A Hyperliquid trader known as ‘Evaded' has booked over $7.5 million in profit from two positions in less than four days, most recently rolling back into the market with a $38.63 million ether long carrying 25x leverage. ZEC and HYPE Gains Turn Into a $38.
Zcash has activated the NU7 testnet, introducing faster block times that reduce transaction confirmations from 75 seconds to 25 seconds. The upgrade also implements a new fee model designed to limit spam attacks while supporting miner incentives through the Network Sustainability Mechanism.
The Zcash upgrade roadmap includes three advances targeting a 300% speed boost as ZEC gained 73% in a month. The Zcash Foundation outlined a three-pronged technical roadmap building toward NU7, its ninth planned network upgrade.
Zcash (ZEC) is preparing for a radical acceleration, as the long-awaited Network Upgrade 7 (NU7) has been launched on testnet. The main feature of the upgrade is a threefold reduction in block generation time, from 75 to 25 seconds, along with a twofold increase in network throughput.
Zcash (ZEC) has surged to its highest level since 2025, but the rally is now approaching a major technical barrier. While some analysts point to the first “constructive signs” in months, others warn of potential signs of exhaustion.
The $743 zone could decide whether ZEC extends higher or cools off first.
ZEC posts a 5% gain in the last 24 hours, ranking as the second best-performing asset in the market's top 20 by capitalization. The rally pushed the token to $692 during the session, adding 26% to its market capitalization over the course of the week.
Zcash has emerged as the market's primary breakout performer, logging a 15% single-day advance to trade at $660.21.
With trading volume surging more than 100% in a single day, and price briefly reaching the $680 region before cooling near $665, Zcash has abruptly returned to the spotlight following one of the market's strongest short-term recoveries.
Zcash has emerged as a top performer in the cryptocurrency market this month. While many digital assets have remained stagnant, ZEC has climbed approximately 90% over the last 30 days.
A newly created wallet withdrew $7.96 million worth of ZEC from Binance, drawing attention from on-chain observers tracking large exchange outflows of the privacy-focused cryptocurrency.
The trend of large Zcash withdrawals from Binance highlights growing concerns over privacy coin regulations and potential market liquidity impacts. New wallet withdraws 11,827 Zcash worth $7.9M from Binance.