Breaking
Horizen Launches Layer 3 Mainnet on Base, Completing Transition from Layer 1 Privacy Network
- 24h Volume$10.86M
- 24h Low / High$4.716 / $5.13
- Funding Rate+0.0071%
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
- BreakingMSTR SELLS 2.05M CLASS A SHARES FOR $283.8M NET PROCEEDS AND BUYS 1,036 BITCOIN FOR $81.9M AT $79,012 AVG AND...
- BreakingSTRATEGY BOUGHT 1,037 BTC INCREASING HOLDINGS TO 850,364 BTC
- BreakingNYSE TO SETTLE TOKENIZED STOCKS ON AVALANCHE BLOCKCHAIN.
- BreakingNEXPACE plans to burn approximately 95.7 million NXPC tokens in a single transaction in December, representing about...
Don't Miss Breaking News
Follow us to instantly learn about the most important developments in the cryptocurrency world.

