Zcash Price Rises Above $800 as Coin Holders Vote on Faster Blocks and Issuance Changes.
Zcash (ZEC) price recovered above $800 after briefly dipping to $773, driven by a sharp weekly rally and a coin-holder vote regarding major network upgrades. The NU7 poll asks coin holders to decide on proposals such as accelerating block time (from 75 seconds to 25 seconds), implementing a smoother issuance reduction to replace the current halving cycle, and changing the distribution of transaction fees. These updates aim to improve network speed and provide greater certainty for miners and users. Although the poll results are advisory and not necessarily binding, the price rally reflects positive sentiment toward potential improvements. The next resistance zone for ZEC lies between $850 and $880, with support around $780 and $750. $ZEC
Zcash (ZEC) price recovered above $800 after briefly dipping to $773, driven by a sharp weekly rally and a coin-holder vote regarding major network upgrades. The NU7 poll asks coin holders to decide on proposals such as accelerating block time (from 75 seconds to 25 seconds), implementing a smoother issuance reduction to replace the current halving cycle, and changing the distribution of transaction fees. These updates aim to improve network speed and provide greater certainty for miners and users. Although the poll results are advisory and not necessarily binding, the price rally reflects positive sentiment toward potential improvements. The next resistance zone for ZEC lies between $850 and $880, with support around $780 and $750. $ZEC