Santiment: ZEC development activity has dropped to its lowest level since November 2021

The cryptocurrency market research firm Santiment posted on the X platform that the privacy coin ZEC, which was born ten years ago, saw its market cap grow by about 15 times between September 22 and November 16, 2025. However, the price has fallen by 40% over the past two months, and its development activity has dropped to the lowest level since November 2021.

Santiment stated that, based on historical experience, an increase in development activity often allows some excellent cryptocurrencies to stand out. Conversely, those cryptocurrencies that "let their guard down" and stop continuous innovation and improvement often struggle to survive.