horizen

The Layer 3 network of Horizen has officially launched its mainnet on Base, completing the latest phase in the evolution of this historic privacy network.Although this launch coincides with a renewed interest in "privacy coins," Horizen officially initiated its transition from Layer 1 to Layer 3 back in February of this year, after the DAO had resolved to gradually phase out the old chain.

According to the official announcement, OKX will open deposits for Horizen (ZEN) on November 17, 2025, at 21:00. The ZEN/USDT spot trading will start on November 18, 2025, at 14:00, and the withdrawal time will be on the same day at 16:00. Users can place orders in advance from 13:00 to 14:00 on November 18.

According to the official announcement, OKX will officially launch the ZENUSDT perpetual contract on November 3, 2025, at 2:00 PM (UTC+8) on the web, App, and API.It is reported that Horizen is a blockchain ecosystem focused on achieving privacy and scalability through sidechains. The platform enables businesses and developers to create their own public or private blockchains and decentralized applications on its distributed network.

ChainCatcher news, according to The Block, the Horizen blockchain has migrated its native token ZEN from the original L1 main chain to the Base chain and converted it into a standard ERC-20 token as part of its Horizen 2.0 three-layer privacy application chain deployment. The total supply of ZEN remains unchanged at 21 million.The project team stated that this is the first step for Horizen to restart its ecosystem with a focus on privacy. Previously, Coinbase announced that it would automatically complete the conversion from the main chain ZEN to the Base chain ERC-20 token for users.

ChainCatcher news, according to the official announcement, Binance will support the contract swap plan for Horizen (ZEN). Please note the key changes in token economics after this event:The circulating supply will immediately increase from 16 million to 17.25 million; the total supply will reach 21 million over the next 48 months; the newly added ZEN tokens will be allocated to the Horizen Foundation and the DAO treasury;

ChainCatcher news, according to RootData data, the Horizen token (ZEN) has increased by 33.65% in the last 24 hours, currently priced at $38.38.Previous news, the SEC's official website shows that Grayscale has submitted the Grayscale Horizen Trust (ZEN) 8-K form.According to the Web3 asset data platform RootData, Horizen is a blockchain ecosystem focused on achieving privacy and scalability through sidechains. The platform enables businesses and developers to create their own public or private blockchains and decentralized applications on its distributed network. The project uses a verifiable cross-chain transfer protocol called Zendoo as its sidechain solution, while also incorporating a zero-knowledge proof protocol (zk-SNARK) to ensure secure communication with the sidechains.

ChainCatcher news, the SEC official website shows that Grayscale has submitted the Grayscale Horizen Trust (ZEN) 8-K form.

ChainCatcher news, according to the popularity index data from the Web3 asset data platform RootData, as of December 20 at 10:18, Horizen has surged 873 places in the Top 50 ranking of rising projects, with its token ZEN experiencing a 24-hour increase of 12.2%.Horizen is a blockchain ecosystem focused on achieving privacy and scalability through sidechains. The platform enables businesses and developers to create their own public or private blockchains and decentralized applications on its distributed network. The project utilizes a verifiable cross-chain transfer protocol called Zendoo as its sidechain solution, while also incorporating a zero-knowledge proof protocol (zk-SNARK) to ensure secure communication with the sidechains.It is reported that RootData has launched the first "Web3 Popular Projects Ranking." This popularity ranking helps users capture the real pulse of attention through 4.3 million instances of real user behavior data, improving the accuracy of user investment decisions. The ranking is calculated in real-time based on weighted factors such as the frequency of searches by platform users, project click-through rates, user votes, and the popularity and influence on the X platform.

ChainCatcher news, Grayscale announced that it will open the Horizen Trust (HZEN) investment channel to eligible investors. The fund allows investors to gain exposure to ZEN tokens in the form of securities.As of December 16, the trust's market price per share is $6.40, with approximately $8.7 million in assets under management.

ChainCatcher message, Binance is expected to suspend the token deposit and withdrawal services for Horizen (ZEN) on September 12 at 15:00 to support its network upgrade. The project team will perform the network upgrade at block height 1,627,572 (expected at 16:00 on September 12).

ChainCatcher message, Horizen posted on platform X stating that the voting on Snapshot for ZenIP 42405 "indicating the Horizen Foundation's request for the migration proposal of ZEN and EON" has concluded, with a final approval rate of 99.99%, and the proposal has been passed.

ChainCatcher message, Binance is expected to suspend the token deposit and withdrawal services for Horizen (ZEN) network on May 6, 2024, at 10:00 AM (UTC+8) to support its network upgrade.This move aims to provide users with a quality experience.The project team will conduct the network upgrade at block height 1,554,150 (expected on May 6, 2024, at 11:00 AM UTC+8).

ChainCatcher message, Binance is expected to suspend the token deposit and withdrawal services for Horizen (ZEN) at 19:00 on February 7, 2024, UTC+8, to support its network upgrade and hard fork.This move aims to provide users with a quality experience.The project team will carry out the network upgrade and hard fork at block height 1,502,800 (expected at 20:00 on February 7, 2024, UTC+8).

ChainCatcher news, the Web3.0 privacy platform Horizen stated on the X platform that ZEN 5.0.0 will execute a network upgrade on the mainnet via a hard fork at block 1502800 on February 7 at 20:00 Beijing time. After the hard fork, users will no longer be able to conduct any transactions involving shielded addresses. The official recommendation is to withdraw funds from the shielded pool before this time and not to deposit funds directly from shielded addresses into exchange wallets.

ChainCatcher message, Binance will support the Horizen (ZEN) network upgrade, with the following arrangements:The project team will conduct the network upgrade at block height 1,466,716 (expected on December 6, 2023, at 18:00 UTC+8);Binance is expected to suspend the token deposit and withdrawal services for the above network at 17:00 UTC+8 on December 6, 2023.

ChainCatcher news, Horizen announced that the decentralized exchange SpookySwap on Fantom Opera has launched on Horizen EON. This is SpookySwap's first DEX multi-chain deployment, supporting deposits and withdrawals of the token ZEN, and USDC can be traded with ZEN and wZEN. Other trading pairs will be enabled once liquidity is sufficient.ChainCatcher previously reported that the Horizen public EVM-compatible sidechain Horizen EON mainnet has officially launched.

ChainCatcher news, Horizen announced the official launch of its public EVM-compatible sidechain and smart contract platform, Horizen EON mainnet. Horizen claims its goal is to become a permissionless, interoperable, and customizable multi-chain network, with EON being the first of many smart contract sidechains on Horizen.

ChainCatcher news, LayerZero Labs tweeted that the cross-chain interoperability protocol LayerZero has launched the Horizen public EVM-compatible sidechain and smart contract platform Horizen EON. Developers based on Horizen EON can now interact with over 40 chains that support LayerZero and the smart contracts deployed on these blockchains. (Source link)

ChainCatcher message, Horizen announced the launch of Horizen DAO, making it easier for community members to participate in governance and express opinions on project direction. Any ZEN holder can vote on Horizen DAO, and users holding or authorized with a sufficient amount of ZEN can propose initiatives to the community.

ChainCatcher news, according to the official blog, Horizen announced the release of ZEN 4.1.0 mandatory software upgrade, which deprecates the main chain shielded pool. Horizen reminds exchanges, mining pools, node operators, and full node wallet users to upgrade to ZEN 4.1.0 immediately if they encounter service interruptions.Previously, the Horizen official blog announced that the community recently approved ZenIP 42204, which deprecates the Horizen main chain shielded pool. After deprecation, all privacy features will be removed from the Horizen main chain at the consensus level. This means that after this change, ZEN will no longer be considered a privacy coin. Horizen stated that the purpose of deprecating the Horizen main chain shielded pool is to ensure that Horizen uses privacy technology in a correct and sustainable manner, mitigating regulatory threats.