
Zcash holds above $1,200 as ETF interest and NU7 upgrade loom
- —ZEC trades near $1,221.54, down 2.7% in 24 hours within a $1,187.54–$1,260.87 range
- —Market cap about $20.74 billion, daily volume $841.7 million, circulating supply 17.001 million ZEC
- —NU7 activates at block 3,543,405 around November 5; Zebra 7.0.0 is already released
- —Winklevoss filed an S-1 with the SEC on October 6 for a spot Zcash ETF
Why it matters: NU7 cuts block times to 25 seconds and invalidates old-format transactions, so holders must migrate funds before activation.
Source: The Crypto Times