Explore the digital assets ecosystem through our catalog of original data-driven research.
SOTM Mar 14-20, 2024
Welcome to our 164th issue of State of the Market, where we provide an overview of crypto market activity from March 14 - 20, 2024. BlackRock partners with tokenization firm Securitize to create an on-chain "Digital Liquidity Fund," with their BUIDL token [...]
Recent
SOTM Dec 21-27, 2023
Welcome to our 152nd issue of State of the Market, where we provide an overview of crypto market activity from December [...]
Best of State of the Network in 2023
In this special edition of the State of the Network, we reflect on a year full of riveting data and crucial [...]
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 [...]
State of the Network’s 2023 Year in Review
In this special issue of State of the Network, we revisit the major stories that shaped the digital assets industry in [...]
SOTM Dec 7-13, 2023
Welcome to our 150th issue of State of the Market, where we provide an overview of crypto market activity from [...]
State of the Network’s Q4 2023 Mining Data Special
This past year has been an eventful one for Bitcoin miners, marked by a major expansion in hashrate across North [...]
SOTM Nov 30-Dec 6, 2023
Welcome to our 149th issue of State of the Market, where we provide an overview of crypto market activity from [...]
State of Stablecoins: Signs of Returning Liquidity
The supply of Tether (USDT) nears $90B, an all-time high Stablecoin supply utilization on DeFi increases Tether on Tron continues [...]
Movers & Shakers December 2023
Coin Metrics is committed to building the crypto economy on a foundation of truth, providing authentic and accurate data with [...]
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 [...]