Adoption Feerevenue Zscore Feerevenue Zscore
Bitcoin
This standardizes miner fee revenue into a Z-Score ribbon around its historical mean.
Why it matters
It flags when fee revenue is unusually high or low relative to history.
How it is built
Fee revenue minus its mean, divided by its standard deviation, with smoothed ribbon overlays.
What to watch
Extreme highs mark fee-driven demand spikes; extreme lows mark quiet blockspace and miner-revenue stress.