Hashed CEO Simon Kim announced the development of a new system for calculating the intrinsic value of Ethereum (ETH).
Kim introduced his intrinsic value dashboard, which he prepared on social media, using the phrase, “How much is ETH actually worth? The crypto industry deserves better than pure price speculation.”
Kim's dashboard is based on a total of 10 different valuation methodologies, combining both traditional finance models and crypto-specific metrics to determine Ethereum's fair value. Classic finance tools like DCF, price-to-sales ratio, and revenue yield are also considered, as are crypto-native models like TVL multiplier, MC/TVL, Metcalfe's Law, staking rarity, Layer 2 ecosystem, loyalty bonus, and execution capital.
According to the system, Ethereum's current price is $3,037.5, while the fair value calculated based on the average of 10 models is $4,574. This suggests that ETH is approximately 50.6% “underpriced.”
ETH is trading at $3,037.5, up 0.4% in the last 24 hours, with a total market capitalization of $366.5 billion and trading volume of $854.1 million. The asset is still 37.7% below its all-time high of $4,946.1.
*This is not investment advice.
