Welcome to NANO standard, a website dedicated to tracking the evolution and adoption of Nano as a worldwide money standard. To understand Nano's progress, we monitor several key metrics that provide valuable insights into its growth and usage:
💰 Price Across Major World Currencies
- Why It Matters: Price serves as a reflection of market confidence and adoption.
- What I Expect: As Nano gains wider exposure and adoption, its price is likely to appreciate relative to fiat currencies and precious metals, signaling increased demand and utility.
📊 Total Volume Transmitted (in raw Nano units and fiat)
- Why It Matters: Increasing transaction volumes indicate growing adoption for transferring value.
- What I Expect: Both absolute transaction volume (in Nano) and equivalent fiat volume will grow over time as more individuals and businesses adopt Nano for financial transactions.
🔄 Send Confirmations Over Time
- Why It Matters: The number of "send" confirmations reflects the frequency of transactions occurring on the network.
- What I Expect: A steady increase in send confirmations suggests that more users are actively transacting value, further validating Nano's usability and network efficiency.
⚖️ Gini Coefficient of Transaction Volume
- Why It Matters: The Gini coefficient measures volume distribution within the Nano network. A Gini close to 1 means only a few transactions take up almost all the volumne, possibly meaning Nano is only used for speculative purposes. A Gini close to 0 means the volume is distributed more evenly, meaning Nano is being used for more everyday transactions by lots of people.
- What I Expect: Over time, the Gini coefficient should trend closer to 0, indicating broader participation and usage, and Nano fulfilling its role as a currency.
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