Many people see the $ZEUS token and ask: โWhat does this project actually do?โ
In simple terms: ZEUS Network is building infrastructure to connect Bitcoin with other blockchains, including Solana.
๐ฏ The project's goal is to make BTC more useful beyond Bitcoin itself, allowing it to be used in various DeFi applications and other blockchain use cases.
๐ฅ So $ZEUS is not just another memecoin. The focus here is on infrastructure and connections between ecosystems.
But keep in mind: a small market cap means very high volatility and risk.
What do you thinkโcould $ZEUS become one of the more interesting infrastructure projects this cycle? ๐
BTC sets the general tone for the crypto market, but ZEC doesnโt move with Bitcoin 1:1.
๐ Average correlation between BTC and ZEC over the past year is about 0.51. And over the last 30 daysโonly about 0.19.
That means:
๐ข BTC holds the market โ ZEC gets a good tailwind for growth. ๐ด BTC sharply falls โ ZEC may see even stronger volatility. ๐ฅ But if ZEC attracts its own liquidity, it can rise much faster than BTC.
Thatโs why itโs important to look not only at BTC right now, but also at the ZEC/BTC pair.
That means roughly 65% of liquidations were on longs.
At the same time, around $4.8M in shorts is currently in the zone of possible liquidation near $1,345 โ if ZEC suddenly moves upward, a strong short squeeze could begin.
โ ๏ธ The area below $1,313 also contains about $1.3M in longs.
Right now, ZEC is literally caught between two liquidation zones.
โ ๏ธ ZEC: liquidations can become fuel for the next move
Right now, ZEC is in a zone where any sudden move could trigger a chain of liquidations.
๐ป Below the current price โ the long zone: if thereโs a sharp drop, their liquidations can accelerate the decline.
๐บ Above โ the short zone: if ZEC starts rising quickly, short liquidations can turn into a short squeeze (short squeeze โ a sharp rise caused by mass closing of shorts).
The main thing now is to watch not only the price, but also where the liquidity is clustered.
๐ฅ ZEC may first take the liquidations on one side, and then sharply reverse.
NU7 has moved from the discussion stage to actual testing.
On October 2, the first Release Candidate Zebra 7.0.0 for NU7 was released. On October 6 โ launched on the Public Testnet. On October 20 โ a key check before Mainnet. On November 5 โ the current planned Mainnet activation date.
The main change is 75 โ 25 seconds per block.
But NU7 is not only about speed.
๐น Network Sustainability Mechanism ๐น new shielded action limits ๐น disabling old version 4 transactions ๐น preserving a 21M maximum ZEC supply ๐น keeping the current halving schedule
Now the main thing is to see how the Testnet performs from October 6.
ZEC enters October with a very specific technological catalyst. ๐
This isnโt just another update. Zcash is preparing to move from 75-second blocks to 25-second blocks.
What this means:
โก 3x faster block creation โก faster first confirmation of transactions ๐ more opportunities for shielded transactions ๐ก๏ธ new limits to protect the network from overload
After Testnet launches, developers will be monitoring the network for about two weeks.
๐ October 20 โ Mainnet decision ๐ November 5 โ current target date for NU7 Mainnet
Thatโs why the period from October 6 to October 20 may be especially interesting for ZEC.
๐ฅ ZEC: NU7 is already starting to become a reality
On October 2, the Zcash Foundation released the first Release Candidate Zebra 7.0.0-rc.0 for NU7.
๐ October 6 โ NU7 activation on Testnet ๐ October 20 โ final review of testing results ๐ November 5 โ current target date for Mainnet
What changes?
โก Block time: 75 โ 25 seconds ๐ Transaction confirmations become about 3x faster ๐ก๏ธ New limits for shielded transactions ๐ฐ Network Sustainability Mechanism โ 60% of fees are directed to a reserve for future network rewards ๐ The 21M ZEC supply cap remains unchanged
The most interesting part starts on October 6: the market will get the first real data on how NU7 performs on Testnet.
๐ After a sharp drop, the ZEC market has seen widespread liquidations: over the past 24 hours, futures liquidations totaled about $9.66 million, with most being longs.
๐ฆ At the same time, the market is tracking ZEC ETF flows.
๐ ๏ธ And ahead is an important event โ NU7: the testnet is scheduled for October 6, with the mainnet launch on November 5.
ZEC is currently at a point where liquidity + ETF flows + NU7 could significantly affect further volatility. ๐