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 the digital assets industry from Q3 2023.
Recent
No Ordinary Number: Exploring Bitcoin Ordinal NFTs
In this State of the Network, we dig into the data behind an emergent use case for Bitcoin blockspace.
DeFi & Real World Assets: An Introduction to Goldfinch Finance
A crucial step in the evolution of DeFi is its intersection with Real-World-Assets (RWAs). In this issue of State of the Network, we explore the theme of RWA-lending with an introduction to Goldfinch Finance—a decentralized credit protocol on Ethereum bringing real world credit [...]
What is MEV anyway?
MEV was never an element of the design of Ethereum—instead, it was an emergent phenomenon, and one that surprised everyone in the crypto community. It went from theoretical to operational (and very profitable) after only a couple of years, raising [...]
Monitoring the Currents of the Crypto Market
The digital asset market is experiencing a surge in activity as we kick off the new year. Bitcoin is up 36% in January rising to $22,500, its highest level since last summer.
Bitcoin Supply Trends
In the aftermath of last year’s market downturn and eventful year in the digital assets space, what are some observations we can make about BTC’s supply dynamics? Using Coin Metrics’ Network Data—sourced from our Bitcoin nodes—we have identified two key [...]
The State of DeFi Tokens in 2023
In this issue of the State of The Network, we take a look at the latest developments of tokens in the DeFi space, including market dynamics, supply statistics and measures of adoption.
State of the Network’s 2023 Crypto Market Outlook
In this special edition of State of the Network, we share our thoughts on the biggest trends to watch out for in the crypto markets in 2023.
The Best of State of the Network in 2022
In this special edition of State of the Network, we look back at some of the Coin Metrics Research team’s favorite issues from 2022. Data visualization has always been an important part of SOTN, and this year, we’ve segmented content by our [...]
The State Of The Network 2022 Year In Review
In this special edition of State of the Network, we take a data-driven look at the biggest stories from 2022.
Special Insights
The Rise of NFTs
Since the dawn of the Internet people have been creating content and sharing it online. From videos, to music, to memes, the web is full of digital objects. But for most of the Internet’s history there hasn’t been a way [...]
The Crypto Futures Data Primer
Derivatives are complex investment products, often used as part of advanced trading strategies. Understanding futures fundamentals can give you deeper insight into market dynamics and price movement. In this piece we explore the basics of crypto futures data. In particular, [...]
On-Chain Indicators
Bitcoin represented (among other things) a huge step forward in terms of financial data transparency. Since all transactions are publicly recorded on-chain, a whole new set of fundamental indicators is available to crypto investors. We take a look at some [...]