Ethereum Enters Undervaluation Zone

I’ve just created a comparison on Santiment (Santiment AG) between Ethereum’s Market Cap and Realized Cap , and the results are particularly revealing. Since No

18 lis 2025Coincexpost

To nie jest porada finansowa. DYOR.

Translation pending: showing the source text.

Read full report

Since November 13, ETH Has Been Trading Below Its Real Value

I’ve just created a comparison on Santiment (Santiment AG) between Ethereum’s Market Cap and Realized Cap , and the results are particularly revealing.

Since November 13 , ETH’s Realized Cap has moved above its Market Cap. This indicates that the aggregated cost at which investors purchased their tokens — the market’s real economic value — is now higher than the current speculative valuation.

What does this signal?

  • A significant portion of the market is now holding at a loss.
    • ETH is trading below its real value , placing it in a clear zone of undervaluation.
    • Historically, this type of configuration appears during phases of capitulation, disinterest, and sentiment exhaustion.
    • At the same time, these zones often correspond with renewed smart money accumulation.

At the time of writing (November 17), ETH’s Market Cap is approximately 379B,whileitsRealizedCapisapproximately379B** , while its **Realized Cap is approximately 391B.

This places the Market Cap at roughly 97% of the Realized Cap , confirming that ETH is trading below its real economic value.

In a market where narrative frequently runs ahead of analysis, divergences between speculative value and real value often precede structural trend reversals.

#Ethereum #ETH #OnChain #Santiment #CryptoAnalysis

Carmelo Alemán, On Chain Analist

#Ethereum #ETH #OnChain #Santiment #CryptoAnalysis


Not financial advice. DYOR.

Exchanges

Giełdy w skrócie: opłaty, KYC i derywaty.

Ethereum Enters Undervaluation Zone