Crypto is entering its fundamentals era.
Revenue is now how networks get evaluated. $INJ is emerging as one of the strongest L1s on revenue relative to valuation.
P/S ratio = network valuation vs annualized revenue retained. Lower ratio = more revenue per dollar of market cap.
$INJ ranks 4th across all L1s by this metric.
Fundamentals are becoming harder to ignore.
Revenue is now how networks get evaluated. $INJ is emerging as one of the strongest L1s on revenue relative to valuation.
P/S ratio = network valuation vs annualized revenue retained. Lower ratio = more revenue per dollar of market cap.
$INJ ranks 4th across all L1s by this metric.
Fundamentals are becoming harder to ignore.