State of the Network is an unbiased, weekly report informed by Coin Metrics’ own network (on-chain) and market data and is an essential resource for professionals and enthusiasts seeking to stay up-to-date on the latest trends and most important developments within the digital assets industry.

How-ey Can Get Out of Here
In this issue of Coin Metrics’ State of the Network, we’ll address some of Commissioner Pierce’s questions and demonstrate how on-chain

Analyst Spotlight Solana Overview
In this issue of Coin Metrics’ State of the Network, we bring you the latest installment in our “Asset Spotlight” series, this

Bybit Burglarized For a Billion
In this issue of Coin Metrics’ State of the Network, we turn our attention to the Bybit exchange hack, utilizing on-chain

Pectra: Ethereum’s Next Major Upgrade
In this issue of Coin Metrics’ State of the Network, we break down Pectra’s key changes and what they mean for

Previewing Coinbase Q4 2024 Earnings
In this issue of Coin Metrics’ State of the Network, we preview Coinbase’s Q4 2024 earnings using a combination of Coin

Checking in on Solana After the Launch of TRUMP
In this issue of Coin Metrics’ State of the Network, we analyze how Solana fared during this period, examining exchange volumes,

Precog and Bittensor: Redefining Crypto Market Intelligence
In this issue of Coin Metrics’ State of the Network, we’ll dive into what Bittensor is, how its subnets work, and

Bitcoin ETFs, One Year Later
In this week’s issue of Coin Metrics’ State of the Network, we reflect on the remarkable success of spot Bitcoin ETFs

Coin Metrics’ 2025 Outlook Report
In this week’s special edition of State of the Network, we explore the 2025 outlook for digital assets, highlighting Bitcoin’s

Bitcoin’s 16th Birthday
In this special edition of the State of the Network, we reflect on Bitcoin’s remarkable journey as it celebrates its

Best of State of the Network in 2024
In this special edition of the State of the Network, we reflect on a year full of riveting data and

State of the Network 2024 Year in Review
As we wrap up 2024, a year that stands in stark contrast to the crypto winter of 2022, we’d like