Zcash Activates NU7 Fee-Circulation Change
Zcash’s NU7 upgrade activated Shielded Labs’ Network Sustainability Mechanism, removing 60% of transaction fees from circulation.
Zcash’s NU7 upgrade activated Shielded Labs’ Network Sustainability Mechanism, removing 60% of transaction fees from circulation. Zcash (ZEC) is trading at ₹1,19,597 ($1,265.08), up 1.0% since this brief published. This is an original Token Times brief based on reporting by Unchained, with live market data added, as of Fri, 06 Nov 2026 08:00:01 UTC.
NU7 changes how Zcash transaction fees affect supply, making issuance dynamics an immediate area of attention for users and market participants.
- NU7 activated at block 3,543,405
- The upgrade removes 60% of transaction fees from circulation
- Zcash trades at $1,252.29, down 5.33% over 24 hours
- Total crypto market capitalization stands at $2.61 trillion
Zcash’s NU7 upgrade activated at block 3,543,405 at 9:34 p.m. ET Thursday, according to Unchained, which cited Blockchair data. The network change switches on Shielded Labs’ Network Sustainability Mechanism and is described as taking 60% of transaction fees out of circulation rather than allowing the full amount to return to the circulating supply.
The activation is the central development covered by Unchained, and no additional outlet coverage was supplied to independently corroborate the block height, activation time or the stated 60% share. Unchained’s report points to Blockchair data for the activation record, while the fee mechanism itself is associated with Shielded Labs.
The upgrade introduces a new supply-related dynamic for Zcash because transaction fees no longer circulate in their entirety. The immediate mechanism is the removal of the specified fee portion, although the supplied coverage does not quantify the underlying transaction fees or the resulting reduction in Zcash issuance.
Market conditions were broadly negative as the activation occurred. Zcash was priced at $1,252.29, down 5.33% over 24 hours and 0.78% over seven days, with a market capitalization of $21.32 billion. Across the broader crypto market, total capitalization stood at $2.61 trillion, 
Bitcoin fell 6.23% over 24 hours, and the Fear & Greed index registered 28, indicating fear. Attention now centers on how the activated mechanism affects fee flows and Zcash’s circulating supply amid a declining market backdrop.
Since this brief published about 5 hours ago, Zcash (ZEC) has moved from ₹1,18,387.78$1,252.29 to ₹1,19,596.91$1,265.08 — +1.02%.
The chart plots ZEC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 ZEC ≈ ₹131,669.53 (about $1,265.08), down 4.0% over 24 hours. The rupee itself trades about 10.1% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · November 6, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Zcash Activates NU7 Fee-Circulation Change — questions & answers
What did Zcash’s NU7 upgrade activate?
It activated Shielded Labs’ Network Sustainability Mechanism at block 3,543,405, according to Unchained’s report citing Blockchair data.
How many transaction fees does NU7 remove from circulation?
NU7 is described as taking 60% of Zcash transaction fees out of circulation.
How was Zcash performing when NU7 activated?
Zcash traded at $1,252.29, down 5.33% over 24 hours and 0.78% over seven days.
How much is 1 Zcash worth in rupee today?
About ₹131,669.53 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $1,265.08. The rupee price moves with both ZEC's US-dollar price and the USDT/INR rate; use our Zcash in rupee page for any amount.
Has Zcash's price moved since this brief was published?
ZEC is up 1.02% since this brief first published — trading at ₹1,19,597 ($1,265.08) now versus ₹1,18,388 ($1,252.29) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Unchained. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.