Utility growth refers to the increasing practical application and real-world usage of a cryptocurrency or blockchain protocol beyond speculative trading. This expansion signifies a rising demand for the network’s services, features, or underlying token for functional purposes. It indicates a maturation of the project, moving towards broader adoption and value creation based on tangible use cases. Sustained utility growth is a key indicator of long-term viability.
Context
News often highlights projects demonstrating significant utility growth, such as increased transaction volume, active user counts, or new partnerships. Discussions focus on how this growth translates into network value and token demand. Protocols that successfully expand their utility are generally viewed as more sustainable and resilient against market fluctuations.
The surge in application-layer fees, up 126% YoY, confirms a structural shift from speculative growth to sustainable, utility-based product-market fit.
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