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.
Following Celsius’ On-Chain Financial Activity as Withdrawals are Halted
Late Sunday night (ET), the Celsius Network, one of the largest crypto asset lenders, dampened the mood on an already
Analyzing FTX & Coinbase Spot Volume Trends
May 2022 was a month full of changes in the crypto market. Amid the volatility, crypto exchanges experienced a big
State of the Network at Three Years Old
State of the Network just turned three years old! Bitcoin, Ethereum, and the rest of the crypto ecosystem has grown
Ethereum’s Token Shakeout
Ethereum’s 2014 whitepaper imagined many different future applications for the smart contract platform. But the very first application discussed in the
Surveying Stablecoins in the Wake of the LUNA/UST Collapse
Stablecoins have come under increased scrutiny over the last week following TerraUSD’s (UST) sudden collapse. On May 12th, Tether (USDT)
Crypto, Global Markets Fall Amid Renewed Volatility
As US equity markets closed Monday, bitcoin (BTC) hovered around $31K, the weakest level this year. As the macroeconomic environment
The BAYC Burn: Breaking Down the Otherside Gas War
On Saturday night Yuga Labs, the creators of Bored Ape Yacht Club (BAYC) launched their much anticipated “Otherside” metaverse land NFT
NEU Blockchain Club + Coin Metrics: The Cambrian Explosion of Stablecoins
Coin Metrics was originally founded in 2017 as an open-source project created in response to the dearth of high-quality crypto data needed
Halfway to the Next Halving: The State of Bitcoin in 8 Charts
Bitcoin is approaching the halfway point to yet another milestone for the protocol, the 4th halving event – the 4th
Launching Uniswap Swap Data
As part of an ongoing effort at Coin Metrics to collect and contextualize on-chain data from DeFi protocols, we’re excited
The State of the Network Q1 2022 Wrap-Up
In this special edition of State of the Network we take a data-driven look at crypto’s biggest storylines of Q1, 2022. Crypto on
The State of the Network Q1 Mining Data Special
As the crypto asset class matures, understanding the quickly developing landscape of crypto mining is critical. In proof-of-work (PoW) blockchains
