Breaking
Horizen Launches Layer 3 Mainnet on Base, Completing Transition from Layer 1 Privacy Network
- 24h Volume$15.94M
- 24h Low / High$5.582 / $6.101
- Funding Rate+0.0016%
Data provided by COINOTAG DATA
COINOTAG News, citing The Block, reports that on December 9, Horizen’s Layer 3 network has formally deployed its mainnet on Base, marking a key milestone for this longstanding privacy network. The rollout completes a notable phase in Horizen’s ongoing evolution toward layered architecture and enhanced scalability.
Although the event arrives amid renewed interest in privacy coins, Horizen had already begun transitioning from Layer 1 to Layer 3 back in February, with the DAO voting to progressively retire the old chain. The plan emphasizes an orderly migration and governance continuity.
The milestone could bolster privacy-preserving capabilities on Base and improve interoperability for developers building on the platform. By aligning with a modern execution environment, Horizen reinforces credibility in the privacy network space without overstating expectations.
Other Breaking News
Don't Miss Breaking News
Follow us to instantly learn about the most important developments in the cryptocurrency world.

