Coin Metrics State of the Network

Coin Metrics State of the Network

Home
Coin Metrics
Data
State of the Market
Archive
About
Ethereum Update: Can Further Scaling Return Value to Ethereum?
Ethereum Analyst Update (September 2025)
Sep 23
Shake Up in the Stablecoin Sector
An update on stablecoin competitive dynamics in the wake of the GENIUS Act
Sep 16
The Flavors of ETH: From Wrapped to Liquid Staked Tokens
Mapping ETH variants with a focus on LST pricing, liquidity, and redemptions
Sep 9
Bitcoin Update: Is Network Activity Keeping Up With Demand?
Bitcoin Analyst Update (September 2025)
Sep 2

August 2025

Monero’s Stress Test & The Risks to PoW Security
Monero’s incident with Qubic and what it reveals about PoW security
Aug 26
Layer-1 Vertical Analysis
Vertical Analysis: Layer-1 blockchain architectures, usage, and token economics
Aug 19
Exploring the On-Chain Effects of ETH Treasury Companies
Supply Dynamics, Ecosystem & On-Chain Impact of ETH Treasury Companies
Aug 12
Taking Stock of Crypto Exchanges Pursuing an IPO
A look at crypto exchanges preparing to go public
Aug 5

July 2025

Flows Behind the Crypto Market’s Rise to $4T
The factors fueling crypto's recent climb toward $4T
Jul 29
Canton Network Overview
An overview of the Canton Network’s architecture, its native token Canton Coin, and how it aligns participant incentives
Jul 22
Analyst Spotlight Circle (USDC) Overview
A deep dive into Circle's USDC and the factors driving its adoption
Jul 15
State of the Network’s Q2 2025 Wrap Up
A data-driven overview of developments shaping crypto markets in Q2-2025
Jul 8
© 2025 Coin Metrics
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture