🔶A new CryptoQuant study highlights a widening disconnect between Ethereum’s market price and its fundamental valuations. According to CEO Ki Young Ju, most analytical models point to significant upside: the blended fair value exceeds $4,800 — more than 50% above current levels. Independent ETHval estimates also confirm substantial undervaluation.
🔶However, model outputs vary based on methodology. Frameworks centered on network effects and ecosystem-wide activity imply even greater upside potential, while the Revenue Yield model, conversely, indicates overvaluation. Analysts attribute this divergence to falling fees and intensifying competition among L1 platforms, which complicate efforts to establish a unified “fair value” for ETH.