Ethereum ($ETH) is reportedly seeing significant market turbulence, as the statistical data indicates. Particularly, the ten out of twelve valuation models tracking Ethereum ($ETH) present it to be undervalued. As per Ki Young Ju, the CEO of CryptoQuant, these models point out that Ethereum ($ETH) has yet to reach its true worth. Keeping this in view, the flagship altcoin has substantial room for growth at the moment.

Ethereum’s Price Lags Behind, 10 Out of 12 Top Valuation Models Agree

Ki Young says that, out of twelve Ethereum ($ETH) valuation models, ten signify the undervaluation of Ethereum ($ETH). In this respect, the top valuation model is Metcalfe’s Law. As of November 29, the respective model shows $9,887.1 as the true value of Ethereum ($ETH). On the other hand, the current market price of Ethereum ($ETH) is just $2,998.9. Additionally, the respective model also points toward the accumulation opportunities and potential price rallies to come.

Apart from that, another valuation model highlighting Ethereum’s ($ETH) undervaluation is DCF (Staking Yield). It says that $ETH’s real value stands at $8,996.8. So, this model also displays the income-generation potential of Ethereum. Subsequently, Validator Economic is another valuation model that underscores its undervaluation, while sitting at $6,985.1.

Apart from that, Settlement Layer discloses that Ethereum’s ($ETH) true value hovers around $5,105.8, denoting a massive space for a rally. Following that, Commitment Premium reportedly shows $5,068.9 as the real valuation of the leading altcoin. Moving on, “Composite Fair Value” and “App Capital” come after that.  These models are now standing at $5,062.5 and $4,920.5. Coming after that, “L2 Ecosystem” and “TVL Multiple” reportedly account for $4,716.1 and $4,110.5. Moving on,

Majorly Seen Undervaluation Indicates Massive Upside Potential

Ki Young Ju’s list of Ethereum ($ETH) valuation models next includes “TVL Multiple” and “MC/TVL Fair Value” at $4,110.5 and $3,523.3. Last among the valuation models presenting Ethereum’s undervaluation is “Staking Scarcity,” accounting for $3,496.5. Contrarily, the 11th and 12th valuation models, which are lower than Ethereum’s current price, are “Revenue Yield” and “P/S Ratio (25x), at $1,433.8 and $923.4. Overall, while most of the models suggest Ethereum ($ETH) to be undervalued, it appears to have a robust upside potential.