Zen (ZEN) is a privacy-focused cryptocurrency that has seen growing attention from investors. As one of the cryptocurrencies invested by the major digital asset management firm Grayscale, ZEN shows promising potential. This article will analyze how to invest in ZEN from aspects of technology, market condition, major holders, price prediction and available investment products.
The unique technology of ZEN makes it stand out
ZEN originated from a fork of ZCash, inheriting advanced cryptographic features like zk-SNARKs for transaction anonymity and privacy. But ZEN has evolved with its own innovations. The Zendoo sidechains allow easy creation of new blockchain solutions while still securing assets on the ZEN mainnet. With fast and low-cost transactions, ZEN aims to power Web 3.0 and enterprise adoption.
Strong market performance and community support
Despite market volatility, ZEN has shown impressive growth since its launch. Grayscale Research predicts the price could reach $1,761 by 2025. As one of the top 100 cryptocurrencies by market cap, ZEN enjoys an active developer and user community. Major partnerships and integrations also drive real-world usage.
Key cryptocurrency funds have invested in ZEN
As aprivacy-focused blockchain project with technology for enterprise usage, ZEN has caught the attention of institutional investors. Grayscale launched a dedicated Horizen (ZEN) Trust allowing accredited investors like hedge funds to gain exposure through a SEC-regulated vehicle. This shows the long-term confidence that major crypto investment funds have in ZEN.
How investors can gain exposure to ZEN
For those interested to invest in ZEN, the easiest option is to buy ZEN coins directly on cryptocurrency exchanges like Binance and hold them securely in a wallet. Alternatively, accredited investors can invest through Grayscale’s ZEN Trust without the need to directly handle the cryptocurrency. Either way, ZEN deserves consideration for investors seeking diversified exposure in the growing blockchain space.
With solid technology foundation, strong market potential and backing of institutional investors, ZEN is an promising digital asset for investors to consider allocating strategic percentage into.