The Zebec Network (ZBCN) token is experiencing a notable pullback after posting impressive gains last week. On Tuesday, ZBCN dropped to $0.0041, down nearly 42% from its monthly high of $0.00720, although it still trades over 640% higher than its yearly low a sign of strong overall momentum despite short-term market pressure.
Fundamentals Support Long-Term Bullish Case
Despite the recent price dip, Zebec’s underlying business performance continues to shine. The company’s flagship Wagelink payroll solution is now serving 11,000 employees across 227 companies, handling over $41 million in monthly payments. By leveraging blockchain for payroll processing, Zebec helps companies cut costs while offering real-time payment solutions to workers a critical use case in the growing on-chain finance ecosystem.
Another highlight is the increasing adoption of Zebec Cards, which allow users to spend crypto globally. In May alone, Zebec issued more than 11,000 cards, marking a 16% increase from April. These cards processed an impressive $48 billion in transaction volume, reflecting a massive 75% surge month-over-month and positioning Zebec as one of the fastest-growing crypto payment platforms globally.
Strategic Growth Through Acquisitions and Partnerships
Zebec Network is not slowing down when it comes to expanding its footprint. Last week, the company acquired Science Card, a fintech platform with over 50,000 users, in a bid to enhance its ecosystem and user base. Management has hinted at more acquisition opportunities on the horizon to accelerate both product innovation and market penetration.
Additionally, Zebec recently partnered with Ondo Finance, a leading platform in Real-World Asset (RWA) tokenization. The collaboration brings USDY (US Dollar Yield) onto Zebec’s platform, offering users access to tokenized yield-bearing instruments, a step forward in integrating traditional finance products with decentralized infrastructure.
ZBCN Price Analysis: Healthy Correction or Trend Reversal?
ZBCN’s technical outlook suggests that the recent pullback may be a healthy correction rather than a bearish reversal. The token bottomed at $0.00068 in April and surged over 926% to its all-time high. During the rally, it broke key resistance levels at $0.002135 and $0.003340, both of which may now serve as support.
While RSI and MACD indicators have cooled, ZBCN still trades above its 50-day Exponential Moving Average, signaling ongoing bullish control. Analysts expect a potential retest of the $0.003340 level before resuming upward momentum. A confirmed breakout above $0.00720, the current year-to-date high, would signal the next leg of the uptrend.
Zebec Network’s token may be facing a temporary correction, but its robust business growth, expanding partnerships, and strategic acquisitions point to strong long-term prospects. As crypto investors weigh price action against fundamentals, Zebec remains a project to watch closely in the evolving Web3 payments and payroll landscape.
