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.
Understanding Total Value Locked (TVL)
Decentralized Finance (DeFi) has become one of the industry’s most vibrant topics, with dozens of new projects launching on a
Crypto Google Search Trends Analysis
Google search data is often used to analyze a wide-variety of trends. Although a Google search doesn’t necessarily translate into
The State of the Network Q2 Wrap-Up
After a strong start to the year, the second-quarter of 2021 was headlined by a crypto-wide crash. But despite the
Ethereum Gas Update
Ethereum gas price has dropped down to its lowest levels since March, 2020. While a few months ago average gas price
Using On-Chain Indicators To Assess The Current Market Cycle
The crypto markets dropped again this past week after more news of Chinese regulation, including the PBOC telling the country’s major
Analyzing Bitcoin Dominance and the Altcoin Boom
Weekly Research Focus Analyzing Bitcoin Dominance and the Altcoin Boom By Nate Maddrey and the Coin Metrics Team Bitcoin dominance dropped to under 40%
Analyzing Bitcoin Dominance and the Altcoin Boom
Weekly Research Focus Analyzing Bitcoin Dominance and the Altcoin Boom By Nate Maddrey and the Coin Metrics Team Bitcoin dominance dropped to under 40%
Bitcoin Becomes Legal Tender
On June 9th the El Salvador congress passed a bill officially making bitcoin (BTC) legal tender. A pivotal moment for
Trading Volume Trends
Over the last month, ether (ETH) trading volume has caught up with bitcoin (BTC) volume on Binance, the largest exchange
Stability After The Crash
The crypto market has been tested over the last few weeks following a cascade of negative news. The resulting price crash has
Bitcoin’s Big Shift: A Data-Driven Analysis of the May 2021 Crypto Crash
Over the last two weeks crypto was hit by a double tsunami of negative news. First, Elon Musk kicked things
In Retrospect, It Was Inevitable
After helping push bitcoin (BTC) price to close to $60K just three months ago, Elon Musk sent the markets in
