ZEC Rises 10% to $1526 Amid NU7 Network Upgrade Timeline

Zcash (ZEC) rose 10% to reach $1,526 (approximately 2.11 million KRW), while the mainnet activation date for its key network upgrade NU7 has been set for November 5. The Zcash community forum announced on October 17 that multiple development organizations and engineering teams have agreed on the progression of NU7, with testnet scheduled to activate on October 6 and mainnet on November 5. Final mainnet activation timing will be determined by October 20 based on testnet performance results. CoinGecko reported ZEC gained 10% that day to reach $1,526.

Grayscale Research's $8,100 (approximately 11.19 million KRW) figure is a scenario assuming Zcash secures 10% of Bitcoin's market capitalization, not an official price target.