Fee Ribbon
What Is Fee Ribbon?
Multiple moving averages of daily miner fee revenue, creating a ribbon-like visual. Helps identify sustained trends in block space demand and network adoption.
How to Interpret
Ribbon expansion (fees rising across all MAs) signals strong network demand. Compression signals equilibrium. Fee ribbon can predict upcoming volatility.
More Network Adoption Metrics
Address Cohorts
Breakdown of Bitcoin addresses by their balance size — from shrimp (< 1 BTC) to whales (> 10,000 BTC). Shows how different wealth classes are accumulating or distributing.
Miner Fees
The total transaction fees paid to miners by users sending Bitcoin transactions. Reflects urgency of transactions and demand for block space.
Script Types
Analysis of Bitcoin transaction types by script format (P2PKH, P2SH, P2WPKH SegWit, P2TR Taproot). Shows the adoption rate of newer, more efficient transaction formats.
Transaction Momentum
Compares short-term and long-term moving averages of daily transaction count. Identifies whether network activity is accelerating or decelerating relative to its trend.