ZEC reaches an 8-year high of $888 amid upcoming NU7 network upgrade vote

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ZEC reached an 8-year high of $888 on August 25, according to on-chain data from ChainThink, marking its highest price since 2018 with a weekly gain exceeding 70%. The price is currently near $844. The Zcash community has launched an 18-day token holder vote to determine the scope of the NU7 network upgrade. Voting began on August 25 and ends on September 14 at 19:00 UTC, requiring a minimum of 1 million ZEC. Voting rights are based on holdings at a snapshot taken on August 24 at 19:00 UTC (block height ~3,459,350). On-chain analysis indicates votes are submitted via privacy wallets, with only aggregated data disclosed.

ChainThink reports that on August 25, according to market data, ZEC reached its highest level in approximately eight years, briefly hitting $888—the highest price since 2018—with a weekly gain exceeding 70%. It is currently maintaining a high level near $844.

The Zcash community has initiated a 18-day token holder vote, starting on the 24th, to determine the scope of the NU7 network upgrade.

The minimum voting participation threshold is 1 million ZEC. Voting power is based on spendable, shielded ZEC held in the Ironwood pool at the time of the snapshot, expected to occur on the 24th at 19:00 UTC, at approximately block height 3,459,350 on the mainnet.

Voting opens on August 25 and ends on September 14 at 19:00 UTC, conducted privately through supported wallets, with only aggregated data published—individual voting details remain confidential.

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