On-chain transfer volume (USD/day, log) aligned by coins issued, so you can compare how much value moved across Zcash vs Bitcoin at equivalent points in their emission schedules.
Hover shows the calendar date each chain was at that issuance. Caveat: Zcash volume here is TRANSPARENT only — shielded transfers are private and not counted, so ZEC is understated relative to BTC. BTC volume is blockchain.info's estimated on-chain transaction volume. The time-range filter does not apply.
This chart is plotted against coins issued, not date, so the two chains are compared at equivalent emission.
🔗 permalink ⇆ compareThis plots reported trading volume against coins issued rather than the date. At the same calendar moment Bitcoin is sixteen years into its emission schedule and Zcash ten, so a date axis would compare two different stages of maturity — a young network against a mature one and call it a fair fight.
Both chains cap at 21M, which is the only reason this alignment means anything. At any x, both had mined the same fraction of their total supply; the question the chart asks is what each looked like at that point in its own life.
So nothing here is a statement about today. Two points at the same x are years apart on the calendar, and the right-hand end of the Zcash line is the present while the same x on the Bitcoin line is somewhere in its past.
Volume is the least trustworthy series on this site. It is self-reported by venues, and the incentive to overstate it is well documented. Read the shape and the order of magnitude; do not read a 20% gap.
For the same measures on an ordinary date axis, see supply and price.