Horizen (ZEN) — price, overview & secure storage
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Last Updated on May 30, 2026 10:16 PM
What is Horizen? Complete guide to ZEN
What is Horizen and who created it?
ZEN is the native cryptocurrency of Horizen, a network of blockchains that utilizes zero-knowledge technology. It is a mineable Proof-of-Work (PoW) coin that is traded on major exchanges like Coinbase, Bittrex, and Binance. Originally a privacy token, ZEN shifted its focus in June 2023 to prioritize adaptability and scalable growth, removing its existing privacy features.
Key features of Horizen blockchain
Horizen's network is powered by the Zendoo protocol, which enables blockchain interoperability through SNARK-verification. This protocol allows for flexibility in sidechain type, consensus, and speed, supporting up to 10,000 sidechains with a throughput limit of 10,000,000 transactions per second (TPS). The network's infrastructure is supported by nearly 50,000 full nodes, and ZEN can be staked to participate in this network.
How Horizen transactions work
Developers can deploy blockchains within the Horizen ecosystem using various SDKs. In 2023, Horizen launched EON, a public proof-of-stake sidechain and EVM-compatible smart contracting platform. This platform allows developers to build and deploy decentralized-applications-dapps/">decentralized applications (dapps) efficiently, benefiting from the Ethereum ecosystem. Since its launch, several DeFi projects have integrated into the Horizen ecosystem, including SpookySwap, Ascent Exchange, and Yuzu.
Wallet for Horizen
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Similar cryptocurrencies to Horizen (ZEN)
| Asset | 24h % | Market cap | |
|---|---|---|---|
 BitcoinBTC | $73,792.62 | 0.62% | $1.48T |
 EthereumETH | $2,021.34 | 0.70% | $0.24T |
 TetherUSDT | $0.9985 | -0.03% | $0.19T |
 BNBBNB | $708.09 | 10.42% | $95.97B |
 XRPXRP | $1.34 | 2.18% | $83.13B |
Frequently asked questions about Horizen (ZEN)
- Horizen is a digital currency powered by blockchain technology. It allows users to send value, access decentralized tools, and participate in the project’s ecosystem.
- Horizen stands out for its performance, cost-effective transactions, and ecosystem support. These strengths make it suitable for various blockchain activities.
- Yes. ZEN is the trading symbol used to identify Horizen on exchanges and charts.
- You can buy Horizen using on-ramp services available in Tangem Wallet or exchanges. After purchasing on an exchange, you can transfer it to your Tangem Wallet.
- Use a cold storage solution to protect Horizen from online threats. Tangem keeps your keys isolated in a secure offline chip.
How to store Horizen securely with a hardware wallet
Tangem products are for everyone, from beginners to experts. They keep your crypto safe and easy to manage. With cutting-edge technology, Tangem lets you control and protect your digital assets.
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Get the Tangem Wallet and take control of your assets with just one tap. It's perfect for anyone new to crypto and offers a great experience for more experienced users too.
Sync Tangem Wallet with our App. During the activation process, the card’s embedded chip generates a random private key, ensuring that the wallet cannot be compromised.
Discover the power of crypto. Manage crypto with balance tracking, secure transactions, and direct purchases or swaps through Tangem Wallet.
Why Tangem is a trusted Horizen hardware wallet
Private. No registration and KYC required to use the app. We don't track your data.
Secure. Your private keys are encrypted and never leave your device. Only you have control over your funds.
Innovative Design Options. Choose from a variety of elegant designs, including unique co-branded editions and our innovative ring-form factor wallet, ensuring both style and functionality.
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