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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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
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Navigating the Liquidity Landscape
In today’s issue of State of the Network, we examine trends in trading volume and market data, using Coin Metrics’ datonomy™
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Exploring Supply Transparency
Coin Metrics and Swiss firm Bitcoin Suisse have collaborated to bring their expertise in crypto analytics and market insight to
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Circle’s Silver Lining: Unpacking USDC’s Supply Drop in an Era of Rising Rates
In this issue of State of the Network, we set out to analyze USDC’s supply loss and its impact on Circle.
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State of the Network’s Q3 2023 Wrap-Up
In this special edition of State of the Network, we take a data-driven look at the most important events that impacted
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State of the Network’s Q3 2023 Mining Data Special
In this week’s State of the Network, we return with our quarterly mining data special, where we provide a close examination
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A Glimpse into Coinbase through Coin Metrics’ Data
Through the lens of Coin Metrics, a wealth of market and on-chain data allows us to build new insights into
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One Year Since The Merge
In this issue of the State of the Network, we revisit the predictions we made about Ethereum’s now-defunct mining operations, take a look
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Evaluating the Market Quality of DeFi Collateral
In this issue of State of the Network, we use a combination of Coin Metrics’ Network Data (DeFi Balance Sheets)
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Exploring Common Ownership Patterns Across Major Stablecoins on Ethereum
In this issue of State of the Network, we explore common ownership patterns across major stablecoins on Ethereum using on-chain data
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Beauty in Predictability: Understanding the Bitcoin Halving Cycle
In this issue of State of the Network, we give an overview of the concept of halvings, their implications, and examine
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From East to West: the Global Pulse of Stablecoin Transactions
In this report, we share a new data-driven approach to estimate the geographical preference around stablecoins.