Definition ∞ Daily utility refers to the practical, day-to-day application and usefulness of a cryptocurrency or blockchain network. It measures how consistently and broadly a digital asset or protocol is used for its intended purpose, beyond speculative trading. This metric reflects the functional value derived from a system by its users on a regular basis. High daily utility suggests a robust and integrated ecosystem.
Context ∞ Analysts and news outlets often reference daily utility to assess the fundamental strength and long-term viability of a digital asset project. The conversation frequently involves comparing transaction counts, active addresses, and total value locked to gauge real-world application versus speculative interest. Sustained growth in daily utility is a positive signal for network health and adoption.
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