ZEC -7.35% in 24 Hours Amid Q4 Roadmap Launch

On November 2, 2025, ZEC dropped 7.35% within 24 hours to trade at $378.3. Despite this decline, ZEC has seen robust growth over the past 7 days (20.84%) and within 1 year (578.32%). These movements occurred amid a pivotal release from the Zcash Foundation, which outlined a comprehensive roadmap for the final quarter of 2025.

The Electric Coin Company (ECC), the primary developer of Zcash (ZEC), has unveiled its Q4 2025 roadmap, focusing on enhancing privacy, usability, and security for the Zcash ecosystem. The roadmap emphasizes the expanded use of sapling addresses to bolster privacy in transactions and to address specific usability issues with hardware wallets such as Keystone. Additionally, the roadmap outlines plans for temporary transparent address generation during swaps, transparent address rotation, and the implementation of Pay-to-Script-Hash (P2SH) multisignature support for Keystone.

These upgrades aim to refine the user experience while reinforcing Zcash's position as a leader in privacy-focused blockchain technology. The roadmap also outlines a disciplined approach to risk management and development fund governance. ECC has stated that these priorities align with its long-term goal of delivering “encrypted electronic cash” through enhanced privacy and usability, adapting as necessary to market conditions and community feedback.

A central feature of the roadmap is the implementation of temporary transparent addresses for ZEC swaps, which will be facilitated through the NEAR Intents protocol. This mechanism generates a new address for each transaction, effectively reducing the interconnectivity between different ZEC transactions and thereby enhancing user privacy. Additionally, the introduction of transparent address rotation will automatically generate a new address after each fund transfer, further anonymizing users’ transaction histories.

The roadmap also highlights the importance of hardware wallet usability for ZEC holders, particularly for Keystone users. ECC has introduced a streamlined system for managing device connections, allowing users to disconnect and resync their hardware wallets at any time. This improvement aims to address quality-of-life issues and ensure a more seamless user experience for Zashi wallet users.

Backtest Hypothesis

The recent roadmap is expected to influence both the technical and behavioral patterns of ZEC holders. Given the focus on privacy and usability, it is anticipated that these upgrades could drive increased adoption and usage of the Zcash network. A backtesting hypothesis is proposed to evaluate the potential impact of these developments.

The strategy involves identifying days where ZEC’s daily return reaches or exceeds 5%, signaling strong positive market sentiment or significant network developments. Each identified event would serve as a potential entry point for a backtest. Exit rules would be configurable, allowing for various holding periods and stop-loss or take-profit thresholds. The objective is to assess the average post-event return, win rate, and optimal holding window for ZEC under these conditions.

This approach provides a structured method for evaluating the market’s reaction to Zcash’s technical advancements and strategic roadmap. It enables a deeper understanding of how ZEC’s ecosystem updates correlate with price movements, offering insights into the effectiveness of Zcash’s long-term vision in the competitive privacy coin market.