Zcash Crypto Jumps 12% as NU7 Upgrade Nears: Can ZEC Hit $1,300?

Key Insights Zcash crypto soared roughly 12% as developers advanced the NU7 activation proposal. The proposed Nov. 5 upgrade targets 25-second blocks and revises transaction-fee distribution. ZEC approached $1,300 resistance, although hourly indicators showed weakening momentum. Zcash crypto climbed around 12% on Oct. 21 as developers advanced the network’s NU7 upgrade. The rally pushed ZEC toward $1,300, but deployment specifications still lacked the selected activation height. CoinGlass recorded ZEC near $1,289, with about $2.88 billion in futures open interest. That positioning reflected substantial speculative exposure, but did not establish that the upgrade caused buying. Zcash Crypto Gains as Developers Propose NU7 Activation Height Zcash developer Sean Bowe submitted a GitHub proposal on Oct. 20, targeting block 3,543,405. He linked the proposed height to an agreement among Zcash Improvement Proposal editors.

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