NVT
Cardano
The Network Value to Transactions (NVT) ratio divides ADA's market cap by its daily on-chain transfer volume.
Why it matters
It assesses whether price is justified by the economic value settled on-chain, like a price-to-earnings ratio.
How it is built
Market capitalization is divided by on-chain transaction volume, usually smoothed to reduce noise.
What to watch
High NVT warns price is rich relative to usage (froth); low NVT suggests value supported by real throughput.
Measured on this chain
NVT on Cardano last read 136.35 on Aug 23, 2026, a change of -26.79% over 30 days, ranging from 28.96 (Dec 10, 2025) to 340.7 (May 2, 2026).
- Latest reading
- 136.35
- Aug 23, 2026
- Change
- 1d +24.27%
- 30d -26.79%
- 90d -21.76%
- 1y -13.22%
- Range
- Low 28.96·Dec 10, 2025
- High 340.7·May 2, 2026
- Coverage
- Sep 2, 2024 — Aug 23, 2026
- 721 readings
| Date | Value |
|---|---|
| Aug 12, 2026 | 117.72 |
| Aug 13, 2026 | 183.73 |
| Aug 14, 2026 | 221.92 |
| Aug 15, 2026 | 339.6 |
| Aug 16, 2026 | 325.01 |
| Aug 17, 2026 | 130.63 |
| Aug 18, 2026 | 191.52 |
| Aug 19, 2026 | 101.4 |
| Aug 20, 2026 | 111.64 |
| Aug 21, 2026 | 104.17 |
| Aug 22, 2026 | 109.72 |
| Aug 23, 2026 | 136.35 |
Read from our own stored series, not quoted from a page.