GuideAPI Doc

Supply Momentum

Measures how supply dynamics change over time, indicating accumulation or distribution trends.

Overview
Momentum compares changes in active supply between time periods, helping identify whether new or old coins are driving activity.

Interpretation

  • 📈 Positive momentum → renewed trading/inflow.

  • 📉 Negative momentum → slowing network activity.

Formula (Latex)

S u p p l y M o m e n t u m = A c t i v e S u p p l y t − A c t i v e S u p p l y t − 1 A c t i v e S u p p l y t − 1 SupplyMomentum = \frac{ActiveSupply_{t} - ActiveSupply_{t-1}}{ActiveSupply_{t-1}}

Signal
Momentum spikes can anticipate trend reversals or liquidity shifts.

Insights
Momentum helps traders detect early accumulation before volume or volatility reacts.

Available Metrics