đ $ZEC Hits $1,280: Is The NU7 Upgrade Fueling The Next Privacy Rally? While most of the market was taking a breather, Zcash just pulled off a quiet 5% surge up to $1,280 âĄThe rally outpaced both major assets today, driven by a mix of heavy short liquidations and rising hype around Zcash's upcoming Network Upgrade 7 (NU7). Here is what is pushing ZEC higher right now đ âą Liquidations Fueling Price Action: Nearly $3.9M in short positions got wiped out in 24 hours (roughly 79% of total liquidations). As bears got squeezed, forced buybacks helped push the price right back up. âą Faster Block Times Ahead: The NU7 upgrade target drops block confirmation times from 75 seconds down to just 25 seconds. Devs will review testnet results on Oct 20 to lock in the mainnet launch aimed for Nov 5. âą Open Interest Growing: Traders aren't just covering shorts - open interest jumped over 4.8% to $2.57B, showing fresh capital entering the market. While BTC keeps anchoring broader liquidity and setting the macro tone, low-latency upgrades and derivative squeezes are creating strong localized momentum across selected altcoins. Do you think faster 25-second blocks will make Zcash a serious payment competitor, or are you holding out for mainnet confirmation first? #Zcash #Altcoin Season#