RootData Heat Index: Horizen's ranking surged by 873 positions, with its token ZEN increasing by 12.2% in 24 hours

ChainCatcher news, according to the popularity index data from the Web3 asset data platform RootData, as of December 20 at 10:18, Horizen has surged 873 places in the Top 50 ranking of rising projects, with its token ZEN experiencing a 24-hour increase of 12.2%.

Horizen is a blockchain ecosystem focused on achieving privacy and scalability through sidechains. The platform enables businesses and developers to create their own public or private blockchains and decentralized applications on its distributed network. The project utilizes a verifiable cross-chain transfer protocol called Zendoo as its sidechain solution, while also incorporating a zero-knowledge proof protocol (zk-SNARK) to ensure secure communication with the sidechains.

It is reported that RootData has launched the first "Web3 Popular Projects Ranking." This popularity ranking helps users capture the real pulse of attention through 4.3 million instances of real user behavior data, improving the accuracy of user investment decisions. The ranking is calculated in real-time based on weighted factors such as the frequency of searches by platform users, project click-through rates, user votes, and the popularity and influence on the X platform.