🚨 ZCASH: BIG DEVELOPMENTS, BUT THE MARKET IS STILL WAITING!
Zcash has had some important ecosystem developments recently:
🔹 NU7 Upgrade: Activated in early November, reducing Zcash’s target block interval from 75 seconds to 25 seconds.
🔹 50,000 ZEC Proposal: A community poll is scheduled for November 16–30 to discuss changes to future development funding. It is NOT approved yet.
🔹 Grayscale Support: Grayscale plans to direct up to $1 million in sponsor fees toward Zcash ecosystem development, education and marketing. This is not a $1 million $ZEC purchase.
My take: Zcash’s development story is progressing, but positive news doesn’t guarantee a price rally. The market still needs to show strength.
Do you think these developments can improve confidence in ZEC?
#Zcash #ZEC #CryptoNews #BinanceSquare
Zcash has had some important ecosystem developments recently:
🔹 NU7 Upgrade: Activated in early November, reducing Zcash’s target block interval from 75 seconds to 25 seconds.
🔹 50,000 ZEC Proposal: A community poll is scheduled for November 16–30 to discuss changes to future development funding. It is NOT approved yet.
🔹 Grayscale Support: Grayscale plans to direct up to $1 million in sponsor fees toward Zcash ecosystem development, education and marketing. This is not a $1 million $ZEC purchase.
My take: Zcash’s development story is progressing, but positive news doesn’t guarantee a price rally. The market still needs to show strength.
Do you think these developments can improve confidence in ZEC?
#Zcash #ZEC #CryptoNews #BinanceSquare