraints. ZEC initially slumped by 22% on the news but later recovered about 10% as the team pledged to form a new company and introduced plans for a new wallet.

XRP slipped below $2.20 on the hourly chart and printed a low at $2.063 before trying to recover. It remains under $2.20 and the 100-hour Simple Moving Average, with resistance at $2.1680–$2.20 and support at $2.080–$2.050. A close above $2.20 could target $2.240, while failure risks a move toward $2.00.

In the first week of January 2026, USELESS touched $0.12, then fell over 12% in the past 24 hours after losing an ascending trendline. According to Solscan, Wintermute and Coinbase moved over $600K to hot wallets, while Kraken sent $194K to a cold wallet. CoinGlass reported OI sliding from $40M to $33M and volume from $122M to $82M.

Developers who left the Electric Coin Company on Wednesday are preparing to release a new Zcash wallet called cashZ, built on the existing Zashi codebase. The team plans to launch the wallet within a few weeks and enable seamless migration for Zashi users, while emphasizing a return to cypherpunk ideals and faster scaling for Zcash.