ETH Metrics

Definition ∞ ETH Metrics encompass a range of on-chain and off-chain data points used to assess the health, activity, and value of the Ethereum network and its native cryptocurrency, Ether (ETH). These include transaction counts, gas usage, active addresses, network revenue, staking participation, and the total value locked in decentralized finance (DeFi) protocols. Such data provides quantitative insights into the network’s operational status and economic utility. These measurements offer a comprehensive view of the platform’s performance.
Context ∞ Analysis of ETH metrics is crucial for understanding the fundamental drivers of Ether’s price and the broader Ethereum ecosystem. Significant changes in these metrics, such as a surge in gas fees or a substantial increase in staked ETH, often feature prominently in crypto news. Future developments focus on refining these metrics to better capture the complexities of Ethereum’s scaling solutions and evolving application landscape.