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CM Perspectives

Stay up-to-date with release notes, news, research and insights from Coin Metrics. The most current issue of our State of the Network newsletter is here. For all previous issues select the State of the Network category below.

Coin Metrics' State of the Network: Issue 26

Coin Metrics’ State of the Network: Issue 26

How Many Bitcoins Are Permanently Lost? Bitcoin’s whitepaper, which recently turned 11 years old, is so concise that it makes ... Read More
Coin Metrics' State of the Network: Issue 25

Coin Metrics’ State of the Network: Issue 25

The Evolution of Ethereum Tokens In 2015, Ethereum ushered in a new era for blockchains: the age of the token ... Read More
Coin Metrics' State of the Network: Issue 24

Coin Metrics’ State of the Network: Issue 24

Weekly Feature Macroeconomic Indicators for the Crypto-Economy Just like a nation state’s economy has economic concepts (such as gross domestic ... Read More
Coin Metrics' State of the Network: Issue 23

Coin Metrics’ State of the Network: Issue 23

The Signal and the Nonce: Hunting for ASICs in Nonce Distributions The Great ASIC Debate Since the early days of ... Read More
Coin Metrics' State of the Network: Issue 22

Coin Metrics’ State of the Network: Issue 22

Weekly Feature Bitfinex Market Share is Declining Bitfinex, the controversial Hong Kong based exchange at the heart of ongoing investigations ... Read More
Coin Metrics' State of the Network: Issue 21

Coin Metrics’ State of the Network: Issue 21

Weekly Feature BTC Is Close to $1B of All-time Fees, But Fee Growth is Slowing BTC is close to eclipsing ... Read More
Coin Metrics' State of the Network: Issue 20

Coin Metrics’ State of the Network: Issue 20

Weekly Feature Tezos Market Cap Bounced Back in 2019, But Still Has Little Usage After a controversial start, Tezos (XTZ) ... Read More
Coin Metrics' State of the Network: Issue 19

Coin Metrics’ State of the Network: Issue 19

A double header this week: This week’s issue has two weekly features. The first is about the recent market sell-off, ... Read More
Coin Metrics' State of the Network: Issue 18

Coin Metrics’ State of the Network: Issue 18

Weekly Feature Stellar Airdrops Are Mostly Transferred to Exchanges or Unclaimed On November 6th, 2018, Blockchain.com announced it was creating ... Read More