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’s Q1 2024 Mining Data Special
Our quarterly update on Bitcoin mining, zeroing in on recovering revenues, public miner strategies, and increased energy usage.
Appraising Growth in Digital Asset Markets
In this week’s issue of State of the Network, we take a closer look at the shift in digital asset market
Market Dynamics and Risks of Liquid Staking Derivatives
In this issue of State of the Network, we focus on the market dynamics and risks of the Ethereum liquid
Following Flows V: Pool Cross-Pollination
In this week’s issue of State of the Network, we take a closer look at “0-hop” and “1-hop” addresses to follow
Breaking Byzantine Fault Tolerance
In this week’s State of the Network, we dive into the method and findings of the paper Breaking BFT: Quantifying the
At the Crossroads: Bitcoin ETFs & Coinbase
In this week’s issue of State of the Network, we look at the interplay between the launch of spot Bitcoin ETFs and
Navigating the Avalanche: An Introduction to the Avalanche Network
In this week’s issue of Coin Metrics’ State of the Network, we navigate Avalanche’s role in the digital asset ecosystem. We’ll explore
Ethereum’s Dencun Upgrade
In this week’s issue of State of the Network, we delve into the details of the Dencun upgrade. We will explore the nature
Conducting the ETH Census
The Unexpected Challenge of Calculating Ethereum’s Total Supply
Tether’s Ascent: Breaking Down the Dominant Stablecoin’s Growth
In this week’s issue of Coin Metrics’ State of the Network, we delve into Tether’s recent all-time highs, exploring its primary avenues
A Short Guide to Bitcoin On-Chain Data for ETF Newcomers
In this edition of State of the Network, we turn our attention to the cohort of ETF newcomers now taking a
Market Structure on the Cusp of Spot Bitcoin ETFs
In this issue of Coin Metrics’ State of the Network, we delve into the digital asset market structure and examine dynamics
