Horizen is transitioning from a Layer 1 Horizen blockchain to an ERC-20 token on Base. This upgrade is expected to occur on July 23, 2025. Ahead of the migration, send/receive/trading for ZEN will be temporarily disabled between July 16 and July 25. Read more in the thread on what to expect 👇

Coinbase will support this migration, automatically converting your ZEN tokens on L1 to ZEN tokens on Base. On July 16, 2025, the Horizen network will be temporarily disabled on Coinbase to execute this upgrade.