Activity-implied ValuationZecScope original
What ZEC would be worth if its activity were priced like other networks — several independent lenses.
▍How it is computed
Each line multiplies an observable (transactions, shielded balance, swap volume, hashrate) by the multiple that observable commands elsewhere, giving an implied market cap. The dashed line is the actual cap.
▍How to read it
The spread between the lines is the point: it shows how much the market's view depends on which activity it chooses to price. Convergence of the lines toward the actual cap has coincided with regime changes.
▍Get the data
GET /api/v1/charts/activity-implied-value
GET /api/v1/charts/activity-implied-value?format=csv
API reference →More in Market & Valuation
ZEC PriceZEC priced in BTCMarket CapitalisationRealised Price & MVRVCost Basis by PoolPool Values in USDRealised Volatility — ZEC vs BTCSpot ETF HoldingsMarket Cap by Coins Issued — ZEC vs BTCDaily Transactions by Coins Issued — ZEC vs BTCOn-chain Volume by Coins Issued — ZEC vs BTC30-day Volatility by Coins Issued — ZEC vs BTCDrawdown from All-time HighCost Basis & Share in Profit by Pool