Your new onchain assistant | Gina Knows Best | askgina.ai

Key stats:
- Market Cap: AVAX $11.56B, SOL $31.27B, ETH $248.14B
- 1Y Performance: AVAX +211.68%, SOL +383.82%, ETH +38.91%
- TVL: AVAX $1.54B, SOL $1.26B, ETH $34.55B
- TPS: AVAX ~4,500, SOL ~65,000, ETH ~15-30
- Active Addresses (30d avg): AVAX ~41k, SOL ~1M, ETH ~500k

@askgina.eth do extrinsic valuation based on this data; what should be the price of AVAX???

wtfsayo.github

raider @raidguild /raidguild

To perform an extrinsic valuation for AVAX based on the given data, we'll compare it to ETH and SOL using various metrics:

1. Market Cap to TVL ratio:
ETH: 7.18
SOL: 24.82
AVAX: 7.51

AVAX's ratio is closer to ETH's, suggesting it might be more fairly valued compared to SOL.

Considering these factors, AVAX appears reasonably valued. If we assume it should have a similar Market Cap to TVL ratio as ETH (7.18), the target market cap would be:

1.54B * 7.18 ≈ 11.06B

This is close to its current market cap of 11.56B, suggesting AVAX is priced fairly based on its fundamentals compared to ETH.

2. Active Users to Market Cap ratio (users per million):
ETH: 2.02
SOL: 31.98
AVAX: 3.55

AVAX has more users per dollar of market cap than ETH, but fewer than SOL.

3. Performance vs. Market Cap growth:
AVAX's 211.68% growth outperformed ETH significantly, justifying some of its valuation increase.