State of the Market is a weekly newsletter contextualizing the week’s crypto market movements with concise commentary from the Coin Metrics team, rich visuals, and timely data.

SOTM September 15-21, 2022
Macro forces once again dominate market sentiment after a relatively anticlimactic week of post-Merge activity. Ethereum’s shift to proof-of-stake has

SOTM September 8-14, 2022
If you’re reading this, Ethereum is proof-of-stake. After reaching the Terminal Total Difficulty (TTD) of 58,750,000,000T early Thursday morning, the

SOTM September 1-7, 2022
Stablecoins are back in the spotlight as regulators, issuers, and exchanges spar at the intersection of fiat and crypto. Russia

SOTM August 25-31, 2022
Market sentiment has gone for a dip in the wake of Jay Powell’s salient symposium at Jackson Hole. Though many

SOTM August 18-24, 2022
“Code is law” means more than ever before as crypto companies face a host of new regulatory requirements. In a

SOTM August 11-17, 2022
There’s a rebellion brewing in the Ethereum ecosystem, and the stakes have never been higher. As the impacts of U.S.

SOTM August 4-10, 2022
In a whirlwind week of regulation, privacy protocol Tornado Cash has been swept into the eye of the storm. On

SOTM July 28-August 3, 2022
Web3 enthusiasts are heading for the hills as Slope wallet joins the chorus of crypto projects exploited in a series

SOTM July 21-27, 2022
Though the fabled ‘Powell Pivot’ remains just out of reach, markets are surging on less-than-hawkish rhetoric emerging from the Federal

SOTM July 14-20, 2022
Blue-chip cryptos are enjoying a relief rally, eagerly leaving the trials and tribulations of Q2 in the rear view. After

SOTM July 7-13, 2022
It’s truly starting to seem like summer, and investors are feeling the heat like never before. After the release of

SOTM June 30-July 6, 2022
Legal proceedings have consumed the digital asset industry, leaving many investors frustrated with their findings in the fine print. On