Sharding is irrelevant. That is what the problem is. Your are trying to base the value of the coin based on releasing a feature that is totally unneccessary at this point in time. Like it or not, Solidarity is the status quo and now they have their own unproven smart contract language, why would I learn it? Because the blockchain operates a minimal sharding function?

Don’t worry, it’s not just ZIL. ALL blockchains suffer from this. They promote large transaction rates, sharding, atomic swaps etc etc when the fact of the matter is, other than an highly frictionless exchange of value, no one has come up with a feature for blockchain that is needed or even desired. No one will appreciate decentralization of these features until the centralization bites them in the ass.

Consider the web. It was created, and pretty quickly people found themselves using email and IRC. Then webpages came along and people could post their ideas and publish stuff basically for free. Then commerce on the internet became an amazing firestorm of activity. Even blockchain itself, runs on the internet.TONS of utility realized in 10 short years. Blockchain has been aroudn 10 years, aside from exchanging value, what is it really good for that isnt the same thing off blockchain? No one has really shown a special trick the blockchain can do that centralized services have not already done (except, as mentioned, moving money around at low cost and faster)

Aside from moving funds around, what does ZIL offer? Why does sharding matter if actual transaction rates are a small fraction of what the blockchain is capable of (same for NEBL, EOS, etc, etc)? Why does any of it matter, when the great majority of the blockchain projects are “X but on blockchain”.

I’d say ZIL is undervalued because the feature set doesnt provide additional value over the status quo in blockchain.