Definition ∞ Utility Network Growth refers to the expansion in the practical applications and functional usage of a blockchain or decentralized network. This metric measures the increase in the number of users, transactions, or services that leverage the network’s core capabilities beyond mere speculation. It indicates a growing adoption of the network for its intended purpose. This growth signifies real-world value creation.
Context ∞ Monitoring utility network growth is essential for assessing the long-term viability and intrinsic value of a digital asset ecosystem. A network demonstrating consistent growth in its utility often shows stronger fundamentals compared to those driven primarily by speculative trading. This growth is frequently correlated with metrics like crypto user growth and transfer volume growth. News reports often highlight new partnerships or protocol upgrades that contribute to expanding a network’s utility.
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