Solana’s NVT ratio dropped to 18.84 as daily DEX volume jumped to $2.19B. Even with the pullback, its valuation heavily outpaces actual trading utility.
📊 June 15 Metrics:
• NVT: 18.84 (90D Base: 8.13)
• Heat Index: 2.32X
• Verdict: 🔴 EXPENSIVE / OVERHEATED