Crypto Trending Pick: $ZEN – Horizen’s Resilient Comeback

Horizen ($ZEN), launched in 2017, is a privacy-focused blockchain platform renowned for its scalable sidechain architecture powered by the Zendoo protocol. This infrastructure enables developers to build decentralized applications with enhanced privacy and interoperability.

After reaching an all-time high of $168.15 on May 8, 2021, $ZEN experienced a significant decline, hitting a low of $1.87 on December 11, 2022. However, the token has shown remarkable resilience. As of June 1, 2025, $ZEN is trading at approximately $10.79, reflecting a substantial recovery from its previous lows. The 24-hour trading volume stands at $36.24 million, with a market capitalization of $174.40 million. The circulating supply is about 16.05 million ZEN tokens, out of a maximum supply of 21 million.

This resurgence is attributed to Horizen’s continuous development efforts, including the expansion of its EVM-compatible sidechain platform, Horizen EON, and the integration of various decentralized finance (DeFi) projects. These advancements have revitalized investor confidence and positioned Horizen as a notable player in the blockchain ecosystem.