Zcash (ZEC) Price Rallies 9% as NU7 Switches On Zcash’s Fastest Blocks Yet
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TLDR ZEC rose about 9% to $1,310 on Nov. 4 and returned to the top 10 by market cap. NU7 is set to activate at block 3,543,405, expected around Nov. 5. Block times drop from 75 seconds to 25 seconds, and the 21 million supply cap stays. Analysts Jesse Olson, Ardi, Altcoin Sherpa and Wick shared price views. Zcash Community Grants withdrew its 98,000 ZEC funding proposal. Zcash climbed about 9% to $1,310 on Nov. 4. The move came one day before a planned network upgrade called NU7. CoinGecko data showed ZEC at $1,310.03, up 9.4% over 24 hours. The price moved between $1,159.27 and $1,347.03 during the session. That put the privacy coin tenth by market capitalization. Another CoinGecko reading at 14:35 UTC showed ZEC at $1,274.81, up 7.7%.
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