Explore the digital assets ecosystem through our catalog of original data-driven research.
SOTM Dec 14-20, 2023
Welcome to our 151st issue of State of the Market, where we provide an overview of crypto market activity from December 14 - 20, 2023. SOL flips XRP to become the 5th-largest crypto asset by market cap, burgeoned by enthusiasm [...]
Recent
Are BTC and ETH Spot Markets Maturing? Assessing the Health of Crypto Market Structure Using Order Book Data
In just a little over two weeks, October 31st will mark the 13th anniversary of the release of the Bitcoin white [...]
SOTM September 30-October 6, 2021
Gradually, then suddenly. The Earnest Hemmingway line on bankruptcy applies well to the past week's Bitcoin price action.. After retreating [...]
The State of the Network Q3 2021 Wrap-Up
In this special edition of State of the Network we take a data-driven look at crypto’s biggest storylines of Q3, [...]
Coin Metrics Q3 ‘21 By The Numbers
This special supplementary report features over 30 charts highlighting crypto data trends from Q3 2021. The charts are organized by [...]
SOTM September 23-29, 2021
The market-wide risk-off sentiment continued this week as we continued to trade the chop. Last Friday, the asset class pulled [...]
Digging into Uniswap DEX Data
Decentralized exchanges (DEXes) have quickly emerged as essential systems to trade crypto assets in the rapidly innovating sector of decentralized [...]
SOTM September 16-22, 2021
Volatility picked up this week as we moved in on the futures and options expiration for September. Selling picked up [...]
The Rise of NFTs: A Data-Driven Overview of Non-Fungible Tokens
The following is adapted from an in-depth, data-driven research report covering the rise of NFTs (https://coinmetrics.io/the-rise-of-nfts/). NFTs have become one [...]
The Rise of NFTs
Since the dawn of the Internet people have been creating content and sharing it online. From videos, to music, to [...]