Layer 2 · rank #255

ZKsync ZK

$0.0109-2.6% 1d+24.2% 7d+37.3% 30d

Red List Recovering Phoenix · monthly · score 87.5 mixed

Monthly: forming bar is a green 2-Up. Last confirmed swing low 0.0071 (Aug 2026), month 1 of a cycle that has typically run 4.5.
Weekly: forming bar is a red inside bar. Last confirmed swing low 0.0071 (Aug 2026), week 4 of a cycle that has typically run 5. Cycle-low confidence 30%.
Daily: bar is a red inside bar. Last confirmed swing low 0.008543 (2026-09-02), day 5 of a cycle that has typically run 4.5. Cycle-low confidence 45%.
Red List: 88% below the 2025-11-05 high; +54% off the 365-day low.
Phoenix: 97% decline over 20 months, monthly swing low confirmed (next-bar), now +54% above the trough; no weekly pullback yet — the entry is the pullback, never the chase.
Gauges: Mayer multiple 0.81 (cheap); -96% from the all-time high.

From the peak to today, log scale

Where it sits in each cycle

a swing low confirms only when a later bar takes out the low bar's high

stopped falling, by the rules

Score 87.5

CoinGecko + DefiLlama, pulled 2026-09-07 .xlsx

Health41 / 100 · Thin

Liquidity (24h volume / market cap) can you get out	27.63 %	15.0 / 15
Supply overhang (FDV / market cap) unlocked supply waiting to sell	2.02 x	7.3 / 15
Size (market-cap rank) survivorship	255 #	3 / 15
Usage (price / annualized fees) fees people actually pay to use it (DefiLlama)	966.5 x	0 / 20
TVL backing (market cap / TVL) capital parked in it (DefiLlama)	7.38 x	4.4 / 15
Fee momentum (30d vs prior 30d) is usage growing into the recovery	23.9 %	7.4 / 10
Age on Coinbase survived a cycle	1.9 yrs	4.1 / 10

7 of 7 measurable; score renormalized over what was measurable.