Horizen, also known as
ZEN coin, has been garnering significant attention in recent times. The cryptocurrency has seen multiple major developments like
Binance supporting Horizenβs network upgrade, Horizen's final halving event, and the coin achieving a yearly peak of $30. The predictions for its price reaching $50 are also gathering momentum.
Grayscale's filing for Horizen Trust gave ZEN a significant boost.Moreover, ZEN is entering mainstream platforms with its launch on
Coinbase Pro and Coinbase, enhancing its accessibility. The process to buy ZEN has now been simplified into four steps. ZEN's utility extends beyond investment, as it's named amongst crypto that can be mined from home computers by 2025.However, the coin is not without controversy. It was stripped of its privacy coin status amid regulatory scrutiny. It faced volatility when
Binance and OKX crypto exchange announced to delist low liquidity trading pairs including ZEN. There was also fear when Grayscale raised uncertainty over whether XLM, ZEC, and ZEN could be securities after an SEC inquiry. Yet, despite such turbulence, ZEN coin managed to maintain an upward trend, even scoring a 60% rise at one point.Interestingly, crypto tokens like
Catizen, RabBitcoin, and
Dogs tokens plunged, but Catizen's listing date and launch are anticipated eagerly. It has even developed a follow-up named
Zen the Panda which raised $250,000 in mere minutes. Not to be left behind, ZEN is making a firm footing in the DeFi market too. Zenrock aims to provide a decentralized custody offering to address DeFi's volatility.
ZEN Coin News Analytics from Fri, 31 May 2013 07:00:00 GMT to Thu, 01 May 2025 07:00:00 GMT -
Rating 9
- Innovation 5
- Information 8
- Rumor -4