Zcash Price Surges on Multicoin Capital Investment While Core Development Team Departs
Institutional investment firm Multicoin Capital disclosed a major stake in Zcash (ZEC), propelling the privacy-focused altcoin to six-month price highs. However, the cryptocurrency community is also grappling with news that Zcash’s core development team largely departed in January, raising questions about the project’s technical future and long-term viability in an increasingly competitive blockchain ecosystem.