Eli Ben-Sasson, co-founder of Zcash, reiterated his bullish view on the ZEC token in a post on platform X, stating that $2,000 is "unquestionable" and hinting at a long-term target of $5,000. He mentioned that he had predicted ZEC would reach $5,000 elsewhere, but believes $2,000 is more achievable, which is why he made that prediction on the privacy service OffMarket. As of press time, Zcash has fallen 10.23% in the past 24 hours to $1,098, after the market was pressured by inflation data concerns about a potential Federal Reserve interest rate hike. Zcash's NU7 upgrade mainnet decision is scheduled for October 20, 2026.