ON_CHAIN_VALUATION
Zcash Valuation & Market Context
Loading page data
ON_CHAIN_VALUATION
ON_CHAIN_VALUATION
VALUATION CONTEXT
These datasets describe price, estimated cost basis and observable behavior. They do not establish that ZEC is overvalued or undervalued. A valuation verdict requires tested thresholds, independent signals and sufficient historical coverage.
—
CoinGecko aggregate trading volume. This measures reported turnover, not order-book depth or net buying.
Unavailable
Current quote compared with 200 consecutive daily observations. Trend describes momentum, not fair value.
—
Current quote / modeled realized price from Unavailable. Includes a shielded-flow estimate; disabled when inputs are stale.
Actual SOPR unavailable
Use observed transparent spends. A shielded pool cost-basis ratio is not a spent-output profit ratio.
—
An aggregate usage/supply observation. It does not establish market demand or justify a target price.
Not connected · unscored
Historical search attention, when available. Incomplete weeks are excluded; a reliable refresh feed and historical validation are needed before assigning a weight.
Daily observations through Unavailable · chart period ALL. The current quote above is separate from these historical series.
USD per ZEC. Realized price is a model of aggregate cost basis, including shielded-flow approximations.
Linear scale. Missing observations leave gaps. A transfer can reset modeled cost basis without a purchase or sale.
Above 1 means market capitalization exceeds modeled realized capitalization. It is not a fair-value threshold.
NUPL = 1 − 1/MVRV. This is another view of the same estimate, not independent confirmation.
Transparent output behavior · ALL. Shielded note ages and private transfers cannot be observed.
Transparent ZEC grouped by time since output creation. Output age is not the age of an owner’s position.
Mean age per positive-value transparent output spent per day. One unit per chart keeps the scale clear.
Worldwide · weekly Google Trends index. Each export is scaled from 0 to 100 within its own window; this is relative search attention, not search volume or buying demand.
CSV snapshot · captured unavailable · latest complete week starts —Manually imported history; automatic daily updates are not connected. Search attention is unscored until a reliable feed and historical validation are available. Source: Google Trends.
The current quote comes from the app’s CoinGecko proxy, polled every 30 seconds with a 60-second server cache. Quotes older than five minutes, failed refreshes and unknown timestamps are not treated as current. Daily model snapshots have a three-day recency limit for current-price comparisons.
Moving averages require consecutive daily prices. Returns use exact calendar-day comparisons. A 365-day high uses daily prices rather than intraday highs. History can remain useful even when delayed; its date stays visible.
Transparent outputs are valued at their creation-day price. The historical replay reconstructs each completed UTC day’s unspent outputs from public creation and spend records. Their creation-day USD prices provide a modeled cost basis, not an owner’s purchase price. Rows awaiting replay retain their previous estimates until verified.
Shielded entries add value at the entry-day price. Exits remove value at the pool’s modeled average basis; migrations transfer that basis. Private transfers and individual acquisition prices are not observable. These estimates can differ from other providers.
Latest modeled cap: — · transparent — · shielded —.
MVRV is market cap divided by modeled realized cap; NUPL is (market cap − realized cap) / market cap. They share the same inputs. SOPR describes observed transparent spent outputs. A modeled shielded pool cost-basis ratio is excluded because it does not measure realized spending profit.
Zero is a valid observation. Missing data leaves gaps and unavailable readings. A quote multiplied into a dated model does not become a newly calculated on-chain snapshot.
Cost basis, momentum, public behavior, shielded adoption and search interest provide different context. No weighted buy/sell zone is published: thresholds need Zcash-specific historical validation and coverage checks. Search interest can rise for positive or negative reasons.
Reported spot volume and market capitalization come from CoinGecko with the quote. Reported turnover does not measure order-book liquidity, net buying or derivatives positioning.