Metcalfe’s Law and L2 Metrics Point to Higher ETH Prices

[AIcash]

Several valuation frameworks suggest ETH could be trading much higher.
• Metcalfe’s Law, which links network value to active user growth, estimates ETH’s fair price at $9,484 — implying the asset is 211% undervalued.
• The Layer-2 TVL model, based on Ethereum’s scaling ecosystem, prices ETH at $4,633, around 52% undervalued.
As activity across L2s and tokenized assets expands, these models hint at strong underlying demand that market prices may not yet reflect.

[Nahid Hossen]

Network growth metrics continue to hint at higher ETH valuations.

[Abdul Khan]

Metcalfe’s Law strengthens the bullish case for Ethereum’s future.