Take a look at Starknet's on-chain metrics: 8 daily active users, 10 daily transactions, yet the project commands a 1 billion dollar market cap with a 15 billion fully diluted valuation. The disconnect between actual network activity and market valuation is striking—it's a textbook example of how hype and tokenomics can decouple from fundamental utility. Whether this gap closes through genuine adoption or market repricing remains the open question.
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Take a look at Starknet's on-chain metrics: 8 daily active users, 10 daily transactions, yet the project commands a 1 billion dollar market cap with a 15 billion fully diluted valuation. The disconnect between actual network activity and market valuation is striking—it's a textbook example of how hype and tokenomics can decouple from fundamental utility. Whether this gap closes through genuine adoption or market repricing remains the open question.