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.

The Best of State of the Network in 2021
In this special edition of State of the Network, we look back at some of the best issues in 2021. This year,

The State Of The Network 2021 Year In Review
In this special edition of State of the Network we look back at crypto’s biggest storylines of 2021. To explore the data

Introducing Coin Metrics’ Bitcoin Wallet Metrics
One of Coin Metrics’ goals is to determine the economic significance of public blockchains. We try to achieve this by

Comparing Returns Across the Major ERC-20 Tokens
One of the primary use cases of Ethereum and other smart contract platforms is the creation of digital tokens. Tokens

Explaining Some of Crypto’s Biggest Data Anomalies
The history of economics and finance is filled with examples of data oddities and irregularities. Numerous economic time series are

Do Ethereum Gas Fees Vary by Time and Day of Week?
With network activity rising and ETH’s price above $4K, twenty-two days into November there has yet to be a day with

Bitcoin & CPI Hit New Highs
Bitcoin price jumped to a new all-time high of $68,998 on November 10th after Consumer Price Index (CPI) data showed inflation

Bitcoin & CPI Hit New Highs
Bitcoin price jumped to a new all-time high of $68,998 on November 10th after Consumer Price Index (CPI) data showed inflation

Smart Contract Platforms Lead the Market to New All-Time Highs
The Coin Metrics CMBI10 index hit new all-time highs this past week as bullishness picks up across the market. The CMBI10

Revisiting the Myth of Bitcoin Ownership Concentration
With the price of bitcoin floating around an all-time high, almost all holders of bitcoin today are in the green.

Unpacking the data behind bitcoin’s new all-time high and inaugural ETF launch
After a 189-day gap between its last all-time high, bitcoin’s price soared to new heights on October 20th, breaking above

Bitcoin Bullishness Returns As ETF Launches
On Friday October 15th BTC broke above $60K for the first time since April of this year. With the first