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Zcash Foundation Reaffirms Decentralization on January 9, 2026 After ECC Resignation

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.