Zcash rallies 12% as developers finalize NU7 activation height
Bullish strength: 78/100
- ZEC gained approximately 12% over the past 24 hours.
- Developers agreed on mainnet activation block 3,543,405, expected around November 5.
- NU7 aims to reduce target block time from 75 seconds to 25 seconds.
- ZEC is up more than 148% year to date.
Bearish strength: 22/100
- Only six of 12 NU7 readiness tasks are complete.
- Zebra node synchronization issues and mainnet preparations remain outstanding.
- Upgrade specifications still need to be finalized, and the activation date could be affected by unresolved issues.
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