Utilization refers to how effectively a cryptocurrency or blockchain is used in real-world applications. This includes measuring the actual transactions conducted, the number of active users, and the overall demand for the token.High utilization indicates that the cryptocurrency has practical value and is integrated into various ecosystems, such as payment systems, decentralized finance (DeFi), or non-fungible tokens (NFTs). When more people use a cryptocurrency for transactions or services, it can lead to increased demand and price appreciation.Conversely, low utilization suggests that a cryptocurrency may not be meeting user needs or lacks a compelling use case. This can negatively impact its value and market perception. Tracking utilization helps investors and developers gauge a cryptocurrency’s potential growth and viability, making it a key metric in assessing its overall success.