Crypto Market Update: $ZEN - Privacy and Scalability Power Horizen's Surge đ
Let's dive into the crypto world! This week's report covers $ZEN - a privacy-focused blockchain with a unique approach to scalability - with a look at its recent performance and future potential.
ZEN (Horizen) đ€«:
2024 Performance: ZEN has seen a massive price surge, including a 90% increase in just one week, reaching a 7-day high of $46.37. It's currently trading at $29.68.
Future Predictions: Analysts predict ZEN could range from $19.54 to $48.68 in 2025, with an average of $31.08. DigitalCoinPrice forecasts a rise to $35.65 by 2025. Where will it settle?
Zendoo Scalability:Horizen's Zendoo protocol allows for up to 10,000 sidechains, handling millions of transactions per second. This could be a game-changer for scalability!
Proof-of-Stake Transition:ZEN is moving from proof-of-work to proof-of-stake in 2025. This shift promises enhanced efficiency and security.
Grayscale's Vote of Confidence: Grayscale Investments launched the Grayscale ZEN Trust, signaling growing institutional interest.
The $ZEN Question:
With its focus on privacy, scalability, and a major shift to proof-of-stake, is ZEN poised to become a leading blockchain platform?
Market Stats at a Glance:
(Disclaimer: This is not financial advice. Do your own research!)
#Horizen #ZEN #Privacy #USUAL