Explore the digital assets ecosystem through our catalog of original data-driven research.
SOTM July 11-17, 2024
Welcome to our 181st issue of State of the Market, where we provide an overview of crypto market activity from July 11-17, 2024. Ether ETF anticipation grows as Invesco and Galaxy propose a 0.25% fee for their spot offering, slightly above [...]
Recent
Exploring the Impacts of ETH ETF Approvals
In this issue of Coin Metrics’ State of the Network, we gauge the market reaction and network implications in the wake of [...]
SOTM May 16-22, 2024
Welcome to our 173rd issue of State of the Market, where we provide an overview of crypto market activity from May 16 [...]
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 [...]
SOTM May 9-15, 2024
Welcome to our 172nd issue of State of the Market, where we provide an overview of crypto market activity from May 9 [...]
Bitcoin’s Halving Aftermath
In this week's issue of Coin Metrics’ State of the Network, we examine the aftermath of Bitcoin's most recent block [...]
SOTM May 2-8, 2024
Welcome to our 171st issue of State of the Market, where we provide an overview of crypto market activity from May 2 [...]
Movers & Shakers May 2024
Coin Metrics is committed to building the crypto economy on a foundation of truth, providing authentic and accurate data with [...]
The Usage & Evolution of Decentralized Exchanges (DEX’s)
In this issue of Coin Metrics’ State of the Network, we employ a data-driven approach to explore activity across Ethereum decentralized [...]
SOTM Apr 25-May 1, 2024
Welcome to our 170th issue of State of the Market, where we provide an overview of crypto market activity from April 25 [...]
Special Insights
The Signal & The Nonce
This paper introduces a methodology for determining the market share of every major Bitcoin mining machine, or ASIC, by analyzing nonce patterns and incorporating data sourced from real-world ASICs. Using novel data produced by our analysis, we can generate estimates [...]
Trusted Exchange Framework 2.0
Centralized exchanges are a vital part of the crypto ecosystem but vary widely in quality across several use-cases. In order to promote transparency, innovation, and trust for the industry and its users, Coin Metrics is releasing an update to the [...]
Decoding Crypto Pricing
A price is one of the most basic data points of any functioning, active market. Digital assets are traded around the clock, 24 hours a day, 7 days a week, and 365 days a year. These assets are well-known for [...]