State of the Network 2024 Year in Review

As we wrap up 2024, a year that stands in stark contrast to the crypto winter of 2022, we’d like to pause and reminisce on a momentous year for the crypto industry. 2024 was one of the most consequential years in the history of crypto across multiple fronts, starting with the launch of Bitcoin ETFs and concluding with Bitcoin crossing $100K post- election. In this special issue of Coin Metrics’ State of the Network, we revisit the major developments that shaped the digital assets industry in 2024 through a data-driven lens.

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