Zcash is celebrating ten years since the launch of its mainnet on October 28, 2016. In mid-to-late October 2026, ZEC traded between $1,270 and $1,300, putting its market capitalization at nearly $22 billion. The NU6.3 upgrade, released in July 2026, introduced a formally verified shielded pool and strengthened supply auditing, while NU7, scheduled for November 5, 2026, is expected to cut the average block time from 75 to 25 seconds. About 29% of issued ZEC, or 4.9 million tokens, is held in shielded pools, out of 17 million issued against a 21 million cap. Grayscale’s ZCSH spot ETF, launched on NYSE Arca on August 25, 2026, exceeded $1 billion in assets under management before experiencing some redemptions, while the community is debating whether to redirect 8% of block rewards to a $125 million treasury.
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