ChainCatcher message, according to RootData data, the Horizen token (ZEN) has risen by 33.65% in the last 24 hours, currently priced at 38.38 USD.

According to previous news, the SEC official website shows that Grayscale has submitted the Grayscale Horizen Trust (ZEN) 8-K form.

According to Web3 asset data platform RootData, Horizen is a blockchain ecosystem focused on achieving privacy and scalability through sidechains. The platform enables businesses and developers to create their own public or private blockchains and decentralized applications on its distributed network. The project uses a verifiable cross-chain transfer protocol called Zendoo as its sidechain solution, while also incorporating a zero-knowledge proof protocol (zk-SNARK) to ensure secure communication with the sidechains.