The story of privacy coins seems to be coming to an end in 2026? Many people see it this way, especially after ZEC experienced internal splits and a price plunge, which cooled down market sentiment.

But this judgment might be too superficial. Upon closer inspection, the privacy coin track is actually undergoing some overlooked changes. Those signals that seem like the endgame might actually be the prelude to a new cycle. The true trend is not on the price charts, but in those less obvious places.