↑ ZEN Coin Soars Amid Final Halving, Regulatory Scrutiny & Coinbase Pro Launch
Horizen (ZEN) had a sharp rise, reaching a peak worth $30 in a year. This follows Zen's final halving event. The company managed to file an...
The ZEN coin has been gaining impressive traction in the market, stirring heightened interest among crypto enthusiasts. Horizen, the underlying network for ZEN, has undergone a series of impactful events including a final halving event leading to a yearly peak price of $30 for the coin. This surge in price has encountered the interest of major entities like Grayscale, which has filed a Form 8-K with the SEC for a Horizen Trust. Cryptocurrency exchange Binance voiced its support for a Horizen network upgrade, promising a potential for increased operations and value.
The interest in ZEN isn’t waning with ZEN being listed among the top 5 gainers in a particular week and top analysts predicting that the ZEN price could hit $50 between 2024 and 2027. Some reports even suggest that Horizen might move away from being a 'privacy coin' due to regulatory scrutiny.
However, ZEN has encountered challenges in the form of Binance and OKX delisting low liquidity trading pairs for the coin. Despite these challenges, ZEN continues to stay resilient showing a strong bounce back capacity even amid turbulent market conditions.
ZEN Coin News Analytics from Fri, 31 May 2013 07:00:00 GMT to Wed, 02 Apr 2025 07:00:00 GMT - Rating 7 - Innovation 5 - Information 8 - Rumor -5