S&P has launched an innovative index for digital assets. It tracks blockchain networks based on their protocol revenue, providing a new perspective on performance compared to traditional market capitalization-weighted crypto indexes for investors.
S&P, a prominent provider of financial indexes, has introduced a new way to measure the performance of digital assets. This innovative index tracks blockchain networks using 'protocol revenue.' Protocol revenue refers to the income that a blockchain network generates, typically from transaction fees. This differs from older crypto indexes, which usually rank assets by 'market capitalization' – the total value of all tokens in circulation. The new index offers investors a different approach, focusing on the real economic activity and fundamentals of these networks, rather than just their size.
1014.587 SRY