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
Inscription Metrics
Tracking of Bitcoin inscriptions (Ordinals/BRC-20) including counts, fees generated, and block space consumed. Measures the impact of NFT/token activity on the Bitcoin network.
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.
Transfer Volume
The total USD value of Bitcoin transferred on-chain during a given period. Measures the economic throughput of the Bitcoin network.
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.