Transaction Momentum
What Is 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.
How to Interpret
Positive momentum (short MA > long MA) during price increases confirms healthy growth. Negative momentum diverging from price suggests weakening fundamentals.
More Network Adoption Metrics
Transfer Volume
The total USD value of Bitcoin transferred on-chain during a given period. Measures the economic throughput of the Bitcoin network.
Active Addresses
The number of unique Bitcoin addresses that were active (either sending or receiving) on a given day. A proxy for daily network usage and user engagement.
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.
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.