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Explore the digital assets ecosystem through our catalog of original data-driven research.
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Canton Analyst Overview
This report provides an overview of the Canton Network and its native asset, Canton Coin (CC), showing how its tokenomics,

Analyst Update – Ethereum
Coin Metrics explores how Digital Asset Treasuries, stablecoin legislation, and Layer-2 scaling are driving Ethereum’s surge above $4,000 and shaping

Analyst Update – Bitcoin
Our initial Bitcoin Asset Analysis in September 2024 highlighted the increasing scarcity of BTC, its benefits in modern portfolio theory,

Bitcoin ETFs, One Year Later
In this week’s issue of Coin Metrics’ State of the Network, we reflect on the remarkable success of spot Bitcoin ETFs

SOTM January 9 – 15, 2025
Crypto Markets Surge | MicroStrategy Acquires More BTC | Sony Unveils Soneium L2 | Nubank Introduces USDC Rewards Program |

Coin Metrics’ 2025 Outlook Report
In this week’s special edition of State of the Network, we explore the 2025 outlook for digital assets, highlighting Bitcoin’s

SOTM January 2 – 8, 2025
U.S. DOJ Authorized to Sell Silk Road BTC | Greenland’s Bitcoin Mining | Starkware Introduces SN Stack | Bitcoin Mining

Bitcoin’s 16th Birthday
In this special edition of the State of the Network, we reflect on Bitcoin’s remarkable journey as it celebrates its

Movers & Shakers January 2025
Coin Metrics is committed to building the crypto economy on a foundation of truth, providing authentic and accurate data with

Best of State of the Network in 2024
In this special edition of the State of the Network, we reflect on a year full of riveting data and

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

SOTM December 12 – December 18, 2024
Circle Partners with Binance | Ripple’s RLUSD Gains Approval | Anchorage Digital Obtains BitLicense | HYPE Claims Largest Crypto Airdrop

State of the Network’s Q4 2024 Mining Data Special
In this week’s issue of State of the Network, we’ll take a deep dive into the shifting patterns and trends shaping

SOTM December 5 – December 11, 2024
The United States’ New Crypto Czar | MicroStrategy Increases BTC Holdings | El Salvador Nears Deal with IMF

Where in the World is Crypto Trading?
In this issue of Coin Metrics’ State of the Network, we’ll explore the seasonal and geographical patterns of crypto trading activity.