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Zcash open interest drops 7.8% after NU7 upgrade speeds up transactions and changes fee structure

Protocol Fundamentals
06 Nov 2026, 13:29 WIB
UToday
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Neutral
Zcash open interest drops 7.8% after NU7 upgrade speeds up transactions and changes fee structure

Zcash's open interest fell by 7.8% following the activation of the NU7 network upgrade, which speeds up transaction confirmations from 75 to 25 seconds and changes the fee distribution model. The upgrade allocates 60% of transaction fees to a reserve fund and 40% to miners, while also increasing shielded pool capacity and wallet spam protection. Despite a recent price dip amid broader market corrections, ZEC shows signs of potential recovery if it holds above key support levels around $1,250. The upgrade aims to improve network efficiency and security, but market reaction remains mixed.

As of Nov 06, 2026 18:42 WIB, Zcash (ZEC) trades at Rp23.314.728 on Pluang, down 2.33% in the last day. This price is within the context of a circulating supply at 78% of its maximum 21 million ZEC. Compared to its market cap of Rp7,04 trillion and daily volume of Rp787,62 million, ZEC's recent price dip contrasts with the platform's typical hold time of 108 days, suggesting a relatively patient investor base amid the upgrade news.

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