About Horizen

Horizen is a distributed blockchain platform enabling truly decentralized applications. The system is composed of the main Horizen blockchain and its tradable ZEN token, a core protocol that behaves as a simple ”truth engine”, and decoupled sidechains that are fully generalizable in consensus and any other design characteristics.

Happening now

AI generated 6h ago

ZEN dropped ↘5% in the last 11 hours, underperforming Smart Contract Platform leaders APT and ALGO.

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MX$100.36

Trading Insights

Buyer Ratio

45%0%

Traders

49

10.91%

Buyers

22

37.14%

Sellers

31

29.17%

Searched

97

Market Stats

Market Cap

MX$1.81B

1.24%

FDV

MX$2.11B

Circ. Supply

18M ZEN

Max Supply

21M ZEN

Total Supply

21M ZEN

Diluted Valuation

MX$2.11B

Performance

Popularity

#194

Dominance

0%

Volume (24H)

MX$191.04M

0.45%

Volume (7D)

MX$1.24B

Volume (30D)

MX$6.57B

All time high

MX$2.95K

Price Change (1Y)

Not enough data

36.06%

Additional details

Market details

ZEN vs markets

↘ 25.92%

ZEN vs BTC

↘ 21.76%

ZEN vs ETH

↘ 50.84%

Tags

medium-of-exchange

platform

communications-social-media

enterprise-solutions

+8

Network & Addresses

Network
Address

Base

0xf43eB8De897Fbc7F2502483B2Bef7Bb9EA179229

Horizen

NA

Price history

Time
Price
Change
Today
MX$100.36
-1.88%
1 Day
MX$101.48
-1.88%
1 Week
MX$106.65
-6.92%
1 Month
MX$92.67
+12.12%
1 Year
MX$175.60
-36.06%

Coinbase insights

Happening now

AI generated 6h ago

ZEN dropped ↘5% in the last 11 hours, underperforming Smart Contract Platform leaders APT and ALGO.


Market Position

Weekly volume fell ↘53% while category peers like APT and ALGO maintain stronger activity

Monthly gains of ↗12% significantly underperform Smart Contract Platform category average

Trading near daily lows with roughly twice as many sellers than buyers

Recent trends

The latest ZEN price is MX$100.36. Compared to Horizen's value of MX$101.48 from 24 hours ago, there's been a -2% decrease, while the current price is -7% down from MX$106.65 which was recorded one week ago. Horizen's all time high is MX$2,949.33, which was reached on May 8, 2021. This is a -97% change from its price today.

The current circulating supply of Horizen is 18,025,052. This is 86% of its max supply of 21,000,000 ZEN and 86% of its total supply of 21,000,000. The market cap is currently MX$1.81B, which is a result of multiplying the current price of Horizen(MX$100.36) by the total supply(21,000,000 ZEN). The fully diluted valuation of Horizen is MX$2.11B. The diluted valuation of Horizen is MX$2.11B.

Horizen had 22 buyers, 31 sellers and total 49 trades in the last 24h. Horizen was searched 97 times in the last 24h.

FAQ

Horizen (ZEN) is a blockchain network that utilizes zero-knowledge cryptography to provide a platform for the development of decentralized applications. It is powered by an extensive node infrastructure and employs the Zendoo protocol to enable blockchain interoperability. The network has the capacity to support up to 10,000 sidechains with a throughput limit of 10,000,000 transactions per second (TPS). Horizen's native digital asset, ZEN, is a mineable Proof-of-Work (PoW) coin that can be staked to participate in the network's extensive node system. The network seeks to provide a permissionless environment where developers can deploy their blockchains using a variety of Software Development Kits (SDKs).

Horizen operates through a network of blockchains powered by the Zendoo protocol, which employs SNARK-verification to enable blockchain interoperability. This allows for flexibility in sidechain type, consensus, and speed. The network has the capacity to support up to 10,000 sidechains, each capable of running up to 1,000 TPS. Developers can deploy their blockchains within the ecosystem using SDKs like Blaze and Latus, which are based on IOHK's Ouroboros proof-of-stake protocol. Horizen's native digital asset, ZEN, can be staked to participate in the network's node system, contributing to the network's decentralization.

Horizen strives to provide a platform for the development of decentralized applications. Its zero-knowledge-enabled network of blockchains allows developers to build scalable blockchains that can support tens of thousands of transactions per second while maintaining decentralization. Additionally, Horizen's sidechain solution, Zendoo, enables the deployment of thousands of independent sidechains that can communicate with the mainchain and each other, expanding the potential use cases for the network.

Horizen was established by Rob Viglione and Rolf Versluis. Rob Viglione, who holds a Ph.D. in Finance and has worked as a scientist in the space industry, is the co-founder and CEO of Horizen Labs and the team lead of the Zen Blockchain Foundation. Rolf Versluis, an experienced business owner in the IT industry and a former officer in the US Submarine force, is the co-founder and executive advisor of the Zen Blockchain Foundation. Jane Lippencott, a member of the founding team and co-author of the original whitepaper, is now a partner at a16z Crypto. Horizen is recognized for its expertise in zero-knowledge-based blockchain technology and has made several advancements in the cryptography space.

We update our Horizen to MXN currency in real-time. Get the live price of Horizen on Coinbase.

The current market cap of Horizen is MX$1.812B. A high market cap implies that the asset is highly valued by the market.

The all-time high of Horizen is MX$2,949.33. This all-time high is highest price paid for Horizen since it was launched.

Over the last 24 hours, the trading volume of Horizen is MX$191.045M.

Assets that have a similar market cap to Horizen include CoW Protocol, Beam, Livepeer, and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of Horizen is 18 million.

Horizen ranks 170 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

Currently, 60% of Coinbase users are buying Horizen. In other words, 60% of Coinbase customers have increased their net position in Horizen over the past 24 hours through trading.

Yes, Horizen is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Horizen guide.

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Social stats

Popularity in posts

#533

Contributors

73

Posts

135

% About Horizen

0.023%

Articles

0

X (Twitter)

33.59% bullish

Sentiment

4.1 ★

Highlights

73 unique individuals are talking about Horizen and it is ranked #533 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Horizen has an average sentiment score of 4.1 out of 5. Finally, Horizen is becoming less newsworthy, with 0 news articles published about Horizen.

On Twitter, people are mostly neutral about Horizen. There were 36.97% of tweets with bullish sentiment compared to 10.08% of tweets with a bearish sentiment about Horizen. 63.03% of tweets were neutral about Horizen. These sentiments are based on 131 tweets.

On Reddit, Horizen was mentioned in 1 Reddit posts and there were 10 comments about Horizen. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.

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