Recently, there seems to be a trend in the privacy sector, and it appears that American funds are slowly starting to return. It feels like the market is brewing a new round of narratives.

$ZEN has previously been said to migrate its main chain to @arbitrum or Base. This time it has indeed been implemented, directly migrating the main chain to Base. It is not just a simple expansion; it aims to leverage Base's traffic and activity to elevate itself, which can be considered a significant bet.

@horizenglobal is itself an old project that has been working on zero-knowledge since 2017. Now it is starting to make efforts again, likely seizing the opportunity window for privacy compliance. Base is currently the hottest layer two, and it makes sense for ZEN to ride this wave.

From a technical perspective, the trend is relatively healthy. During the pullback, the trading volume has noticeably shrunk. If the short-term moving averages hold up, the resistance area above is around 12; if it breaks through, we could possibly see levels directly reaching 15 to 20.

This type of renovation project is somewhat like when a niche topic is just starting out; not many people are paying attention to it yet, making it easier to position oneself. Just keep an eye on it, and you won't lose out.