Last week, more than 25 members of the leading development team behind Zcash resigned, triggering a major shift in focus across the privacy coin space.
As confidence in Zcash wavers, attention has quickly turned to alternatives with Dash emerging as a top contender.
This shift in sentiment has sparked a surge in trading volumes, supporting a bullish Dash price prediction as more investors look for privacy-focused projects with stability and momentum.
Josh Swihart, former CEO of the Electric Coin Company (ECC), stated that the resignations stemmed from ongoing conflicts with Bootstrap, the non-profit tasked with overseeing the team’s work.
Over the past few weeks, it's become clear that the majority of Bootstrap board members (a 501(c)(3) nonprofit created to support Zcash by governing the Electric Coin Company), specifically Zaki Manian, Christina Garman, Alan Fairless, and Michelle Lai (ZCAM), have moved into…
— Josh Swihart
(@jswihart) January 7, 2026
Swihart emphasized that there was a “clear misalignment” between the top priorities for Bootstrap and ECC that prevented the team from being able to do their job.
The news triggered a steep decline in the price of ZEC. At the time of writing, its 7-day losses currently sit at 17%.
In contrast, DASH has booked a 74% gain during this same period, as the market seems to have rotated toward this token and Monero (XMR) in response.
Zcash was one of the top-performing assets last year with an 827% gain. If that same buying interest rotates toward DASH, that could propel its price to levels not seen in years over the next few weeks.
Dash Price Prediction: DASH Eyes $250 After Bullish Breakout
DASH’s trading volumes have more than doubled in the past 24 hours alone, currently accounting for 130% of the asset’s circulating market cap at $1.2 billion.
This indicates that buying pressure has accelerated dramatically, causing a massive short squeeze that could keep unfolding over the next few days.
The daily chart shows that DASH has been going up for three days in a row and has broken a key resistance at $58 with strong volumes.
This sets the stage for a potential breakout, with targets at $125 and $250, offering up to 233% upside in the weeks ahead.
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The post DASH Price Prediction: Zcash Collapses as Developers Quit – Are Traders Fleeing Straight Into DASH? appeared first on Cryptonews.
