ZEC hits an approximately 8-year high, briefly touching $888; the NU7 network upgrade snapshot is imminent.

According to HTX market data, ZEC hit an approximately 8-year high today, touching its highest price since 2018 at $888 with a weekly gain of over 70%. It is currently holding steady near the $844 level. The Zcash community will launch an 18-day token holder vote starting on the 24th (Beijing time: early morning of the 25th) to determine the scope of the upcoming NU7 upgrade. The minimum voting participation threshold is 1 million ZEC. Voting rights are based on spendable, shielded ZEC held in the Ironwood pool at the snapshot time (estimated 19:00 UTC on the 24th, mainnet block height approx. 3,459,350). The vote opens August 25 and closes at 19:00 UTC on September 14. Votes are cast privately via supported wallets, including Zodl, Vizor, Zkool, and Keystone hardware wallets; only aggregated data will be released, with no individual voting details disclosed. The initiative aims to gather holders’ feedback on the upgrade scope for reference by the community and developers.