1) We charted several progress indicators for Ethereum against its price development since its genesis.
Besides other factors, the following 4 indicators have caught our interest the most.
We feel comfortable to state that Ethereum is significantly undervalued at current prices
Besides other factors, the following 4 indicators have caught our interest the most.
We feel comfortable to state that Ethereum is significantly undervalued at current prices
2) Development Activity
Since 2014, the Ethereum foundation and its developers have constantly increased the development activity for the network, regardless of what the price has been doing.
This indicates the health of the network, being positive for investors.
Since 2014, the Ethereum foundation and its developers have constantly increased the development activity for the network, regardless of what the price has been doing.
This indicates the health of the network, being positive for investors.
3) Gas Used
The amount of Gas Used on the network is constantly increasing and even hitting ATHs at the moment, indicating the growing adoption of the Ethereum network.
The amount of Gas Used on the network is constantly increasing and even hitting ATHs at the moment, indicating the growing adoption of the Ethereum network.
4) Mean Dollar Invested Age
This measures for how long $ETH has stayed in its address without being moved.
Since 2018, this metric has constantly increased, while recently hitting ATHs, showing that investors prefer to accumulate and hold at these price levels.
This measures for how long $ETH has stayed in its address without being moved.
Since 2018, this metric has constantly increased, while recently hitting ATHs, showing that investors prefer to accumulate and hold at these price levels.