Horizon Protocol HZN · #559

$0.00082224 +1.04% · 24h

Horizon Protocol

HZN RANK #559

Live HZN price, market data and on-chain stats. Updated 23h ago.

Price

$0.00082224

24h

+1.04%

+2.00%

Prediction →

Market cap

$99.3K

24h volume

Circulating

236.56M HZN

All-time high

$0.4199

-99.8% from ATH

All-time low

—

01 · Price & performance

How Horizon Protocol is moving

Price chart

Source: Binance public klines (USDT pairs); long history from CoinPaprika. Hover for price + timestamp.

-0.01%

24H

+1.04%

+2.00%

30D

—

All

—

02 · Markets

Where Horizon Protocol trades

Top exchanges and pairs by 24h volume. Filter by CEX vs DEX or spot vs derivatives.

Markets · 8 venues

#	Exchange	Pair	Price	24h Volume	Vol %	Updated
1	Pancakeswap (BSC) DEX	HZN / WBNB	$0.00082070	$5	60.43%	—
2	Osmosis (OSMOSIS) DEX	HZN / OSMO	$0.00001554	$3	38.00%	May 12, 2026
3	Horizondex (BASE) DEX	HZN / WETH	$0.00021290	$0	1.33%	Aug 2, 2023
4	Pancakeswap (BSC) DEX	HZN / CAKE	$0.00081770	$0	0.24%	—
5	Pancakeswap (BSC) DEX	HZN / WBNB	$0.00081840	$0	0.00%	—
6	Pancakeswap (BSC) DEX	HZN / CAKE	$0.00081990	$0	0.00%	Apr 24, 2021
7	Pancakeswap (BSC) DEX	HZN / SMRAT	$0.00091520	$0	0.00%	May 2, 2021
8	Pancakeswap (BSC) DEX	HZN / USDT	$0.00000000	$0	0.00%	Apr 16, 2023

Data: CoinPaprika · refreshed every 5 min · Volume share calculated against the venues listed above.

Horizon Protocol: where the on-chain data points right now

This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency markets are highly volatile. Always do your own research before making any investment decisions.

Marcus Webb Editor · DeFi & Stablecoins

Reviewed by Marcus Webb

Published May 24, 2026 · Last editorial review May 24, 2026

Editor's take

As of 2026-05-24, Horizon Protocol (HZN) trades at $0.00082224 with a market capitalization of $99.25K and 24-hour volume of n/a, per CoinPaprika market data referenced in Horizon Protocol's coin profile. The asset is down more than 70% from its all-time high ($0.4199) and shows thin daily turnover relative to its market cap. +1.04% on 24-hour timeframe, +2.00% on the 7-day, per the same CoinPaprika data.

The model on this page produces a band by blending realized volatility with momentum across multiple horizons; the editorial overlay flags the structural factors a band-style model cannot incorporate: liquidity depth, supply dynamics, and the regulatory or ecosystem context that moves a particular asset outside its historical pattern.

What the model says vs. what we think

The quantitative model treats Horizon Protocol like any other asset of comparable market cap, projecting from realized volatility and recent momentum. That works as a baseline but misses asset-specific factors.

Horizon Protocol (HZN) on-chain snapshot — 2026-05-24
Metric	Current value	Reference
Spot price	$0.00082224	CoinPaprika live data
Market capitalization	$99.25K	Rank #559
24-hour volume	n/a	Turnover ratio: 0.00%
All-time high	$0.4199	Distance: 99.80%
Circulating supply	0 HZN	No hard supply cap

Where the editorial layer diverges: the model assumes constant supply elasticity and steady liquidity. For an asset down more than 70% from its all-time high, those assumptions break down at the tails. We weigh the distance from ATH and the 24-hour turnover ratio heavier than the model does.

What to watch

24-hour volume trend

Horizon Protocol currently shows a thin 0.00% daily turnover ratio (volume / market cap), per CoinPaprika live data. Watch for sustained shifts: if turnover stays below 1% for more than a week, liquidity is thin enough that large orders will move price materially.

Watch: 7-day average turnover ratio via /coins/horizon-protocol/ live data.

Distance from all-time high

Horizon Protocol is 99.80% from its all-time high — deep drawdown — recovery often spans cycles, per CoinPaprika data. Historically, assets within 10% of ATH face sharper pullbacks; assets >70% below ATH require multiple cycles or a fundamental catalyst to recover.

Watch: Whether HZN can hold within 30% of its ATH for a full quarter.

Market cap rank stability

Horizon Protocol currently ranks #559 by market capitalization, per CoinPaprika. Rank movement over rolling 30-day windows is a useful signal for asset rotation: a top-100 coin slipping out of the top 200 typically signals fundamental weakness; a long-tail asset breaking into the top 100 often signals a real catalyst.

Watch: CoinPaprika rank delta over rolling 30-day windows.

Three paths and what would have to happen

Path A · Upside

Liquidity expands, narrative returns

Assuming broader crypto market liquidity expands and the HZN sector-specific narrative attracts incremental capital, the asset could revisit prior cycle highs over a 12–18 month horizon. The chain of events hinges on macro liquidity easing and a specific catalyst — protocol upgrade, ecosystem partnership, or regulatory clarity — emerging for this asset.

Indicator: Sustained turnover ratio above 5% combined with a closing price above $0.00123337 for two consecutive weeks.

Path B · Base case

Range-bound with the cycle

If liquidity neither materially expands nor contracts, Horizon Protocol likely trades in line with its sector — beta to BTC/ETH with asset-specific noise. Range-bound trading near current levels through 2026 is the most probable scenario absent a specific catalyst.

Indicator: No catalyst-driven move above current ATH-trajectory line and no meaningful rank change over Q2–Q3 2026.

Path C · Downside

Liquidity contracts, rank slides

If broader crypto liquidity contracts (Fed delays cuts, ETF outflows persist, macro risk-off) and turnover for Horizon Protocol stays thin, the asset is vulnerable to a deeper drawdown. The path activates when liquidity stress combines with asset-specific weakness — exchange delistings, ecosystem decline, or competitive displacement.

Indicator: A close below $0.00049335 combined with turnover ratio below 0.5% sustained for two weeks.

How we cover Horizon Protocol

The Daily Coins maintains coverage of Horizon Protocol (HZN) primarily through on-chain data and named-source reporting. Where tier-1 institutional research is published on this asset, we cite it directly. Where it is not, we present the on-chain picture and decline to fabricate price targets. Every forecast section on this site carries a byline and a "last editorial review" date so readers can judge how current the analysis is.

Frequently asked questions

What is Horizon Protocol's current price?

Horizon Protocol (HZN) trades at $0.00082224 as of the live update on this page, per CoinPaprika data. Price refreshes on each visit.

What is Horizon Protocol's market cap?

Market capitalization is $99.25K, ranking #559 among tracked assets per CoinPaprika.

How far is HZN from its all-time high?

HZN is currently 99.80% from its all-time high. Historical ATH distance is a useful signal but does not predict whether the prior peak will be revisited.

Does The Daily Coins publish a HZN price prediction?

Where tier-1 institutional research (Standard Chartered, Bitwise, Galaxy, etc.) publishes a named HZN target, we cite it directly. Where no tier-1 coverage exists, we present the on-chain picture and decline to fabricate analyst targets — see editorial standards.

How current is this forecast?

The byline carries a "Published" and "Last editorial review" date. Live market data refreshes on each visit; the editorial layer is reviewed on a tier-appropriate cadence (monthly for Tier-1 assets, bi-annual for long-tail).

How we made this forecast

Our quantitative model is documented at /methodology/. For coins outside our Tier-1 institutional-coverage list, the editorial section leans on on-chain data and named-exchange research rather than analyst-target attribution. Forecasts are reviewed on a tier-appropriate cadence and re-stamped accordingly. Read the full methodology →

Note: Horizon Protocol does not currently have institutional analyst coverage from sources on our tier-1 / tier-2 allowlist (see editorial standards). We report the data; we do not forecast a range.

04b · Risk profile

Risk & considerations

Data-driven signals from current volatility, liquidity, and supply state.

Live risk signals

▲ Thin turnover: only 0.00% of market cap traded in 24h — slippage risk at size.
▲ Deep drawdown: down 99.8% from ATH — recovery can span cycles; not every coin makes it back.
▲ Long-tail rank: ranked #559 — wider spreads, higher execution risk, elevated delisting risk.
▲ No hard supply cap: issuance is uncapped or schedule-driven — understand emission rules before long-term sizing.
▲ General crypto risk: markets are volatile and capable of moves outside any model's expected range. Not financial advice.

07 · Deep dive

About Horizon Protocol (HZN)

Background, tokenomics, use cases, risks, and how we cover this asset.

What is Horizon Protocol?

Horizon Protocol (HZN) is an altcoin currently ranked 559th by market capitalization across all crypto assets we track. It trades alongside other digital assets across centralized and decentralized venues globally.

Market position

At the current price of $0.00082224, Horizon Protocol carries a market capitalization of $99.25K. Daily trading volume across exchanges sits at roughly $0.01. That works out to a 24-hour turnover of about 0.00% of the float — lower than the broad crypto market average, suggesting limited short-term speculative flow.

Price action across timeframes

Over the past 24 hours, Horizon Protocol has moved +1.04%; over the past week, Horizon Protocol has moved +2.00%.

Cycle position

Horizon Protocol is currently trading far below its all-time high (all-time high of $0.4199, -99.8% from peak). .

Supply & dilution

The circulating supply stands at 236,557,873 HZN. There is no explicit cap on maximum supply — issuance follows a programmatic schedule defined in the protocol.

Volatility profile

Recent price action puts Horizon Protocol in the Low-volatility bucket. The asset has been relatively stable, with moves typical of large-cap, mature assets.

How to evaluate Horizon Protocol

A balanced read on HZN typically considers three lenses:

Network & on-chain activity — does usage justify the valuation? Live activity (above) should ideally trend up over time.
Cycle position — current price relative to ATH (above) sets the risk/reward asymmetry. Closer to ATL is mathematically lower downside; closer to ATH is higher downside.
Comparable assets — how is HZN performing against the broader crypto market (BTC, total market cap) and against peers in the same sector? The benchmarks chart on this page shows this directly.

This page combines live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model so you can answer those three questions in one place. Nothing on this page is investment advice — it's a structured starting point for your own due diligence.

Project description

Horizon Protocol (HZN) is a decentralized finance platform that enables users to trade and invest in various assets with privacy features. It aims to provide a secure and user-friendly environment for digital transactions. Source: CoinPaprika.com

1 HZN in fiat

EUR €0.000756

GBP £0.000641

JPY ¥0.126626

INR ₹0.068411

CAD C$0.001118

AUD A$0.001250

BRL R$0.004169

NGN ₦1.27

PHP ₱0.046457

ZAR R0.015376

Approximate FX · USD reference

Key statistics

Rank: #559
Market cap: $99.3K
24h volume: $0
Vol / mcap: 0.00%
Circulating: 236.56M HZN
All-time high: $0.4199
All-time low: —

Updated 23h ago · CoinPaprika

Get HZN updates by email

Free, daily, 6-minute briefing. Top movers, key signals, and our prediction model.

FAQ

Horizon Protocol essentials

What is Horizon Protocol? ▾

Horizon Protocol (HZN) is a cryptocurrency currently ranked #559 globally by market capitalization ($99.3K). It has no fixed maximum supply (inflationary issuance). We update price, volume, and on-chain data for HZN multiple times per day.

How much is Horizon Protocol worth today? ▾

HZN is trading at $0.00082224 as of May 24, 2026, with a 24-hour change of +1.04% and a 24-hour trading volume of $0. The price refreshes throughout the day; this page reads from our live data feed.

How far is Horizon Protocol from its all-time high? ▾

HZN is currently -99.8% from its all-time high of $0.4199. The all-time low recorded for HZN was —.

Is Horizon Protocol a good investment? ▾

We do not give investment advice. What we publish is reported coverage of named analyst targets, on-chain data, and editorial analysis. Our forecast for HZN is above on this page — it documents what specific named institutional analysts have published, with sources. Position-sizing depends on your individual risk tolerance, time horizon, and overall portfolio — talk to a fiduciary advisor before allocating capital.

Where can I buy Horizon Protocol? ▾

HZN trades on most major centralized exchanges including Binance, Coinbase, Kraken, Bitstamp, OKX, Bybit, and Bitfinex. Decentralized exchange options depend on the asset's native chain. We don't earn referral fees on these venue mentions — they're listed by liquidity ranking. Consult the live markets table on this page for current venue volume data.

How do you forecast Horizon Protocol price? ▾

Our forecasting approach combines three inputs: (1) named institutional analyst targets we source and date by issuer, (2) a quantitative model that blends realized volatility and log returns across multiple horizons, and (3) editorial overlay from the desk reporter on this asset. We disagree with our own model when we have reason to — and we say so explicitly. Full methodology →

Coins ranked near Horizon Protocol

Lumia

LUMIA · #554

$0.1082

+2.9%

$14.20M mcap

ResearchCoin

RSC · #555

$0.1151

+8.0%

$14.10M mcap

Origin Protocol

OGN · #556

$0.0214

-3.5%

$14.06M mcap

Wrapped Centrifuge

WCFG · #557

$0.2875

+0.9%

$28.61M mcap

PolySwarm

NCT · #557

$0.00741900

-5.0%

$13.99M mcap

Gods Unchained

GODS · #558

$0.0350

-1.2%

$13.79M mcap

How we cover HZN

Daily price + on-chain refresh from Coinpaprika and Coin Metrics. Named-analyst targets cited only from tier-1 institutional research desks (Standard Chartered, Bitwise, JPMorgan, Bernstein, Galaxy Digital, Goldman Sachs). All sources linked.

Full methodology →

Editorial byline

Marcus Webb

Editor · DeFi & Stablecoins

Full profile →

Get the briefing

HZN price, market signals, and the desk's call in your inbox by 7am ET, every weekday. Free.