Coinbase has launched a new metric for blockchain analysis: the H-index, a new tool designed to provide a more accurate measure of blockchain network health by focusing on real user engagement.
Traditional indicators such as daily transaction volume are easily disturbed by witch attacks or airdrop activities, which distort real user activity, and the H-index addresses this by considering both the number of addresses and the diversity of senders.
However, the H-index is not perfect at present, and large wallets and different blockchain architectures may still distort the data. (bitcoinist)