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.

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

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

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

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

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

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

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

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

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

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

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™

Exploring Supply Transparency
Coin Metrics and Swiss firm Bitcoin Suisse have collaborated to bring their expertise in crypto analytics and market insight to