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.
![State of the Network: Issue 33](https://coinmetrics.io/wp-content/uploads/2021/02/SOTN33-768x403.png)
Is Bitcoin Becoming a Safe Haven Asset?
Discussion regarding Bitcoin’s status as a safe haven asset during times of elevated geopolitical risk and macroeconomic uncertainty has existed
![](https://coinmetrics.io/wp-content/uploads/2020/01/SOTN32-768x403.png)
Investigating the Failed Stellar Inflation Experiment
Each blockchain has a unique process for issuing new supply. For some, like Bitcoin, the full issuance schedule and final
![State of the Network: 2019](https://coinmetrics.io/wp-content/uploads/2021/02/SOTN2019-768x403.png)
State of the Network 2019 Year in Review
In this special edition of State of the Network (SOTN) we take a look back at how the major cryptoassets
![State of the Network: Issue 31](https://coinmetrics.io/wp-content/uploads/2019/12/SOTN31-768x403.png)
Revisiting the Block Reward Halving Theory
The upcoming block reward halving for Bitcoin, anticipated in May 2020, has already given rise to intense discussion about its
![State of the Network: Issue 30](https://coinmetrics.io/wp-content/uploads/2021/02/SOTN30-768x403.png)
Ranking Crypto Assets by Auditability
In Medieval times, landed estates’ accounts were read out loud to a person charged by the local ruler to ensure
![State of the Network: Issue 29](https://coinmetrics.io/wp-content/uploads/2021/02/SOTN29-768x403.png)
Analyzing the Supply Distributions of Projects with On-Chain Governance
It takes a whole network of people to make a public blockchain work. You need miners to validate and secure
![](https://coinmetrics.io/wp-content/uploads/2019/12/SOTN28-768x403.png)
The Psychology of Bitcoin Bubbles as Measured by Investor Cost Basis
Bubbles and subsequent crashes in financial assets occur with regular frequency in economic history, largely due to deeply-rooted cognitive biases
![State of the Network: Issue 27](https://coinmetrics.io/wp-content/uploads/2021/02/SOTN27-768x403.png)
Weekly Network Data Insights
Crypto markets took a significant downturn towards the tail end of last week, with BTC price dropping to six-month
![State of the Network: Issue 26](https://coinmetrics.io/wp-content/uploads/2021/02/SOTN26-768x403.png)
How Many Bitcoins Are Permanently Lost?
Bitcoin’s whitepaper, which recently turned 11 years old, is so concise that it makes only a passing mention of supply:
![State of the Network: Issue 25](https://coinmetrics.io/wp-content/uploads/2021/02/SOTN25-768x403.png)
The Evolution of Ethereum Tokens
In 2015, Ethereum ushered in a new era for blockchains: the age of the token. Broadly defined, a “token” represents
![State of the Network: Issue 24](https://coinmetrics.io/wp-content/uploads/2021/02/SOTN24-768x403.png)
Macroeconomic Indicators for the Crypto-Economy
Just like a nation state’s economy has economic concepts (such as gross domestic product, inflation, and unemployment), a crypto asset
![State of the Network: Issue 23](https://coinmetrics.io/wp-content/uploads/2021/02/SOTN23-768x403.png)
The Signal and the Nonce: Hunting for ASICs in Nonce Distributions
The Great ASIC Debate. Since the early days of Bitcoin, the community has argued about whether to fight against increasingly powerful mining