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.
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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
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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
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State of the Network’s 2024 Crypto Outlook
Digital assets rebounded sharply in 2023 as market conditions improved across the board and institutional interest accelerated alongside the impending
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Best of State of the Network in 2023
In this special edition of the State of the Network, we reflect on a year full of riveting data and crucial
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State of the Network’s 2023 Year in Review
In this special issue of State of the Network, we revisit the major stories that shaped the digital assets industry in
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State of the Network’s Q4 2023 Mining Data Special
This past year has been an eventful one for Bitcoin miners, marked by a major expansion in hashrate across North
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State of Stablecoins: Signs of Returning Liquidity
The supply of Tether (USDT) nears $90B, an all-time high Stablecoin supply utilization on DeFi increases Tether on Tron continues
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Evaluating a Dollar-Cost Averaged Portfolio
Dollar cost averaging (DCA) has become a key strategy for investors navigating the unpredictable realms of digital assets. This approach
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Checking On-Chain Indicators for Green Shoots in the Digital Assets Market
In this week’s edition of State of the Network, we present a selection of indicators that offer us insights against the
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November Rally Reaches New Corners of the Digital Asset Market
Building on the upward momentum from the previous month, digital asset markets extended their strength into November. This market-wide rally elevated the
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Ethereum Staking Through the Lens of Lido
In this issue of Coin Metrics’ State of the Network, we dive into Lido—the largest player within the staking economy—and understand
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Unpacking the Forces Behind the Market Rally
In this issue of Coin Metrics’ State of the Network, we offer a data-driven market update, focusing on both spot and