Zcash down up to 23.5% over 30 days as NU7 upgrade targets Nov. 5
- —ZEC's 30-day return was -23.5% on Binance daily candles and -22.08% on Kraken average prices
- —NU7 activation is targeted at block 3,543,405, expected around Nov. 5
- —Block interval drops from 75 to 25 seconds; per-block rewards are cut by a third
- —NU7 sends 60% of fees to a reserve and 40% to miners; version 4 transactions become invalid
Why it matters: The upgrade triples Zcash confirmation speed, but Sprout pool funds become unusable after activation, so node operators must update before the fork.
Source: TokenPost