2025-08-20 05:34:24

NVT ratio (blue) has dropped back to very low levels while price (white) has held up on $ENA

In simple terms, ENA’s network value is cheap compared to the amount of activity happening on-chain

Historically, these low NVT zones often mark bottoms and precede strong uptrends

BLUE-5.16%

ENA-3.13%

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