Zebec Network token has pulled back, erasing some of the gains made last week when it surged to a record high.
Zebec Network (ZBCN) price dropped to a low of $0.0041 on Tuesday, down 42% from its highest point this month. It remains 640% above the lowest point this year.
Data released by the company showed that its business is performing well in 2025. Wagelink, its payroll solution, is serving 11,000 employees across 227 companies, processing over $41 million monthly. The service simplifies how workers are paid by leveraging blockchain technology to reduce costs for companies.
Zebec Cards are also gaining traction, enabling users to spend their cryptocurrencies globally. The company issued over 11,000 cards in May, a 16% increase from the previous month. These card payments handled over $48 billion in volume, a 75% surge month-over-month. This performance positions Zebec as one of the fastest-growing players in the crypto industry.
Zebec Network is working to accelerate growth both organically and through acquisitions. It acquired Science Card, a company with over 50,000 users last week, and the management has signaled that it is open to more buyouts.
The company is also expanding its partnerships. In its latest collaboration, Zebec partnered with Ondo Finance, a key player in the Real-World Asset tokenization space. This partnership has led to the integration of US Dollar Yield (USDY) into the Zebec platform.
ZBCN price technical analysis
The daily chart shows that the ZBCN token price bottomed at $0.00068 in April and then rallied over 926% to a record high of $0.00720. It broke through key resistance levels at $0.002135 (February 22 high) and $0.003340 (April 23 swing high).
Zebec Network price remains above the 50-day Exponential Moving Average, a signal that bulls still hold control. However, the Relative Strength Index and the MACD indicators have pulled back in recent days.
Therefore, the most likely scenario is a drop and retest of the $0.003340 support level before the uptrend resumes. More gains will be confirmed if the price rises above the year-to-date high of $0.00720.
