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.
Altseason Watch
It’s starting to feel a lot like altseason. That magical time of year when people you went to high school
Bitcoin Highs and Lows
It was a crazy week for bitcoin and for the world. On January 6th the US was thrown into civil
Crypto’s Biggest Storylines Going Into 2021
The end of 2020 saw crypto climb to new highs. In this issue of State of the Network we look
State of the Network Best of 2020
In this special edition we look back at the best issues of State of the Network over the past year.
The State Of The Network 2020 Year In Review
In this special year end edition of State of The Network we review crypto’s tumultuous 2020 run. To explore the
Bitcoin As A Hedge Against Inflation
For most of its existence institutions have stayed away from investing in bitcoin, typically citing it as a risky, speculative
The Bitcoin On-Chain Indicators Primer
We’re excited to introduce our latest in-depth research report: The Bitcoin On-Chain Indicators Primer.
Signs of Institutional Investors
Over the past few weeks, Ari Paul, Luke Martin, and other commentators have noted that bitcoin’s upward price movements since
Dissecting a Bitcoin Bull Market
A pandemic, followed by global societal shutdowns, followed by rampant social unrest, followed by increased political polarization, followed by unprecedented
The State of DeFi Tokens
Decentralized finance (DeFi) took over the crypto world during the summer. But it cooled off after September, and has taken
Bitcoin: An Unprecedented Experiment in Fair Distribution
Much has been written about the fundamental differences between Bitcoin and other asset classes. In fact, juxtapositions of Bitcoin and
Following Flows: A Look at Miners’ On-Chain Payments
Using a new methodology that looks at addresses one hop out from the coinbase transaction, this report quantifies miner holdings
