Zcash Tops $1,600 as NU7 Upgrade and Europe's First ETP Near
- —Zcash gained 10% on the day to trade near $1,639
- —NU7 will cut block times from 75 to 25 seconds and reduce block rewards by a third
- —21Shares listed the ZCASH ETP on Euronext Amsterdam and Paris with a 2.5% fee
- —Shielded transactions hit 4,911,697 last week, the highest since 2022
Why it matters: Faster blocks and institutional inflows via the new ETP strengthen Zcash's case as a payment and privacy asset.
Source: CoinCodex