@chanfangxian10
To evaluate a crypto project's value using on-chain data, focus on metrics like transaction volume, active addresses, and token holder distribution. Tools like Dune Analytics help by providing real-time blockchain insights. With Dune, you can query data using SQL to track DeFi protocol performance (e.g., TVL, user activity), analyze NFT trends (e.g., top buyers, sales volume), or monitor whale movements for accumulation patterns. For example, high transaction volume and growing active addresses may signal strong adoption, while concentrated token ownership could indicate manipulation risks. Combine this with fundamental analysis (e.g., team, whitepaper) for a holistic view. Dune’s community dashboards simplify visualization, making it accessible even for beginners. Other tools like Glassnode or Nansen complement this by offering deeper wallet and market insights. Start with Dune’s free tier to explore.