Parker Merritt is a Solutions Engineer and research contributor at Coin Metrics, where he works closely with clients to cultivate innovative frameworks for analyzing cryptoassets. He also authors the weekly State of the Market newsletter, and specializes in topics such as Bitcoin mining and data visualization. Prior to joining Coin Metrics, he worked in technical sales and studied mechanical engineering at the University of Florida.
SOTM Feb 1-7, 2024
Welcome to our 158th issue of State of the Market, where we provide an overview of crypto market activity from February 1 - 7, 2024. Solana experiences a major 5-hour outage due to a recent upgrade, though SOL price remains relatively unfazed, fully retracing from a -3% dip Measured by 2024 inflows, [...]
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SOTM September 22-28, 2022
Markets remain resigned as executives exit the crypto industry, extending a sector-wide stretch of corporate restructuring. Following Kraken CEO Jesse [...]
State of the Network’s Q3–2022 Mining Data Special
Analyzing some of the most important data points and stories in the mining industry from Q3 2022.
SOTM September 15-21, 2022
Macro forces once again dominate market sentiment after a relatively anticlimactic week of post-Merge activity. Ethereum's shift to proof-of-stake has [...]
SOTM September 8-14, 2022
If you're reading this, Ethereum is proof-of-stake. After reaching the Terminal Total Difficulty (TTD) of 58,750,000,000T early Thursday morning, the [...]
SOTM September 1-7, 2022
Stablecoins are back in the spotlight as regulators, issuers, and exchanges spar at the intersection of fiat and crypto. Russia [...]
SOTM August 25-31, 2022
Market sentiment has gone for a dip in the wake of Jay Powell's salient symposium at Jackson Hole. Though many [...]
SOTM August 18-24, 2022
"Code is law" means more than ever before as crypto companies face a host of new regulatory requirements. In a [...]
SOTM August 11-17, 2022
There's a rebellion brewing in the Ethereum ecosystem, and the stakes have never been higher. As the impacts of U.S. [...]
SOTM August 4-10, 2022
In a whirlwind week of regulation, privacy protocol Tornado Cash has been swept into the eye of the storm. On [...]