NVT Price
What Is NVT Price?
Network Value to Transaction Price — derived from the NVT ratio, this metric estimates a fair value for Bitcoin based on its on-chain transaction volume, similar to using P/E ratios to value stocks.
How to Interpret
When Bitcoin's price is significantly above the NVT Price, it suggests the network is overvalued relative to its utility. When below, it may be undervalued.
More Pricing Models Metrics
Euphoria Zone
A composite indicator combining multiple pricing models to identify when Bitcoin has entered an unsustainably euphoric phase. Triggers when multiple independent models simultaneously signal overvaluation.
RHODL Ratio
Realised HODL Ratio — compares the realised value of 1-week-old coins to 1-2 year-old coins. Measures the ratio between speculative and conviction capital in the market.
Power Law
A mathematical model that plots Bitcoin's price on a logarithmic scale over time, creating a corridor of expected prices. Based on the observation that Bitcoin's price follows a power law relationship with time.
Inflation Adjusted Price
Bitcoin's price adjusted for monetary inflation (M2 money supply growth). Shows Bitcoin's real purchasing power value over time by removing the effects of currency debasement.