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 State of Bitcoin: Q2 Reset
After a big Q1 bitcoin (BTC) has been relatively quiet so far in Q2, even as ether (ETH), Dogecoin (DOGE)

Ethereum’s Institutional Evolution
Ether (ETH) once again reached new all-time highs this past week. Price climbed to over $3,300 after dropping below $2,100

State of the Network’s 100 Crypto Data Insights
State of the Network just turned 100! In a special edition to celebrate the release of the 100th issue of

Introducing the Crypto Futures Data Primer
After topping $63K last week bitcoin (BTC) came crashing back down to earth this weekend. Following Coinbase’s IPO on Wednesday

DAI’s Stabilizing Growth
Stablecoins are a key part of the crypto ecosystem. But despite the name, stablecoins aren’t always stable. On April 3rd

Bitcoin On-Chain Indicators Update
In December 2020 we released the Bitcoin On-chain Indicators Primer, an in-depth introduction on how to use on-chain data to help

Bitcoin On-Chain Indicators Update
In December 2020 we released the Bitcoin On-chain Indicators Primer, an in-depth introduction on how to use on-chain data to help

The State of the Network Q1 Wrap-Up
Crypto has already undergone rapid expansion in 2021. We’ve seen new all-time highs and a new wave of adoption and

The Ethereum Gas Report
Ethereum adoption is growing like never before. Decentralized finance (DeFi) continues its rapid rise, stablecoins are being adopted around the

A Year After The Crash
On March 12, 2020, amid rising panic over the rapid spread of COVID-19, bitcoin (BTC) crashed from about $8,000 to

Measuring Ethereum Miner Activity
The Ethereum community has always had a somewhat strained relationship with miners. The network’s proof of work algorithm, Ethash, was

Back on Solid Ground
The market took a downturn last week after bitcoin (BTC) reached as high as $58K. The stock market also sold