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The first Halving of Zcash is approaching, and a new version upgrade is imminent. ZEC rises above $60.
The privacy coin Zcash is about to undergo its first halving, and the block reward will drop by half at a specific height. This change is expected to have a significant impact on the network.
At the same time, the Zcash technical team announced a major upgrade plan. They will launch a new network version in the middle of this month and introduce a brand new funding model aimed at promoting the project's development towards a more decentralized direction.
These messages seem to have a positive impact on the market. The price of ZEC coin has seen a significant increase, rising nearly 6%, and breaking through the $60 mark.
These changes reflect that Zcash is working to optimize its economic model and governance structure. Halving may affect token supply, while the new funding model is expected to support long-term development. The market has responded positively to these initiatives, but their long-term impact remains to be seen.