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    BitcoinCalculatorTools
    Live On-Chain Analytics

    Bitcoin On-Chain Metrics

    Live MVRV ratio, Stock-to-Flow model, hash rate, and active addresses — the key on-chain signals used by professional Bitcoin analysts to gauge market cycles.

    Live BTC:$77,395

    Last updated: 10:58 AM

    MVRV Ratio (Approx.)
    Fair Value
    1.61
    Market / Realized Cap

    Approximation — true MVRV requires on-chain realized cap data. Below 1.0 = historically undervalued.

    S2F Deviation
    Below Model
    -100.0%
    S2F Model: $16,762,350,729,503

    % difference between live price and the S2F power law model.

    Hash Rate (Live)
    820 EH/s
    Network security — via mempool.space
    +5.0% (30d)

    Live computational power securing the Bitcoin network.

    Active Addresses (Est.)
    920K
    Approximate daily unique addresses

    Estimated unique addresses active on-chain per day. Static approximation — live data requires premium APIs.

    MVRV RatioFair Value

    Market Value to Realized Value — key on-chain cycle indicator

    1.61MVRV
    Accumulate
    < 1.0
    Fair Value
    1.0 – 2.5
    Distribute
    2.5 – 3.5
    Danger Zone
    > 3.5
    Market Cap
    $1.55T
    Realized Cap
    $0.96T

    MVRV > 3.5 has historically marked cycle tops. MVRV < 1.0 marked cycle bottoms.

    Stock-to-Flow Model

    PlanB's S2F ratio compares Bitcoin's existing supply to annual new issuance

    S2F Ratio
    121.9
    years of supply
    S2F Model Price
    $16,762,350,729,503
    projected fair value
    Price vs S2F Model-100.0%

    Bitcoin is trading 100% below the S2F model price — historically a buying opportunity.

    Note: S2F is based on post-4th halving flow (~164,250 BTC/year). Model price uses PlanB's published power law coefficients. This is one signal, not a price prediction.
    Circulating Supply
    20.02M BTC
    Total BTC in existence
    % Mined
    95.33%
    Max supply: 21.00M BTC

    Percentage of the 21M hard cap that has been mined so far.

    Market Cap
    $1.55T
    Total market capitalization

    Bitcoin Price vs S2F Model (90 Days)

    Orange line = live BTC price · Dashed line = PlanB S2F model price

    Price, market cap, and supply data are fetched live from CoinGecko's public API. Hash rate and active address figures are recent public estimates sourced from mempool.space and blockchain.com. MVRV realized cap is approximated. Last data update: 4/23/2026, 10:57:56 AM.

    How to Read the Dashboard

    Four steps to interpret on-chain data like a pro

    Step 1

    View Live Metrics

    The dashboard auto-loads live MVRV ratio, Stock-to-Flow deviation, hash rate, and active address data from CoinGecko.

    Step 2

    Read the MVRV Gauge

    Check the MVRV ratio gauge. Below 1.0 = historically undervalued. Above 3.5 = historically extreme overvaluation near cycle tops.

    Step 3

    Check S2F Deviation

    If the current price is significantly above the S2F model price, it may signal overheating. Below model = potential value zone.

    Step 4

    Use as One Signal

    On-chain metrics are one input, not a crystal ball. Combine with the Fear & Greed Index and Rainbow Chart for a fuller picture.

    FAQ

    Frequently Asked Questions

    Understand the on-chain metrics behind this dashboard

    Disclaimer

    On-chain metrics are historical and analytical tools — they do not predict future prices. MVRV and S2F models have worked in past cycles but may not repeat. Hash rate and active address figures are approximations from public sources. This is not financial advice. Always conduct your own research before making investment decisions.