Realized Cap Growth

Definition ∞ Realized Cap Growth measures the increase in the realized capitalization of a cryptocurrency over a period. Realized capitalization calculates the value of each coin at the price it was last moved on-chain, providing a more accurate view of the actual capital invested in the asset. Growth in this metric suggests new capital entering the asset or existing holders acquiring more at higher prices. It reflects organic market expansion.
Context ∞ Realized cap growth is a key on-chain metric frequently analyzed in cryptocurrency news to assess the genuine economic growth and health of a digital asset. Unlike market capitalization, which can be influenced by speculative trading, realized cap growth offers a deeper insight into the aggregate cost basis of all coins. Significant growth often correlates with sustained market interest and capital inflow.