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.
Maker’s Dai Dilemma
Maker is one of the oldest DeFi protocols and the creator of Dai—the largest crypto-backed stablecoin by market capitalization ($4.7
State of the Network Foundations: Blockchain Addresses
Today we are debuting a new State of the Network series entitled Foundations. This new series will present various “technical” aspects
Reviewing Ethereum’s Shapella Upgrade
In this week’s State of the Network, we analyze the network impacts and economic ramifications of the Shapella upgrade through the
The Shanghai Redemption: Ethereum’s Latest Upgrade
In this issue of the State of The Network, we will be covering the Ethereum “Shapella” upgrade, the latest milestone in the ongoing
State of the Network’s Q1 2023 Wrap-Up
In this special edition of State of the Network, we take a data-driven look at the most important events that impacted
State of the Network’s Q1 2023 Mining Data Special
In our 200th issue of State of the Network, we share a special report on Bitcoin Mining Data for Q1
An Introduction to Liquid Staking
In this issue of State of the Network, we discuss the need for liquid staking — which allows users to
An Introduction to Liquid Staking
In this issue of State of the Network, we discuss the need for liquid staking — which allows users to
FDIC Takeover of Silicon Valley Bank: Assessing the Impact on Stablecoins
Silicon Valley Bank (SIVB) was taken over by the FDIC on Friday morning following a bank run that drained their
Decentralized Exchanges Four Months After FTX
Using data from Coin Metrics’ DEX data feed, we examine the underlying activity on Uniswap and Sushiswap to understand usage
Decoding Crypto Pricing: Insights for Institutional Investors
In this report, we aim to compare and contrast Coin Metrics’ two independent pricing methodologies, elucidate their underlying accounting rationale,
Dancing with the Regulator: Stablecoin Data in the Wake of New Regulatory Action
In this State of the Network, we examine stablecoin data following the recent regulatory developments surrounding the Binance USD (BUSD)
