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.

Monitoring the Currents of the Crypto Market
The digital asset market is experiencing a surge in activity as we kick off the new year. Bitcoin is up

Bitcoin Supply Trends
In the aftermath of last year’s market downturn and eventful year in the digital assets space, what are some observations

The State of DeFi Tokens in 2023
In this issue of the State of The Network, we take a look at the latest developments of tokens in

State of the Network’s 2023 Crypto Market Outlook
In this special edition of State of the Network, we share our thoughts on the biggest trends to watch out for in

The Best of State of the Network in 2022
In this special edition of State of the Network, we look back at some of the Coin Metrics Research team’s favorite issues

The State Of The Network 2022 Year In Review
In this special edition of State of the Network, we take a data-driven look at the biggest stories from 2022.

State of the Network’s Q4 2022 Mining Data Special
In this special edition of State of the Network, we take a data-driven look at the Bitcoin mining ecosystem in

Tracking Exchange Wallets
In this week’s State of the Network, we discuss how to track crypto asset exchange balances on public blockchains as well

A Look at Stablecoins and Other On-Chain Derivatives
Crypto market participants continue to recalibrate following the abrupt shocks emanating from FTX’s woes. As we have covered in recent editions of State

A Front-Row Seat to FTT’s Collapse
Our analysis of Binance’s markets render a dramatic scene of the events leading to the catastrophic devaluation of FTT.

Using On-Chain Data to Investigate the Fall of FTX
In a shocking turn of events, FTX suffered an unexpected downfall. In this State of the Network issue, we use on-chain data

Introducing datonomy™: A Digital Assets Taxonomy
More than a decade has passed since bitcoin was launched as crypto’s first digital currency. The digital asset ecosystem has