Monero and Zcash Fall Over 28% in Past Week, but Privacy Peer ZANO Holds Steady
While Monero and Zcash plummeted over 28% amid extreme market fear, privacy coin ZANO only declined by 1.4%.Summary
Monero (XMR) and Zcash (ZEC), the largest privacy coins by market cap, experienced significant drops of 28.9% and 33.4% respectively over the past week, coinciding with the broader crypto market plunging into 'extreme fear' territory, evidenced by the Fear & Greed Index hitting 9. In stark contrast, ZANO, a smaller privacy-focused blockchain, only declined by 1.4% during the same period, despite having a much smaller market capitalization ($130.81 million vs. $5.74 billion for XMR and $3.66 billion for ZEC). ZANO, launched by an original Monero contributor, utilizes both Proof-of-Work and Proof-of-Stake and supports Confidential Assets. The project recently released its 2026 roadmap, detailing major upgrades like Hard Forks 6 and 7 to enhance privacy and interoperability, including a full Proof-of-Stake consensus upgrade. The general market downturn saw total crypto liquidations reach $2.60 billion in 24 hours, with long positions accounting for the majority.
(Source：CryptoSlate)