What is the Bitcoin network health index?
This is a composite index from 0 to 100 that summarises the activity and security of the Bitcoin network. It combines five on-chain metrics — hashrate, active addresses, daily transactions, on-chain volume and daily fees — each normalised against its own range over the last year, then averaged.
A high reading means most of these metrics are near the top of their yearly range (a busy, well-secured network); a low reading means the opposite. The orange line is the BTC price, shown only for context.
It describes the pulse of the network. It is not a price valuation, a buy/sell signal, or investment advice.
How is the index calculated?
Each of the five metrics is scaled from 0 to 100 by its minimum and maximum over the last year (min-max normalisation). The index is the simple average of those five scores for each day. It is a transparent, arithmetic summary, not a model or a forecast.
Does a high index mean the price will go up?
No. The index measures on-chain activity and network security, not price. Network usage and price can move together or apart. We only describe the figure; we do not predict price.
Why these five metrics?
Hashrate proxies network security and miner commitment; active addresses and transactions proxy real usage; on-chain volume proxies economic throughput; and daily fees proxy demand for block space. Together they give a broad read of the network's pulse.
Where does the data come from?
The on-chain series come from Blockchain.com and the BTC price from Binance (no API keys). The index is computed live from the last year of data; nothing is stored.