EL7.AI
CryptoMedium•27 July 2026•
1 min read

Zcash Ironwood Upgrade to Lock 22% of Circulating Supply

Key Facts

1The Zcash network upgrade is scheduled to execute upon reaching block height 3,428,143 tomorrow.
23.76 million ZEC will be locked in the Orchard private pool, representing 22% of the circulating supply.
3Node operators must install Zebra 6.0.0 to maintain compatibility with the system.

In a move reflecting the ongoing evolution of privacy-focused blockchain protocols, the Zcash network is scheduled to activate its Ironwood upgrade upon reaching block height 3,428,143 tomorrow. According to reports, this upgrade involves locking 3.76 million ZEC units in the Orchard private pool, representing approximately 22% of the current circulating supply. Additionally, node operators are required to install the Zebra 6.0.0 version to maintain compatibility with the updated system.

The primary objective of this transition is to enhance network privacy by migrating funds into the Orchard pool, a shift that could reduce immediate sell-side liquidity due to the significant portion of supply being locked. Based on the available data, this structural change in supply aims to improve system maintenance and security protocols, as market participants watch how the network adapts to this substantial redistribution of assets.

Traders are monitoring the potential impact of reduced circulating supply on future price action, while node operators must ensure their systems are updated to prevent any compatibility issues following tomorrow's activation.