Horizen Announces November 4 Bridge Cutoff Amid Ecosystem Transition
Horizen users must move assets before the bridge shuts down as the project winds down its Layer 3 and shifts to Base.
Horizen users must move assets before the bridge shuts down as the project winds down its Layer 3 and shifts to Base. Ethereum (ETH) is trading at ₹2,12,808 ($2,238.14), down 0.8% since this brief published. This is an original Token Times brief based on reporting by NewsBTC, with live market data added, as of Mon, 02 Nov 2026 19:45:02 UTC.
The bridge cutoff marks a significant step in Horizen's transition to Base, affecting holders of ZEN, ETH, and USDC who must act before the deadline to avoid complications.
- Horizen bridge will shut down on November 4.
- Users must move ZEN, ETH, and bridged USDC before the deadline.
- Transition to Base aims to enhance ecosystem efficiency.
Horizen has announced a November 4 deadline for users to move their assets from its bridge as the project transitions to the Base network. This move is part of a broader recovery plan aimed at winding down the Layer 3 infrastructure.
The plan treats different assets distinctly: ZEN, ETH, and bridged 
USDC will be handled differently during the transition. Users are advised to act before the cutoff to ensure their assets are secure and accessible.
The transition to Base is intended to improve the efficiency and scalability of the Horizen ecosystem. This shift is significant for holders of the affected assets, who must navigate the changes to avoid potential losses.
As of now, the Base network's Total Value Locked (TVL) stands at $2.83 billion, with a 7-day increase of 0.2%, according to DeFiLlama. The circulating supply of USDC is $71.16 billion, indicating a stable demand for the stablecoin.
The broader crypto market remains in a downturn, with 
Bitcoin down 1.07% in the last 24 hours and the Fear & Greed Index at 37, indicating a 'Fear' sentiment. 
Ethereum is also down 0.25% in the last 24 hours, while USDC has seen a minimal change.
Since this brief published about 2 hours ago, Ethereum (ETH) has moved from ₹2,14,526.07$2,256.21 to ₹2,12,807.93$2,238.14 — -0.80%.
The chart plots ETH's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
Will the price of Ethereum be above $2,400 on November 3?
Crowd-implied probability on Polymarket, ₹18.20M 24h volume, resolves Nov 3 — snapshotted when this brief published (Nov 2 18:05 UTC). A market price reflects what traders collectively expect; it is not a forecast by Token Times and will have moved since. View the market ↗
At today's peer-to-peer rate, 1 ETH ≈ ₹231,199.86 (about $2,238.14), down 0.8% over 24 hours. The rupee itself trades about 8.6% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · November 2, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Horizen Announces November 4 Bridge Cutoff Amid Ecosystem Tr — questions & answers
What is the deadline for moving assets from the Horizen bridge?
The deadline is November 4.
Why is Horizen transitioning to Base?
The transition aims to enhance the ecosystem's efficiency and scalability.
How will the transition affect USDC holders?
Bridged USDC will be handled differently, but specific details are not provided.
How much is 1 Ethereum worth in rupee today?
About ₹231,199.86 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $2,238.14. The rupee price moves with both ETH's US-dollar price and the USDT/INR rate; use our Ethereum in rupee page for any amount.
Has Ethereum's price moved since this brief was published?
ETH is down 0.80% since this brief first published — trading at ₹2,12,808 ($2,238.14) now versus ₹2,14,526 ($2,256.21) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from NewsBTC. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.