Thorchain - Metacalfe's Law analysis

Metacalfe's law states that the value of a network is proportional to the square of the number of its users. In the context of crypto, this means that as more users join a network, the network’s value increases exponentially. Essentially, the more participants and interactions a blockchain network has, the greater its overall utility and potential for growth. 🚀 Network size, and hence value, does not grow unbounded but is constrained by practical limitations such as infrastructure, access to technology, and bounded rationality such as Dunbar's number. It is almost always the case that user growth n reaches a saturation point. With technologies, substitutes, competitors and technical obsolescence constrain growth of n. Growth of n is typically assumed to follow a sigmoid function such as a logistic curve or Gompertz curve. Therefore the value of Thorchain will increase if there is an increase in users and total value of transactions on chain Lets looks at Thorchains user statistics and Monthly value transacted