This study examines the extended version of the Zakharov system characterizing the dispersive and ion acoustic wave propagation in plasma. The genuine, non-dispersive field depicts a shift in plasma ion density from its equilibrium state, whereas the complex, dispersive field depicts the fluctuating envelope of a highly oscillatory field of electricity. The main focus of the analysis is on employing the expanded Fan sub-equation approach to achieve some novel travelling wave structures including the explicit, periodic, linked wave, and other new exact solutions are developed for different values of this parameter. Three dimensional graphs are utilised to examine the properties of the obtained solutions. Furthermore, ideas from planar dynamical theory are applied in this work to analyse the intricate behaviour of the analysed model. Sensitivity analysis, multistability, quasi-periodic and chaotic patterns, Poincaré map, and the Lyapunov characteristic exponent are used to analyse the dynamical features.