Horizen users have until 8 a.m. ET on November 4 to transfer their assets off the Layer 3 network before a snapshot records balances and staking positions for recovery on the Base network. The Horizen DAO will publish the snapshot for public review and plans to return Horizen (ZEN) tokens, including unclaimed staking rewards, to users on Base in the second half of November. Certain asset-specific rules apply, such as a minimum Ether balance of 0.001 ETH to qualify for return, and bridged USD Coin (USDC.e) is excluded. Users must initiate Ether withdrawals before the deadline, and those with multisig or smart contract wallets should contact Horizen's security team for assistance. This move shifts Horizen's ecosystem activity primarily to Base, where ZEN became an ERC-20 token in July 2025.
Horizen's upcoming November 4 deadline for asset transfers on its Layer 3 network provides context for cryptocurrency market activity. For readers following major cryptocurrencies on Pluang, here is the market snapshot as of Nov 03, 2026 04:34 WIB: out of 50 major cryptocurrencies, 5 rose and 44 fell today. Notable movers include ONE (Harmony) at Rp20 with a 1-day change of -4.96% and 95% sell order activity, CAKE (PancakeSwap) at Rp33,349 down 4.67%, and SAND (The Sandbox) at Rp806 down 4.08%.
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