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network Price-to-sales ratio

Chart notes:

  • Green area: Market price of coin, in US$;
  • Blue line: Market cap 12 months ago divided by green area today;
  • White line: Market cap today divided by green area today.

network Price-to-sales ratio explained

The above charts display the same indicators as the prior section, in US dollar terms. To offer a different perspective from the prior section, however, each blockchain's price is now shown in the left axis.

The PSR ratios remain the same, derived from the same calculation. As a reminder, they garner this perspective:

Current PSR. This shows how many years it takes for a blockchain's annual revenueβ€”that's total transaction fees and new coins from the block rewardβ€”to equal the current market cap.

Trailing PSR. This shows how many years it would take for a blockchain's annual revenue to equal the market cap 12 months ago.

Again, remember that the annual revenue described above is always based on a rolling, trailing 12-month (in fact trailing 365-day) basis, and all block rewards and transaction fees are priced in US dollars, based on the prevailing spot price each day.

Contributions appreciated:


ETH: 0x39ec522498571aE99054472190f24f1944a471eB

LTC: LM4iy3sPqfJZ4CyFSvr6zXVLGNTy7R28Gz

DASH: XjpTPfu7caDNVwnkuWtAFnAyCzmPnLeSEg

DOGE: D6KFh4rfMSiLamsnqvmXBfuwhe46NcwG2H