Insights
Explore the digital assets ecosystem through our catalog of original data-driven research.
Tags

Analyst Spotlight Solana Overview
Solana’s focus on high transaction throughput and cheap fees has allowed developers to deploy products that may not have been

Analyst Spotlight Ethereum Overview
Ethereum is a decentralized computing platform and was the first network to enable users to create, deploy, and interact with

Analyst Spotlight Bitcoin Overview
Bitcoin (BTC) has captured many eyes with its highly volatile price action and large returns in an industry shrouded in

Comparing exchange volume to on-chain deposits
In pursuit of our objective to characterize the economic nature of all major public blockchains, we have sought to understand the

Thoughts on Supply Distribution
Today, 96% of all of the 26 million Ether addresses with a balance hold one or fewer units of ETH.

Research Highlight: Ripple
As part of Coin Metrics standard due diligence process when adding new assets/nodes to our Pro data services, we noticed

An on-chain analysis of Ripple’s escrow system
Coin Metrics recently released version 3.0 of our CM Network Data Pro product. This release includes many new assets, including

Evaluating Bitcoin forks with network data
Determining the success of a UTXO fork is a fraught exercise. There is no agreed-upon standard for measuring adoption. Establishing

Granular mining pool mapping with Bitcoin’s coinbase outputs
How concentrated is block formation in Bitcoin? Which mining pools are dominant, and how long have they held that position?

Don’t trust, verify: A Bitcoin Private case study
Bitcoin Private (BTCP) is a fork-merge of Bitcoin and ZClassic (ZCL, a fork of ZCash that removed the founders’ reward).

Introducing Realized Capitalization
The motivation for the creation of Realized Cap was the realization that “Market Capitalization” is often an empty metric when

What should we expect from Bitcoin’s block size in the coming years?
tl;dr: under full SegWit adoption you should expect blocks in the 1.6-2 mb range, with larger outliers. How big will

Introducing our adjusted transaction volume estimates
As we have exhaustively covered, getting accurate estimates of the actual economic throughput of public blockchains is not a trivial

An analysis of batching in Bitcoin
On May 6th, 2017, Bitcoin hit an all-time high in transactions processed on the network in a single day: it

On data and certainty
Being certain is a lovely thing. Despite what many would allege about the poor finality of proof of work, the