Zcash price stays below $1,000 after NU7 upgrade
Published on 11/12/2026 at 13:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSNU7 meets renewed selling
- Zcash's NU7 upgrade cut the target block interval from 75 seconds to 25 seconds.
- The upgrade introduced a mechanism that reserves 60% of transaction fees for future network support.
- Investing.com displayed ZEC at 987.49 USD on November 12, below the 1,000 USD level.
- Recent selling followed ETF outflows and leveraged-position liquidations, according to Coinpaper.
The Zcash price remained below the 1,000 USD mark on November 12 after a sharp decline that followed the activation of the network's NU7 upgrade. The protocol change improved block speed, but it has not prevented renewed volatility in ZEC.
Investing.com displayed ZEC at 987.49 USD when its Zcash market page was reviewed on November 12. The page also showed a 24-hour volume of 1.46 billion USD, a market capitalization of 16.53 billion USD and a rank of 10. Its displayed intraday range was 969.51 to 1,048.70 USD. These figures describe the quoted market snapshot and are not presented as a UTC daily close.
NU7 changes Zcash network economics
NU7 activated on the Zcash mainnet at block height 3,543,405 on November 5, according to The Block. The upgrade reduced the target block interval from 75 seconds to 25 seconds. Block subsidies were reduced proportionally, leaving the issuance rate broadly unchanged and preserving the 21 million ZEC supply cap.
NU7 also activated the Network Sustainability Mechanism. Under the new rules, 60% of transaction fees are removed from circulation and placed in a public reserve, while miners receive the remaining 40%. The reserved fees are scheduled for gradual reissuance through block rewards beginning at block 8,939,664, which The Block said is expected to occur in 2031.
Fund flows add to market pressure
The upgrade's technical improvements have so far competed with weaker market positioning. Coinpaper reported that ZEC traded near 990 USD on November 11 after briefly reaching 960.56 USD. The publication also cited more than 15 million USD of net withdrawals from Grayscale's ZCSH fund during November through November 9, following approximately 46.25 million USD of outflows in October.
Coinpaper further reported approximately 40.63 million USD in ZEC futures liquidations over 24 hours on November 11, including 35.35 million USD from long positions. Liquidations can amplify a move, but the data alone does not establish the original trigger for the selloff. The Zcash price therefore remains dependent on whether demand for the upgraded network can offset weaker short-term positioning.
Investor context
NU7 addresses confirmation speed and the long-term funding of network security; it does not by itself guarantee additional demand for ZEC. Investors should distinguish the protocol's structural changes from short-term price action, especially while the token trades below the psychologically important 1,000 USD level.
More Zcash coverage is available on the Zcash topic page.
