Zebec Network Token Experiences Price Correction Amid Strong Business Growth
The Zebec Network token has undergone a significant pullback, erasing part of the substantial gains achieved last week when it reached a record high. On Tuesday, the tokenβs price dropped to $0.0041, marking a 42% decline from its monthly peak. Despite this correction, ZBCN remains an impressive 640% above its lowest point this year, showcasing its resilience in the volatile cryptocurrency market.
Business Performance and Key Metrics
Recent data highlights Zebec Networkβs strong business performance in 2025. The companyβs payroll solution, Wagelink, has gained significant traction, currently serving 11,000 employees across 227 companies. This service processes over $41 million monthly, leveraging blockchain technology to streamline payroll operations and reduce costs for businesses. This innovative approach simplifies how workers are paid, enhancing efficiency and transparency.
Another notable achievement is the growth of Zebec Cards, which enable users to spend their cryptocurrencies globally. In May, Zebec issued over 11,000 cards, representing a 16% increase from the previous month. The card payments processed an impressive $48 billion in volume, a 75% month-over-month surge. These figures underscore Zebecβs position as one of the fastest-growing players in the crypto industry.
Strategic Acquisitions and Partnerships
Zebec Network is actively pursuing growth through both organic expansion and acquisitions. Last week, the company acquired Science Card, a platform with over 50,000 users. This acquisition strengthens Zebecβs ecosystem and signals its openness to further buyouts.
Additionally, Zebec is expanding its partnerships to bolster its offerings. A recent collaboration with Ondo Finance, a leader in Real-World Asset tokenization, has integrated US Dollar Yield (USDY) into the Zebec platform. This partnership aligns with Zebecβs vision of creating innovative solutions for its growing user base.
Technical Analysis of ZBCN Price
The daily chart reveals significant movements in the ZBCN token price. After bottoming out at $0.00068 in April, the token rallied by an impressive 926%, reaching a record high of $0.00720. During this rally, ZBCN broke through critical resistance levels at $0.002135 (February 22 high) and $0.003340 (April 23 swing high).
Currently, the price remains above the 50-day Exponential Moving Average (EMA), indicating that bullish momentum persists. However, indicators such as the Relative Strength Index (RSI) and the MACD suggest a recent pullback. This signals the possibility of a short-term drop, potentially retesting the $0.003340 support level before resuming the upward trend.
For the uptrend to continue, confirmation would be needed through a price rise above the year-to-date high of $0.00720. Traders should monitor these levels closely to identify potential entry points or shifts in momentum.
Key Takeaways
- Zebec Network token has experienced a price correction but remains significantly higher than its yearly low.
- The companyβs Wagelink payroll solution processes $41 million monthly, serving thousands of employees across hundreds of companies.
- Zebec Cards have shown remarkable growth, with $48 billion in transaction volume in May alone.
- Strategic acquisitions like Science Card and partnerships with Ondo Finance are driving Zebecβs expansion.
- Technical analysis indicates potential short-term price fluctuations, but long-term bullish trends remain intact.
As the cryptocurrency market continues to evolve, Zebec Networkβs innovative solutions and strategic moves position it as a noteworthy player in the industry. Investors should keep an eye on its performance and upcoming developments to make informed decisions.