|

Monero and Zcash Fall Over 28% in Past Week, but Privacy Peer ZANO Holds Steady

XMR dropped to $311 and ZEC to $221 over seven days whereas ZANO declined simply 1.4% as Fear & Greed hit 9.

Key Notes

  • Monero fell 28.9% and Zcash dropped 33.4% over the previous week whereas ZANO declined simply 1.4%
  • Fear & Greed Index fell to 9 on Feb. 6, labeled as excessive worry, down from 16 one week earlier
  • Total crypto market liquidations hit $2.60 billion in 24 hours with longs accounting for $2.13 billion

Monero and Zcash, the 2 largest privacy coins by market cap, fell 28.9% and 33.4% respectively over the previous week as broader crypto markets dropped deeper into excessive worry territory. ZANO, a smaller privacy-focused blockchain ranked 224th by market cap, declined simply 1.4% over the identical interval.

Monero traded at $311.40 on Feb. 6, down from a seven-day high of $487.87. Zcash fell to $221.61, with its weekly high at $341.46.

Both tokens maintain far bigger market caps than ZANO, with Monero at $5.74 billion and Zcash at $3.66 billion in comparison with ZANO’s $130.81 million. No clear motive was recognized for the efficiency hole between ZANO and its bigger friends.

ZANO traded at $8.63 on Feb. 6, ranging between $8.60 and $9.50 throughout the week. Its 24-hour buying and selling quantity sat at $2.34 million, up 66% from the prior day, in response to CoinGecko data. The token stays 51.5% beneath its all-time high of $17.81, set on Jan. 7, 2025.

Seven-day proportion comparability of ZANO (white/candlestick), Monero (blue), and Zcash (inexperienced) on the 5-minute timeframe from Jan. 31 to Feb. 6, 2026, utilizing MEXC change knowledge. ZANO declined 3.87% whereas XMR fell 32.62% and ZEC dropped 34.36% on this change over the interval. Article value knowledge is sourced from CoinGecko, which aggregates throughout all exchanges. Source: TradingView/MEXC

What Is Zano

Zano is a privacy-focused blockchain launched in 2019 by one of many unique Monero core contributors. It makes use of two safety strategies, proof-of-work and proof-of-stake, to guard its community. Unlike Monero, which handles personal funds solely, Zano additionally helps Confidential Assets, a function that lets different initiatives create privacy-protected tokens on its chain.

The undertaking has built-in with Cake Wallet and Bitcoin.com Wallet. A 2025 partnership with DFX additionally allows spending ZANO at over 100 SPAR supermarkets in Switzerland.

Project Developments

The workforce has launched its 2026 roadmap outlining a sequence of main protocol upgrades centered on privateness, interoperability, and community resilience. The plan consists of Hard Forks 6 and 7, which is able to introduce Gateway Addresses, a full improve to Proof-of-Stake consensus, and native ZANO integration on the Confidential Layer Bridge, enabling cross-chain transfers whereas preserving transaction confidentiality.

ZANO has attracted public assist from Roger Ver, the early Bitcoin investor and Bitcoin Cash advocate. Ver has mentioned the undertaking in interviews and on social media, citing founder Andrey Sabelnikov’s background as one of many unique CryptoNote builders, the privateness protocol that Monero later forked from. Ver was an early proponent of bigger Bitcoin block sizes and later backed Bitcoin Cash following the 2017 fork.

Market Conditions

The Fear & Greed Index dropped to 9 on Feb. 6, labeled as excessive worry, down from 16 one week prior, in response to Alternative.me. Total crypto market capitalization fell 5.70% over 24 hours to $2.34 trillion.

The Fear & Greed Index registered 9 (Extreme Fear) on Feb. 6, 2026, down from 12 yesterday and 16 one week earlier. Source: Alternative.me

Total crypto market liquidations, the place leveraged positions are robotically closed, reached $2.60 billion over 24 hours, in response to Coinglass data. Bets on rising costs accounted for $2.13 billion of that complete.

Crypto market liquidation heatmap for the 24 hours ending Feb. 6, 2026. Bitcoin accounted for $1.35 billion, Ethereum for $565.44 million, and Solana for $188.44 million of complete liquidations. Source: Coinglass

Token Context

Data from the undertaking confirmed roughly 70% of ZANO‘s 15.14 million circulating provide was staked, that means these tokens are locked into the community reasonably than out there for buying and selling as of August 2025.

The undertaking’s December 2025 replace reported that complete worth locked, a measure of property deposited throughout the community’s purposes, had crossed $18 million. A 2026 roadmap features a community safety improve and a light-weight pockets launch.

Disclaimer: This is a sponsored submit. CryptoSlate doesn’t endorse any of the initiatives talked about in this text. Investors are inspired to carry out essential due diligence.

The submit Monero and Zcash Fall Over 28% in Past Week, but Privacy Peer ZANO Holds Steady appeared first on CryptoSlate.

Similar Posts