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.
Sign in to access this content
Sign InIn a strategic move to restore confidence in privacy protocols, Zcash developers have officially scheduled the Ironwood mainnet upgrade for activation on July 28, 2026. The upgrade is set to trigger at block height 3428143 following successful trials on the testnet. This technical milestone is essential for securing the network and addressing critical security vulnerabilities identified in recent months according to developer reports.
The upgrade aims to replace the compromised Orchard pool, with Project Tachyon designated as the initiative responsible for the security verification process. ZEC has shown significant momentum, posting a 13.2% price increase over the last 14 days. This performance stands in contrast to peers like Monero (XMR) which have faced regulatory hurdles, suggesting market optimism regarding Zcash's ability to resolve potential counterfeiting issues.
ZEC is currently trading near $465 (as of May 22, 2026 close), with traders eyeing resistance targets at $500 and $550. Looking ahead, market participants are focused on the upcoming speech by Fed Governor Waller later today, which serves as a key macro catalyst for risk-on assets ahead of the scheduled July upgrade.