ZEN (Horizen) increased by 17.07% in the last 24 hours

Gate News Bot Message, January 15th, according to CoinMarketCap data, as of press time, ZEN (Horizen) is trading at $11.83, up 17.07% in the past 24 hours, with a high of $12.89 and a low of $8.41. The 24-hour trading volume reached $262 million. The current market capitalization is approximately $210 million, an increase of about $30.6 million from yesterday.

Horizen is a privacy-first, regulation-ready infrastructure platform dedicated to providing on-chain privacy solutions for the new digital economy. The project has launched its Mainnet on the Base chain, integrating zero-knowledge proof technology to offer strategy protection for traders, enable compliant transactions for enterprises, and create new application scenarios for developers.

The Horizen ecosystem includes applications such as ZENDEX (privacy DEX), Gamblor (KYC-free casino), Obscura (social trading platform), and more. The project is supported by the Thrive Protocol developer fund, Aerodrome liquidity support, and Horizen Labs privacy development tools. According to the roadmap, the ZEN token will migrate to the Base mainnet (ERC-20) in Q3 2025, with plans to launch a 1 million ZEN ecosystem fund, the Horizen L3 mainnet in Q4, and in 2026, initiate ZEN staking and release a beta version of the confidential computing environment.

Important recent news about ZEN:

1️⃣ Deepening Base Ecosystem Layout Drives Market Attention The deployment of Horizen’s Mainnet on the Base chain marks a strategic shift towards mainstream Ethereum ecosystem development, with the integration of zero-knowledge proof technology providing technical support for privacy transactions. This layout has attracted ongoing market attention to privacy tracks and Base ecosystem projects, becoming a key factor in recent price increases.

2️⃣ Diversification of Ecosystem Applications Enhances Business Model The launch of multiple applications such as ZENDEX, Gamblor, and Obscura indicates that Horizen is building a comprehensive privacy application ecosystem matrix covering trading, entertainment, social interactions, and more. This diversified ecosystem development helps strengthen investors’ long-term value expectations for the project.

3️⃣ Clear Technical Roadmap Reinforces Development Expectations The project’s clear technical milestones, including the Q3 2025 ERC-20 migration to the Base mainnet, the Q4 launch of Horizen L3 mainnet, the 2026 initiation of ZEN staking, and the launch of a 1 million ZEN ecosystem fund, provide the market with a clear development outlook, helping to maintain investment enthusiasm.

This message is not investment advice. Investors should be aware of market volatility risks.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Crypto Fear & Greed Index Rises to 46, Market Remains in Panic State

Crypto Fear & Greed Index rose to 46, maintaining a 'panic' state; up from 32 yesterday, which also indicated panic.

GateNews19m ago

Grayscale Hints at Bull Market Setup as Bitcoin Holds Critical Breakeven Level

Bitcoin markets are showing signs of a potential bottom as improving price action brings recent buyers back to breakeven. Grayscale points to strengthening positioning as a key signal that sentiment may be shifting toward more bullish conditions. Key Takeaways: Grayscale signaled bitcoin may

Coinpedia26m ago

Bitcoin surges toward 79K, Trump extends the ceasefire deal, and optimistic earnings lift U.S. stocks to fresh record highs

The S&P and the Nasdaq hit fresh highs again yesterday, boosted by the extension of the U.S.-Iran ceasefire and upbeat earnings reports. Crypto prices moved higher in tandem; BTC briefly surged to $79,472 and ETH rose above $2,400, with a 24-hour gain of 3.04%. Bitcoin saw large liquidations totaling $421 million; if it can hold the 78.1K real value, it may be poised to break above 80K, showing bullish momentum.

ChainNewsAbmedia1h ago

ADA Price Outlook as Cardano Lands LSE Tokenized Deal

Key Insights Cardano tokenized a Hannover Re reinsurance product and listed it on the London Stock Exchange, expanding blockchain use in regulated institutional markets. ADA price holds within a descending wedge as support at $0.2400 remains intact while resistance near $0.2550 and $0.2824 l

CryptoNewsLand5h ago

SUI Price Eyes $1.10 Breakout as Whale Positions Rise

Key Insights SUI trades at $0.96 with RSI at 53.66, showing neutral momentum while maintaining upside room for expansion toward resistance levels. Whale positioning at 70% long signals strong institutional confidence, aligning with rising open interest and steady capital inflows despite

CryptoNewsLand5h ago

Shiba Inu Open Interest Surges 13.45% in 24 Hours as Futures Activity Accelerates

SHIB open interest rose 13.45% to $69.79M with price up ~3% to $0.000006231. Futures inflows higher; volumes surged. Technicals show 50-day MA support, RSI 55, MACD bullish; potential move beyond 0.000010. Abstract: This report reviews SHIB market activity on Gate News as of April 22. SHIB open interest rose 13.45% to $69.79 million, with the price up about 3% to $0.000006231. Futures inflows exceeded outflows and total volumes rose, while spot and futures taker data showed mixed biases. Technically SHIB found support near the 50-day MA, RSI sits at 55, and the MACD turned positive, signaling a potential breakout and a possible rally beyond the $0.000010 level after a confirmed channel breakout.

GateNews6h ago
Comment
0/400
No comments