Data first: $ZEC 1273.29, up 13.1% intraday
Then the news: Zcash developers have submitted a proposal to activate NU7 on mainnet, which is expected to go live around November 5.
In the long term, this is a positive. But whether the price rises in the near term still depends on capital flows. Don't draw conclusions based on a single number; compare at least two or three indicators.

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