The post Zcash price slumps as Ethereum plans stealth addresses and ZK privacy features appeared on BitcoinEthereumNews.com.

Zcash price has crashed this year, erasing most of the gains made last year as profit-taking continued and as competition fears rise. Summary Zcash price has slumped by 66% from its highest level in November last year. Ethereum plans to launch stealth addresses, while Cardano is working on Midnight. ZEC has moved to the distribution phase of the Wyckoff Theory. Zcash (ZEC) token dropped to a low of $250 on Friday, down by 66% from its highest level in November last year. This crash has brought its market capitalization from nearly $12 billion to the current $4.21 billion. The ongoing Zcash price crash aligns with the broader crypto market plunge that has affected Bitcoin and other top altcoins like Ethereum and Cardano.  At the same time, there are concerns that competition is rising in the privacy industry. The biggest competition will come from Ethereum, which plans to launch stealth addresses as part of the ERC-5565. Stealth addresses aim to solve a key challenge that has existed for many years, where Ethereum transactions are public. As a result, sender and receiver data will now become private, a strategy that emulates Zcash’s shielded addresses. Ethereum is also working on a strategy to implement zero-knowledge proofs in the layer-1 network, which will improve its privacy features Cardano, on the other hand, is working on Midnight, a zero-knowledge proof-based sidechain that will have advanced features. The mainnet launch will happen in March this year. Meanwhile, data compiled by CoinGlass shows that Zcash’s futures open interest has dropped in the past few months, a sign that its demand has waned. It has dropped to $377 million from last year’s high of over $1.38 billion. Zcash price technical analysis  ZEC price chart | Source: crypto.news  The weekly chart shows that the Zcash price remained in a…

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Filed under: News - @ February 21, 2026 3:17 pm