Old Leek Watch｜$ZEC : Up 14% in 24 Hours as NU7 Upgrade Nears
Zcash's recent rally has a clear catalyst. The NU7 network upgrade plan will shorten block intervals from 75 seconds to 25 seconds, while introducing the Network Sustainability Mechanism, which will direct some transaction fees back into the future block reward system.
This upgrade is about more than speed; it also involves the network's economic mechanisms.
But I'm more focused on the structure of capital flows. The latest verifiable Binance futures data:
ZEC's rally has been accompanied by a clear short squeeze, and participation in futures markets is also increasing.
One more detail: November 5 is the target activation window for NU7. The official page previously still showed that the activation height had not been finalized, so the upgrade should not be described as already complete.
Zcash's recent rally has a clear catalyst. The NU7 network upgrade plan will shorten block intervals from 75 seconds to 25 seconds, while introducing the Network Sustainability Mechanism, which will direct some transaction fees back into the future block reward system.
This upgrade is about more than speed; it also involves the network's economic mechanisms.
But I'm more focused on the structure of capital flows. The latest verifiable Binance futures data:
ZEC's rally has been accompanied by a clear short squeeze, and participation in futures markets is also increasing.
One more detail: November 5 is the target activation window for NU7. The official page previously still showed that the activation height had not been finalized, so the upgrade should not be described as already complete.