How Does the Quality of Network Connections (E.g. Value Transferred) Affect the Metcalfe’s Law Valuation?

The quality of network connections, measured by the economic value transferred or the complexity of smart contract interactions, is a crucial factor missing from a simple Metcalfe's Law calculation. To improve the valuation, analysts often weight the number of users by the average transaction value or the total value of services utilized.

This modification ensures that the valuation reflects the true economic output, rather than just the raw number of users.

What Are the Limitations of Applying Metcalfe’s Law Directly to Public Blockchain Networks?
What Is Metcalfe’s Law and How Does It Relate to Blockchain Valuation?
What Are the Main Criticisms of Applying Metcalfe’s Law Directly to Blockchain Networks?
What Is a “Volume-Weighted Time-Weighted Average Price” (VWTWAP) and Its Advantage?
How Is the Total Value of Network Services (PQ) Estimated for a Layer 1 Blockchain?
What Is the Relationship between Metcalfe’s Law and the Concept of “Network Effects”?
What Is Metcalfe’s Law and How Is It Applied to Network Valuation?
What Is a ‘Volume-Weighted Average Price’ (VWAP)?

Glossar