Horizen has recently unveiled its EVM-compatible ecosystem, the Horizen EON mainnet, marking a significant advancement in its next-generation multichain ecosystem. This announcement was made via Horizen's official X/Twitter account and a subsequent official post to apprise users of the launch.

According to the post, the Horizen team spearheads the development and operation of Horizen EON. This EVM-compatible sidechain and smart contracting platform are poised to play a pivotal role in Web3. Horizen is committed to offering a leading-edge solution, characterized by its customizable, interoperable, permissionless, and multi-chain network architecture.

Horizen EON stands out among the various sidechains for smart contracts on Horizen, attracting new Web3 users and developers. Dubbed Horizen Ethereum Open Network (EON), it represents a scalable blockchain platform tailored for streamlined dApp development. Leveraging the Ethereum Virtual Machine (EVM), Horizen EON taps into Ethereum's extensive community and resources to facilitate seamless dApp creation.

Recognizing Ethereum's role in driving smart contract adoption and DeFi ecosystems, Horizen positions itself at the forefront of development with Zendoo, its ZK-based cross-protocol and horizontally scalable solution. The launch of Horizen EON signifies an expanded horizon for Horizen, opening up new opportunities across the dApp and smart contract industry, thereby enhancing the market appeal of ZEN.

With the introduction of EON, Horizen extends a diverse range of services to users, including access to grants, liquidity, and more, along with comprehensive tools for seamless dApp deployment and integration, and business development support. The EON ecosystem already boasts several partners and supporters, including Stably, LayerZero, Pyth, Tatum, Ankr, Third Web, and Band Protocol, with the promise of continued growth in partnerships as the ecosystem expands.