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.