Zebec Network (ZBCN) Has Lately Garnered Significant Traction in the Cryptocurrency Industry, Ranking First Among Top Gainers

Zebec Network (ZBCN) has lately garnered significant traction in the cryptocurrency industry, ranking first among top gainers on CoinMarketCap and CoinGecko.

Zebec Network (ZBCN) has quickly become a hot topic in the cryptocurrency industry, ranking first among top gainers on both CoinMarketCap and CoinGecko.

As of 26 May, ZBCN is trading at around $0.0049, showing a strong increase of over 20% in the past 24 hours. This follows a remarkable 150% surge last week.

The 150% hike in the last week is not the only bull run for Zebec as the token has also soared over 600% from its monthly low. The token hit an all-time high of $0.005346 earlier today, marking a significant recovery from its all-time low of $0.0006921, which was reached last August.

Zebec is a real-time payments and payroll platform built on the Solana blockchain. It allows users to make instant crypto payments, send cross-border remittances, automate payroll, and use a Mastercard-enabled debit card. The platform serves over 50,000 monthly users across 138 countries. After acquiring Paybridge in 2023, Zebec expanded into the payroll space and now supports more than 250 partner companies.

Futures open interest for ZBCN hit an all-time high of $12.27 million, a sharp increase from just $2.43 million earlier this month. This surge in derivatives activity, mainly on Bybit, MEXC, and Gate, signals strong demand and trader confidence.

According to Santiment data, social volume and dominance for Zebec also reached all-time highs, a clear sign of rising hype and FOMO (fear of missing out) among retail traders. The number of token holders climbed to over 59,000, compared to fewer than 50,000 earlier this month.

On the chart, it broke above a significant resistance point at $0.2137, a sign which frequently indicates further gains in the future. It also went through the pattern target price of $0.0035, substantiating the breakout. Nevertheless, the token is currently overbought, and the RSI is 90, which means the price might have gone up too quickly.

Also, ZBCN funding rates have remained negative since May 21, which indicates that most traders are anticipating a pullback. The most probable action at this point is a short-term drop, perhaps down to about $0.21, followed by a rally—a typical “break-and-retest” scenario that might provide more upside later on.

If the price of ZBCN continues to climb, it could break above its current all-time high of $0.0055 and enter price discovery mode. This means there are no historical resistance levels ahead, giving bulls more room to push the token higher. A sustained rally could attract new investors and traders who fear missing out (FOMO), adding to the buying pressure.