Zcash tests $1,300 as NU7 upgrade coincides with ETF outflows
Zcash traded near $1,300 in CoinJournal’s Friday report, while live data shows the token has since eased to $1,265.
Zcash traded near $1,300 in CoinJournal’s Friday report, while live data shows the token has since eased to $1,265. Zcash (ZEC) is trading at ₹1,19,638 ($1,271.20), up 0.5% since this brief published. This is an original Token Times brief based on reporting by CoinJournal, with live market data added, as of Sun, 08 Nov 2026 13:00:01 UTC.
Zcash’s upgrade-linked momentum is occurring alongside sustained withdrawals from a spot ZEC ETF, highlighting tension between network development and institutional fund flows. The $1,340 level is the immediate technical marker to monitor.
- CoinJournal linked Zcash momentum to the NU7 upgrade
- ZEC traded near $1,300 before easing to $1,265
- Grayscale’s ZCSH ETF lost $10.99 million in one day
- Weekly ZCSH withdrawals reached $14.77 million
- Zcash Price Tests $1,050 as Traders Eye Potential Dip-Buying Opportunity
- Zcash Whale Invests $14M in ZEC Ahead of Major Speed Upgrade
- Zcash NU7 Upgrade Set for November 5 with Zebra Security Fixes
- Zcash’s NU7 Upgrade Targets Long-Term Network Security
- Zcash tests $1,300 as NU7 upgrade coincides with ETF outflows — this brief
- Zcash Upgrade, Aave Acquisition Lead November 6 Crypto Roundup
- Zcash Cuts Mainnet Block Target to 25 Seconds in NU7 Upgrade
CoinJournal reported that 
Zcash was trading around $1,300 on Friday, outperforming the broader crypto market as the NU7 upgrade fueled bullish momentum. The report focused on the token’s technical position while noting that the network upgrade was helping shape near-term sentiment; no additional upgrade details were provided.
Fund flows moved in the opposite direction. Grayscale’s Zcash-focused ETF, ZCSH, recorded $10.99 million in net outflows on Thursday. Those withdrawals took the ETF’s weekly total to $14.77 million, according to CoinJournal.
CoinJournal identified $1,340 as Zcash’s immediate resistance level. It said a confirmed breakout could open a path toward $1,698, while $1,216 and $1,112 were viewed as key support levels. Live data shows ZEC at $1,265, down 2.59% over 24 hours but up 1.22% over seven days, putting the token below the reported resistance and within the outlined support area. Its market capitalization stands at $21.54 billion.
The broader market backdrop is subdued: total crypto market capitalization is $2.61 trillion, 
Bitcoin is down 0.14% over 24 hours, and the Fear & Greed Index stands at 28, indicating fear. With Zcash’s upgrade momentum, ETF withdrawals and technical levels in view, the next session’s ability to hold $1,216 and regain $1,340 are the principal conditions cited in the report; no price prediction is implied.
Since this brief published about 2 days ago, Zcash (ZEC) has moved from ₹1,19,054.82$1,265.00 to ₹1,19,638.33$1,271.20 — +0.49%.
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 ≈ ₹128,912.39 (about $1,271.20), down 1.2% over 24 hours. The rupee itself trades about 7.8% 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.
Zcash tests $1,300 as NU7 upgrade coincides with ETF outflow — questions & answers
What was driving Zcash’s reported momentum?
CoinJournal linked the bullish momentum around Zcash’s Friday trading near $1,300 to the NU7 upgrade.
How much left Grayscale’s Zcash ETF?
ZCSH recorded $10.99 million in net outflows on Thursday, bringing weekly withdrawals to $14.77 million.
Where is Zcash trading now?
Live data places Zcash at $1,265, down 2.59% over 24 hours and up 1.22% over seven days.
How much is 1 Zcash worth in rupee today?
About ₹128,912.39 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $1,271.20. 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 0.49% since this brief first published — trading at ₹1,19,638 ($1,271.20) now versus ₹1,19,055 ($1,265.00) 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 CoinJournal. 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.