Breaking Down Zeus Network — a Project Backed by Co-founders of Solana and Stacks

3 min readApr 15, 2024

Cross-chain communication is as important in the crypto world as mining, as it allows users to transfer assets and data across different chains. Though many protocols and layers have been developed to facilitate this, one project that recently caught investors’ eyeballs is Zeus Network (ZEUS).

It is a cross-chain layer over Solana Virtual Machine (SVM) that allows seamless communication between Bitcoin and Solana. Let’s dig down to learn how crypto celebrities like Anatoly Yakovenko (Solana co-founder) and Muneeb Ali (Stacks co-founder) ended up becoming its angel investors.

A Brief History and Background

Though launched in the first quarter of 2024, Zeus Network saw significant interest from investors as exchanges like KuCoin and OKX listed its native coin, ZEUS. The project recently raised $8M in its seed round, making its total valuation reach $100M.

With a current price of $0.89, ZEUS has a circulating market cap of $894M+ at the press time. Looking at the number of crypto projects released every month, it seems daunting to catch the attention of crypto traders. But thanks to its solid use cases and backing, Zeus Network not only caught the traders’ attention but sustained it.

The Price of ZEUS Rise on CoinEx

Its trading activity on CoinEx shows that the project has seen a surge in trading volume ever since its launch. Now that the Bitcoin halving is just around the corner, the ZEUS coin might see a price surge as it directly facilitates the transfer of Bitcoin liquidity to Solana.

Projects that are either built on the Bitcoin blockchain or serving as a bridge for Bitcoin transactions with other chains are the best candidates for a price surge, and Zeus Network stands as a new-born among them.

Not just that, the names that appear among its angel investors, such as Anatoly Yakovenko and Muneeb Ali, represent that Zeus Network is a use case-oriented project that is here to stay.

Speaking of the use case, Apollo is the first-ever dApp that has already been built on top of the Zeus layer, with the purpose of optimizing the liquidity pathways for Bitcoin within the Solana ecosystem. This shows that Zeus ecosystem can gain traction not just from investors and traders but also from developers.

With all this in notice, the ZEUS coin still has to surpass its recent all-time high of $1.112 to encourage whales and long-term investors to invest in it. The upcoming Bitcoin halving will show how this new project performs among the big guns of the market. If you’re interested in trading ZEUS, the best place to get outstanding volatility and prices is CoinEx.


Disclaimer: Please note that the information provided on this website is intended for informational purposes only. CoinEx assumes no liability for any financial losses resulting from cryptocurrency trading. It is advised that you conduct your research.

About CoinEx

Established in 2017, CoinEx is a global cryptocurrency exchange committed to making trading easier. The platform provides a range of services, including spot and margin trading, futures, swaps, automated market maker (AMM), and financial management services for over 5 million users across 200+ countries and regions. Founded with the initial intention of creating an equal and respectful cryptocurrency environment, CoinEx is dedicated to dismantling traditional finance barriers by offering easy-to-use products and services to make crypto trading accessible for everyone.