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Zcash jumps 12% ahead of NU7 upgrade promising faster transactions and improved network features

Protocol Fundamentals
04 Nov 2026, 14:27 WIB
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Bullish
Zcash jumps 12% ahead of NU7 upgrade promising faster transactions and improved network features

Zcash's price surged over 12% to around $1,278 following a recent correction, driven by anticipation of the Network Upgrade 7 (NU7) expected around November 5. This upgrade will reduce block confirmation times from 75 to 25 seconds, enhancing transaction speed without increasing token supply. Additionally, NU7 introduces a Network Sustainability Mechanism to reserve transaction fees for future mining rewards. Despite rising futures interest, institutional investment products have seen withdrawals, highlighting mixed market sentiment. The price now faces resistance near $1,300, with potential to reach $1,400 if momentum continues.

Zcash (ZEC) is trading at Rp23,323,734 on Pluang as of November 4, 2026, 19:42 WIB, showing a 7.28% increase in the last day. The market cap stands at Rp7.04 trillion, indicating solid investor interest despite mixed sentiment in institutional products. Typical holding time on Pluang is 108 days, reflecting a moderate-term commitment among retail investors.

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