$ZEN Token is experiencing significant positive Price movement and Market sentiment is Cautiously Bullish, driven by its recent successful Migration to the Coin Base Developed Base Network and ongoing Ecosystem Developments.
Horizen successfully Migrated its native #zen Token from its Legacy Main Chain to the Base Network as an ERC 20 Token. This move is seen as a significant Bullish Catalyst that improves Liquidity, Interoperability and Composability within the broader Ethereum Ecosystem.
The Horizen DAO is actively managing the Ecosystem, with recent proposals aiming to boost Liquidity on Decentralized Exchanges without creating Selling Pressure.
While ZEN remains a volatile Asset, the Fundamentals related to its Privacy Focus, Zero Knowledge Proof Technology and Migration to the Base Layer 2 Solution provide a Strong Long Term use case.
Investors are currently optimistic due to the significant recent Gains and Strategic Developments but Caution is Advised due to inherent Crypto Market volatility.