The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
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Sign InIn a move reflecting investor optimism toward technical milestones in the privacy coin sector, Zcash price climbed 13% within a single week. This momentum builds as the network prepares for the Ironwood upgrade, scheduled for a mainnet launch on July 21, 2026. The upgrade will enable node operators to verify the coin's circulating supply on day one, significantly bolstering trust in the network's monetary integrity.
The Ironwood release follows technical discoveries regarding network auditing, with Electric Coin Co focusing on enhancing wallet performance and transparency. Compared to peers in the privacy space, Monero (XMR) remained relatively stable during the same period, while Zcash's current performance outpaces the sector average per market data. Experts note that immediate supply verification is a critical feature designed to mitigate long-standing concerns regarding undetected inflation in shielded pools.
Traders should monitor ZEC price levels closely as the July 21 catalyst approaches. Beyond network-specific updates, broader market sentiment may be influenced by upcoming global inflation data and Fed policy signals found in the economic calendar. Given the scheduled mainnet transition, the successful deployment of Ironwood remains the primary fundamental driver for Zcash in the near term.