Horizen

ZEN Price

What is the project about? 

Horizen is a modular privacy-first platform designed to make privacy technology, such as zero-knowledge proofs and TEEs accessible and usable across the web. Originally launched in 2017 as a fair launch, non-ICO project, Horizen is now undergoing a major evolution with the launch of Horizen 2.0, a next-generation Layer 3 (L3) appchain deployed on Base, the Ethereum Layer 2 developed by Coinbase.

Horizen 2.0 is built as an Ethereum-aligned Layer 3 appchain on Base, inheriting Ethereum's security while implementing its own application-level integrity guarantees.

Key components of Horizen’s security model include:

Ethereum-Aligned Security: As an appchain deployed on Base, Horizen 2.0 benefits from Base’s rollup security and settlement on Ethereum, ensuring robust finality and composability with other L2 and L3 applications.

Simplified and Secure Architecture: Unlike Horizen’s previous iterations (which used a hybrid PoW/PoS model), Horizen 2.0 focuses on application-level security, decentralization of its privacy layers, and composability with existing infrastructure — reducing complexity and increasing user safety.

Decentralized Privacy Stack: Horizen’s focus on decentralizing privacy infrastructure (e.g., decentralized proof generation) allows for modular, secure applications that uphold data confidentiality without compromising performance.

What makes your project unique?

Privacy-first Approach: Horizen integrates a diverse stack of privacy-enhancing technologies (PETs) — including zero-knowledge proofs (ZKPs), trusted execution environments (TEEs), attribute-based encryption (ABE), multi-party computation (MPC), and fully homomorphic encryption (FHE) — to deliver scalable, flexible, and future-ready privacy solutions across its platform.

First Privacy Appchain on Base: As an L3 on Base, Horizen benefits from Ethereum’s security and Base’s scalability, while enabling a privacy layer for any app on the network. This unlocks new possibilities for private identity, DeFi, onchain gaming, and compliant confidential transactions.

Zero-Knowledge, Without the Trade-Offs: Horizen 2.0 scales ZK privacy and verification by integrating with leading zk infrastructure providers such as Fermah, zkVerify, and Singularity, optimizing proof generation for performance, cost-efficiency, and developer usability.

Token Utility Expansion: ZEN’s updated tokenomics allocates 5 million unminted tokens toward strategic ecosystem growth. ZEN powers DAO governance, serves as a payment token in privacy apps, and supports a sustainability fund to accelerate privacy innovation.

Developer-Centric Design: With EVM compatibility, privacy-friendly tooling, and the ability to embed privacy directly into smart contracts, Horizen allows developers to build privacy-first apps without requiring deep cryptographic expertise.

DAO-Led Governance: Governed by the Horizen DAO and shaped through community proposals (ZENIPs), Horizen is evolving as a fully decentralized protocol with transparent development and decision-making.

What can your coin/token be used for?

Horizen 2.0 delivers performance, privacy, and scalability for developers building privacy-enabled and compliance-friendly applications, with significantly reduced cost and latency.

At the core of the ecosystem is ZEN, the native utility token used for governance, accessing privacy services, and fueling zkApp interactions. With its migration to Base, ZEN becomes an ERC-20 token, improving liquidity, interoperability, and composability across the broader Ethereum ecosystem.

Where can you buy Horizen?

ZEN tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Horizen is Binance, where the most active trading pair ZEN/USDT has a trading volume of $5,705,200.30 in the last 24 hours. Other popular options include BitKan and Pionex.

What is the daily trading volume of Horizen (ZEN)?

The trading volume of Horizen (ZEN) is $20,017,923.93 in the last 24 hours, representing a 13.80% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Horizen (ZEN)?

Horizen (ZEN) reached an all-time high of $165.92 and an all-time low of $3.26. It’s now trading -95.40% below that peak and 133.20% above its lowest price.

What is the market cap of Horizen (ZEN)?

Market capitalization of Horizen (ZEN) is $140,041,762 and is ranked #236 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of ZEN tokens (18 Million tokens are tradable on the market today).

What is the fully diluted valuation of Horizen (ZEN)?

The fully diluted valuation (FDV) of Horizen (ZEN) is $159,774,214. This is a statistical representation of the maximum market cap, assuming the maximum number of 21 Million ZEN tokens are in circulation today. Depending on how the emission schedule of ZEN tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Horizen compare against its peers?

With a price decline of -6.10% in the last 7 days, Horizen (ZEN) is underperforming the global cryptocurrency market which is up 4.00%, while underperforming when compared to similar Smart Contract Platform cryptocurrencies which are up 3.80%.