$ZEN is showing strong momentum, currently trading at $6.57, marking a significant +9.22% gain in the last 24 hours.
🔹 Technical Levels: Bulls are testing the $6.64 daily high; immediate support has moved up to $6.10, with the next major resistance target at $7.00.
🔹 Ecosystem Growth: The transition to Horizen 2.0 as a modular Layer 3 on Base has triggered a 400% surge in network activity since January.
🔹 Key Catalyst: Community voting is active for ZenIP42408, a proposal to launch a phased staking program that could further reduce circulating supply.
🔹 Market Outlook: Sentiment is Bullish as high-volume accumulation (+$33M daily volume) suggests a recovery trend toward the $8.00 psychological level.
+3
ZEN
6.931
-2.21%
#zen #KATBinancePre-TGE #MetaPlansLayoffs #BTCReclaims70k #PCEMarketWatch