Decoding the Digital Dollar
In this week's issue of State of the Network, we assess the growth and usage patterns of stablecoins, providing an in-depth analysis across Coin Metrics' extensive suite of stablecoin coverage through the lens of our newly developed dashboard.
Latest Research
STOM July 30-August 4, 2021
Bitcoin and Ethereum price action diverged over the past week. Bitcoin continued to pull back from last week’s highs and [...]
Analyzing Tether and USDC Usage Patterns
The total supply of stablecoins is near 110B today, almost a 4x increase over the supply at the beginning of [...]
SOTM JULY 22-29, 2021
We have upward momentum once again. The asset class has seen broad week over week gains for the first week [...]
Understanding Total Value Locked (TVL)
Decentralized Finance (DeFi) has become one of the industry’s most vibrant topics, with dozens of new projects launching on a [...]
SOTM July 15-21, 2021
This week was a tough one as markets tested the lows again. Volume continued to decline across exchanges while Bitcoin [...]
Crypto Google Search Trends Analysis
Google search data is often used to analyze a wide-variety of trends. Although a Google search doesn’t necessarily translate into [...]
SOTM July 8-14, 2021
Volume continued to decline across the markets this week as the summer trading session moves on. Both Bitcoin and Ethereum [...]
The State of the Network Q2 Wrap-Up
After a strong start to the year, the second-quarter of 2021 was headlined by a crypto-wide crash. But despite the [...]
SOTM JULY 1-7, 2021
6The past week was quiet as a large swath of market participants were out enjoying the summer holiday. Both Bitcoin [...]