Zcash community approves Bitcoin-style halving with 98.9% support; ZEC reaches $1,388

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Bitcoin market news emerged as Zcash (ZEC) community members voted on September 17, 2026, to retain the Bitcoin-style halving mechanism with 98.9% support. Using 2.4 million ZEC tokens—representing 66% of eligible votes—the decision also included reducing block time to 25 seconds, deactivating the Sprout pool, and limiting the scope of the NU7 upgrade. Following the announcement, ZEC surged to $1,388, rising 10.9% in a single day, with a market cap of $22.9 billion, ranking it ninth in the crypto market.

ME News reported that on September 17 (UTC+8), the Zcash community voted with 98.9% support to retain the Bitcoin-style halving mechanism, with a total of 2.4 million ZEC participating in the vote, representing 66% of eligible tokens. The community also opted to reduce the block time to 25 seconds, immediately deprecate the Sprout pool, and limit the NU7 upgrade to features that can be completed by September 30. ZEC briefly reached $1,388, rising 10.9% in a single day, with a market capitalization of $22.9 billion, elevating it to the ninth position among crypto assets by market cap. Zcash’s Ironwood upgrade, activated in July, introduced quantum-resistant transaction records; the token has surged over 2,500% in the past year. (Source: ODAILY)

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