Zcash is experiencing a major surge, with its price climbing toward the $1,500 mark, drawing significant attention from traders. This momentum is fueled by institutional interest, highlighted by Grayscale’s announcement of a 3-for-1 share split for its Zcash ETF, making exposure more accessible to retail investors.
Technically, the network is set for a major technical leap with Network Upgrade 7, scheduled for November 5th. This upgrade will triple transaction speed by reducing block times to 25 seconds, directly addressing usability barriers for shielded payments.
Meanwhile, discussions around the long-term development fund continue to stir debate within the Zcash community.
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