Ethereum Updates: Traditional Finance Encounters Blockchain—Ethereum Dashboard Integrates Classic and Modern Valuation Approaches
- Simon Kim, founder of Hashed, launched an Ethereum valuation dashboard showing $4,747.4 fair value, indicating 56.9% undervaluation vs. $3,022.3 market price. - The tool combines eight models (DCF, Metcalfe's Law, TVL) with weighted reliability, producing five "buy" signals and highlighting 217.1% undervaluation via Metcalfe's Law. - By blending traditional finance metrics with blockchain data, the dashboard aims to shift crypto analysis from speculation to institutional-grade fundamental evaluation. - C
Simon Kim, the founder of the venture capital firm Hashed, has launched a live
The dashboard merges techniques from conventional finance with blockchain-specific indicators. Standard models like DCF, which treats staking rewards as ongoing cash flows, and the Price-to-Earnings (P/E) ratio, modified to view transaction fees as earnings, are used alongside crypto-native metrics like TVL multiples and Metcalfe’s Law. The latter, which asserts that a network’s value increases with the square of its user base,
The launch of the dashboard emphasizes Ethereum’s significance as a core asset in the digital asset space. With 12.1 million daily transactions across Ethereum and its Layer 2 networks, and $68.9 billion worth of ETH staked, the platform’s utility goes far beyond speculative trading
Although the dashboard represents an innovative approach, its effectiveness will depend on whether it gains traction among institutional players and the wider market. Some critics argue that certain models, like the P/E ratio based on transaction fees, depend on assumptions that may not remain valid as the network evolves. Still, Kim’s initiative signals a broader movement toward applying traditional financial analysis to the crypto sector, a development that could strengthen market credibility and attract more long-term investment.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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