I always pay attention when on-chain activity starts moving faster than price


$ZIG just pushed TVL to an ATH of around $25M
Record USDC inflows across Permapod, Valdora, NAWA, and DeFa are showing real traction
But here’s the part that caught my eye 👇
FDV: ~$85M
For comparison, XDC sits at:
TVL: $12.7M
FDV: $1.2B
The difference in valuation versus actual capital efficiency is hard to ignore
ZIG is sitting at a 3.4x TVL/FDV multiple while XDC is around 94x.
HUGE. @ZIGChain
ZIG6.04%
XDC-5.28%
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