ZEC — Zcash

Where this stands

Zcash is not in the ranking of the reports in force: the exclusion ground of an all-time high is disputed, and the decision falls on December 8, 2026. The score of 65 out of 100 comes from September 17, 2026 under the old count and is not comparable with the shares of the assets reported since October 3, 2026, which reach at least 65 percent of the obtainable points.

• GEODNET reached 76 points on August 24, 2026. That figure was revoked without replacement on August 26, 2026, because the circulating supply had been expanded by 38.34 percent within twelve months.
• Zcash itself was measured at 67 points on September 10, 2026.
• Ore also reached 65 points on August 24, 2026, but was never reported, because the reporting price is permanently missing.
• Four individual assessments by the project have produced 65 points or more, spread across three assets. Two of those four assessments fall to Zcash (67 on September 10, 2026, 65 on September 17, 2026).

Collected on September 17, 2026, complete first assessment of all twelve criteria.

Contract address

Zcash — its own chain, no contract.

The asset is the currency of its own chain and does not sit as a token on someone else’s. An empty field here would stand for a missing figure — but nothing is missing.

The four cycles

Measured on daily closing prices, never on daily highs or lows. The cycle boundaries are Bitcoin’s own highest and lowest daily closes: January 14, 2015, December 16, 2017, December 15, 2018, November 8, 2021, November 21, 2022, October 6, 2025 and the current low on June 30, 2026. A day counts only if at least ten thousand dollars were traded on it. The price against Bitcoin is given in satoshi — one satoshi is one hundred-millionth of a bitcoin.

If the high of a window comes before the low, the rise is calculated from the low to the next interim high within the same window.

Key figures, as of September 17, 2026

The changes come from the assessment of September 17, 2026 and are not included in the color of the tile: all other assets are based there on the snapshot of August 28, 2026, and two bases in one color scale would not be comparable. Weights and thresholds will be reviewed together on December 8, 2026.

The twelve criteria one by one

Four criteria fully exhausted: survivability, liquidity, sector position, relative strength.

Leaving the starting valuation out, 65 of 86 obtainable points remain, that is 75.6 percent.

Exit depth: 17,072,806.96 dollars

The sum of the bids within two percent below the best bid, collected individually across all nine trading venues and then added up.

* Lower bound: the book could not be read out in full there.

• Without the two largest individual orders 11,844,719.04 dollars remain.
• Counting only the six fully covered venues, it is 15,208,876.63 dollars.
• Three venues — the Binance data mirror, KuCoin and Bitget — are lower bounds, because the book could not be read out in full there.

For comparison: Decred was measured at 75,623 dollars, Lobster at 60,809 dollars.

Regulation — and its gaps

Tradable at all three regulated first-tier venues. Documented by the successful order book retrieval on September 17, 2026: Coinbase (ZEC-USD), Kraken (ZECUSD), Gemini (zecusd). Four points.

No MiCA entry can be found. Zero points. Kraken’s disclosure list carries around four hundred entries from A to Z, including Bitcoin, Ethereum and Solana; Zcash is not among them. The substitute register micawatch.com reports 1,548 entries but cannot be searched without JavaScript. Not findable does not mean: not registered.

No ongoing US lawsuit. Two points — with the weakest evidence of the whole assessment. The US securities regulator’s investigation into the Zcash Foundation has been closed without action; that has been reported independently several times in the trade press, with the date January 14, 2026. Primary evidence was not possible, because sec.gov and courtlistener.com are both blocked. These two points rest on the press, not on a primary source.

Documented. Kraken Germany delisted Zcash on July 10, 2024.

Not confirmed. That the ban on anonymity-preserving crypto assets is not in MiCA but in the EU anti-money-laundering regulation 2024/1624, applying from July 10, 2027. The source eur-lex is blocked for our requests.

What could not be collected

• net inflows of the exchange-traded product — the request was refused with 403. That costs points directly on the capital channel.
• MiCA register entry
• primary evidence on the closed US investigation — both primary sources blocked
• the date from which the ban on anonymity-preserving crypto assets applies
• the current shielded holdings and the size of the lockbox
• full order book depth at three of the nine venues

Not collected means: not measured — not “zero” and not “does not exist”.

The four questions that are always answered

all twelve criteria collected individually. What the twelve questions measure and what has been corrected about the measurement is on the method page.

The figures in detail

Finding

The finding is above: where this stands, the twelve criteria one by one, exit depth and regulation.

Investors and partners: not researched — awards no points, because projects with large backers did not perform better.

Nexo: Not found on the three public Nexo pages checked on September 1, 2026. That does not mean that Nexo does not carry the asset.

No investment advice, no price forecast, no buy or sell recommendation. A high score does not mean “will rise”. It means the asset scores better on these questions than the others.