Zcash’s major network upgrade NU7 goes live on mainnet, cutting block time by threefold
Bullish strength: 70/100
- NU7 reduces block intervals from 75 seconds to 25 seconds.
- New Network Sustainability Mechanism allocates 60% of transaction fees to a public reserve.
- The upgrade preserves the 21 million ZEC supply cap and existing halving schedule.
- Reserved transaction fees are scheduled for gradual reissuance through block rewards beginning in 2031.
Bearish strength: 30/100
- ZEC dropped 5.17% over the past 24 hours.
- Approximately 12,224 ZEC in the original Sprout pool become unspendable.
- The broader crypto market downturn is adding near-term selling pressure.
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