Horizen (ZEN) Live Price in Rial and USD – Chart & Market Info
Last Update: Friday 5 December 2025, Time: 12:00 (UTC+3:30)
Horizen (ZEN) Market Rank: 182
Market Cap: 165,625,049
24h Volume: 52,447,427
Max Supply: 21,000,000
Total Supply: 21,000,000
Issue Date: 1 June 2017
🔐 Introduction to Horizen (ZEN)
Horizen is a privacy-focused blockchain platform that was launched in 2017 as ZenCash and rebranded to Horizen in 2018. The platform utilizes zk-SNARKs technology to enable anonymous and private transactions.
The native token of the network, ZEN, is used for transaction fees, staking, and participating in network governance. Horizen operates on a Proof-of-Work (PoW) consensus mechanism with the Equihash algorithm and boasts a large node infrastructure.
Key Features
- Privacy: Anonymous transactions using zk-SNARKs.
- Extensive Node Infrastructure: Over 43,000 active nodes for network security and stability.
- Zendoo Platform: Allows developers to create customizable sidechains.
- Sphere Application: A multifunctional wallet with private messaging capabilities.
Use Cases of ZEN
- Paying transaction fees within the Horizen network.
- Staking to contribute to network security and earn rewards.
- Participating in governance votes through ZenDAO.
Horizen focuses on privacy, scalability, and developer flexibility, providing a suitable environment for secure transactions and decentralized application development.
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