Explore the digital assets ecosystem through our catalog of original data-driven research.
SOTM May 18-24, 2023
Past U.S. presidents have harbored hostility towards crypto, but 2024's cast of candidates are coming to consensus on a new view. Last Friday, Robert F. Kennedy Jr. took the stage at the Bitcoin 2023 conference, expressing admiration for the asset's [...]
Recent
SOTM April 20-26, 2023
After months of being taken to court, crypto firms are finally going on the offensive. Following their acquisition of a [...]
State of the Network Foundations: Blockchain Addresses
Today we are debuting a new State of the Network series entitled Foundations. This new series will present various “technical” aspects [...]
Movers & Shakers April 2023
Coin Metrics is committed to building the crypto economy on a foundation of truth, providing authentic and accurate data with [...]
SOTM April 13-19, 2023
For five hours on Tuesday, Congress grilled Gary Gensler. The SEC chair faced a fierce scolding from many members of [...]
Reviewing Ethereum’s Shapella Upgrade
In this week’s State of the Network, we analyze the network impacts and economic ramifications of the Shapella upgrade through the [...]
SOTM April 6-12, 2023
Seven months post-Merge, Ethereum notches another fork in its chain. The "Shapella" upgrade (combining 'Shanghai' for Execution & 'Capella' for [...]
The Shanghai Redemption: Ethereum’s Latest Upgrade
In this issue of the State of The Network, we will be covering the Ethereum “Shapella” upgrade, the latest milestone in the ongoing [...]
SOTM March 30-April 5, 2023
With the second quarter of 2023 underway, digital asset market participants are hoping for a repeat of the first. Despite [...]
State of the Network’s Q1 2023 Wrap-Up
In this special edition of State of the Network, we take a data-driven look at the most important events that impacted [...]
Special Insights
Monitoring DeFi Biggest Risk
This report covers one of the biggest risks in DeFi — the rise of a new development paradigm that introduces single points of failure to many DeFi applications. We begin by examining DeFi’s potential to change how financial products are [...]
Mapping out The Merge
After years of research and development, The Merge will transition Ethereum to Proof of Stake fundamentally changing the network’s security and economics, and realizing the most significant upgrade since its 2015 launch.
On-Chain Volume
Public blockchains are settling more value than ever before. But calculating on-chain transfer volume is a non-trivial exercise. Raw data is rife with noise and opportunity for misinterpretation. To create better estimates, Coin Metrics implements a series of rules or [...]