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.

View Original
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

TAO Up 94.9% Over the Past Month, Bittensor Completes Largest Decentralized LLM Pretraining in History

TAO price continues to rise, reaching new highs at $337.84, with a 24-hour gain of 13.6%. Well-known investor Jason Calacanis expressed bullish sentiment on TAO and invested in its ecosystem projects. Bittensor subnets completed important pre-training, demonstrating their practical application capabilities.

GateNews14m ago

Why Did Bitcoin Rise Today? Trump Plans One-Month Ceasefire, Risk Assets Rally in Sync

The U.S. has presented a 15-point ceasefire proposal to Iran through Pakistan, triggering significant reactions across global financial markets. Oil prices have plummeted, gold has surged, U.S. stock index futures have strengthened, and Bitcoin has rebounded. Amid the volatility, if Bitcoin holds the $68,230 support level, it could rally back to $76,000 by month-end. Market reactions still carry uncertainty and require further confirmation on execution details.

MarketWhisper27m ago

Citigroup Slashes Bitcoin and Ethereum 12-Month Price Targets, Citing Stalled U.S. Crypto Legislation Weighing on Upside Catalysts

Citigroup has lowered its 12-month price targets for Bitcoin and Ethereum, signaling a shift toward caution on the cryptocurrency market's medium-term outlook, primarily due to slow progress in U.S. crypto asset legislation. Bitcoin's target was reduced from $143,000 to $112,000, while Ethereum's fell to $3,175. Despite upside potential remaining in the future, the lack of new policy catalysts suggests prices may oscillate within a range in the near term. Citigroup's assessment of Ethereum is more cautious, as it believes the asset is more significantly impacted by on-chain activity.

区块客54m ago

Cryptocurrency Fear and Greed Index Rises to 14, Market Remains in Extreme Panic State

Gate News report: On March 25th, data from Alternative.me shows that today's cryptocurrency Fear and Greed Index stands at 14, up from 11 yesterday, but market sentiment remains in "extreme fear" state.

GateNews1h ago

AI and Interoperability Lead the Charge – Analyzing Today’s Top Crypto Gainers

The crypto market is currently experiencing a strategic shift in that investor interest has moved from stagnant legacy crypto assets to those that exhibit high utility and technological barriers. According to the latest data from CoinMarketCap’s Gainers list, over the last 24 hours the two

BlockChainReporter2h ago

Bitcoin jolted modestly higher on Iran ceasefire report; oil tumbles 4%

The crypto market experienced a slight recovery following news of a potential one-month ceasefire in negotiations involving U.S. envoys. This led to a drop in oil prices and a brief rise in Bitcoin, with U.S. stock futures also gaining.

CoinDesk4h ago
Comment
0/400
No comments