Zilliqa (ZIL)
2018-era sharding chain that lost the scalability race; GameFi pivot failed to gain traction
Ranked 242nd of 251 rated tokens. Scoring pass 11 Jun 2026.
What the numbers say
ZIL scores 63 of 250 across the 25-variable framework, which places it 242nd of 251 rated tokens and inside the bottom 10% of the set. The framework verdict is PASS.
The score rests on Regulatory Safety 7/10, 17th of 251, Vesting Schedule 6/10, 59th of 251, Supply Inflation 5/10, 61st of 251 and Exchange Depth 5/10, 73rd of 251.
Against the same universe, ZIL sits in the bottom third on Social Mindshare 1/10, 248th of 251, Market Share 1/10, 245th of 251, Smart Money Flows 1/10, 243rd of 251 and Active Users 1/10, 243rd of 251. These are the variables that would have to move for the verdict to change.
92.9% of eventual supply is already circulating, so vesting is not a live risk for ZIL. Price has to be justified by demand rather than absorbed against a cliff.
ZIL trades 99% below its all-time high of $0.2554. Recovering that level is a 100x move, not a 99% one, which is the arithmetic most drawdown charts hide.
$1.2M sits in the protocol. Each dollar of value locked carries 42.32 dollars of token market cap.
25-variable breakdown
Each variable is scored 1 to 10 and ranked against every other rated token, so a 7 that ranks 20th means something different from a 7 that ranks 180th. The rank is the part that is hard to get anywhere else.
Cash flow
| Protocol Revenue | 1 | 221st of 251 | |
| Revenue Trend | 1 | 231st of 251 | |
| P/S Multiple | 2 | 218th of 251 | |
| Real Staking Yield | 4 | 82nd of 251 |
Supply
| Supply Inflation | 5 | 61st of 251 | |
| Vesting Schedule | 6 | 59th of 251 | |
| Circulating / FDV Ratio | 6 | 88th of 251 | |
| Buyback and Burn | 1 | 205th of 251 |
Ownership
| Smart Money Flows | 1 | 243rd of 251 | |
| Insider Selling | 4 | 151st of 251 | |
| Holder Concentration | 3 | 197th of 251 |
Traction
| TVL Trend | 1 | 229th of 251 | |
| Active Users | 1 | 243rd of 251 | |
| Developer Activity | 2 | 238th of 251 | |
| Network Growth | 1 | 242nd of 251 |
Position
| Market Share | 1 | 245th of 251 | |
| Competitive Moat | 1 | 242nd of 251 | |
| Institutional Adoption | 1 | 238th of 251 | |
| Exchange Depth | 5 | 73rd of 251 | |
| Social Mindshare | 1 | 248th of 251 |
Risk
| Regulatory Safety | 7 | 17th of 251 | |
| Catalyst Calendar | 2 | 222nd of 251 | |
| BTC Alpha Potential | 1 | 240th of 251 | |
| Team Execution | 2 | 230th of 251 | |
| Treasury Runway | 3 | 226th of 251 |
The vertical tick on each bar marks the median score across all 251 rated tokens, so a bar ending left of the tick is below the universe on that variable.
Catalyst and risk
Next catalyst
Zilliqa 2.0 EVM upgrade could attract some EVM developers
Principal risk
Irrelevant tech, ghost network, near-zero TVL, no institutional interest
Market and supply
| Price | $0.002602 |
| Market cap | $50.8Mrank 415 |
| All-time high | $0.25546 May 2021 |
| Circulating supply | 19,513,551,525 |
| Eventual supply (max supply) | 21,000,000,000 |
| Dilution to full supply | 1.08x |
| Total value locked | $1.2M |
| Listed on | Binance, KuCoin, Gate.io |
Price, market cap, supply and all-time high from CoinGecko, fetched 6 Aug 2026. The 25 scores come from the research pass dated 11 Jun 2026 and don't move with price.
Tokens with a similar profile
These are the closest matches to ZIL measured on the shape of all 25 variables after removing overall quality, so what they share is a pattern of strengths and weaknesses rather than a similar size or price.
Sources
- [CoinGecko] Zilliqa ATH $0.255 in Jan 2018; now 98.4% below ATH
- [DeFiLlama] ZIL TVL under $2M, network activity near zero
- [Zilliqa Blog] Zilliqa 2.0 EVM compatibility upgrade announced but developer adoption minimal
Common questions
- What is the Early Thunder score for Zilliqa (ZIL)?
- ZIL scores 63 out of 250 on the 25-variable framework, ranking 242nd of 251 rated tokens (bottom 10%). The framework verdict is PASS.
- What are ZIL's strongest fundamentals?
- ZIL ranks highest on Regulatory Safety 7/10, 17th of 251, Vesting Schedule 6/10, 59th of 251, Supply Inflation 5/10, 61st of 251 and Exchange Depth 5/10, 73rd of 251. Ranks are measured against all 251 tokens in the same scoring pass.
- What are the weakest parts of the ZIL thesis?
- ZIL scores in the bottom third of the universe on Social Mindshare 1/10, 248th of 251, Market Share 1/10, 245th of 251, Smart Money Flows 1/10, 243rd of 251 and Active Users 1/10, 243rd of 251. The single risk carried on the scorecard is: Irrelevant tech, ghost network, near-zero TVL, no institutional interest
- How much ZIL supply is still to enter circulation?
- 92.9% of eventual ZIL supply is circulating today, leaving 1.08x the current float still to arrive. At a flat price per token that is 7.1% of fully diluted value ahead of current holders.
- How far is ZIL from its all-time high?
- ZIL trades 99% below its all-time high of $0.2554. Returning to that high requires a 100x move from the level used in this scoring pass.
- Which tokens have a similar profile to ZIL?
- Measured on the shape of all 25 scored variables rather than on price, the closest matches to ZIL are ONE (48), QTUM (61), XTZ (88) and BAND (73). Similarity here means the same pattern of strengths and weaknesses, not a similar market cap.
- What is the next catalyst for ZIL?
- Zilliqa 2.0 EVM upgrade could attract some EVM developers
Keep reading
Research and analysis, not investment advice. Scores are one framework applied consistently across 251 tokens, not a prediction of price.