Coin Metrics' State of the Network: Issue 170
Get the best data-driven crypto insights and analysis every week: Mapping Out The MergeUnderstanding Ethereum’s Move to Proof of StakeBy Kyle Waters, Lucas Nuzzi, Matías Andrade, and Nate Maddrey The Merge—Ethereum’s long-awaited transition to Proof-of-Stake—is fast approaching. The timeline has some uncertainty, but the best estimates suggest we are a little over two weeks out with a tentative date for The Merge of September 15th. Ethereum developers are determined to complete one of the most significant and intricate changes in crypto’s history without disrupting a network that secures and settles billions of dollars worth of value on-chain daily. At Coin Metrics, many teams are working hard in preparation for The Merge. As part of our support for Ethereum’s major network upgrade, we are excited to be releasing a new data-driven research report explaining the essential features of The Merge and its implications for the future of Ethereum’s security, economics, and more. You can download our report, Mapping Out The Merge, for free below. Download the full report: Mapping out The MergeTo learn more about how Coin Metrics is preparing for The Merge check out our blog post here. We look forward to evaluating Ethereum post-Merge with new metrics and insights. This report marks the beginning of a new coverage universe for us at Coin Metrics. To stay updated with Coin Metrics’ response to The Merge be sure to follow us on social media, and look for future research on State of the Network. Also, be sure to check out our free charting tool, correlation tool, and mobile apps to access more Ethereum data ahead of The Merge. Network Data InsightsSummary MetricsSource: Coin Metrics Network Data Pro As of August 29, the week-over-week active address count decreased among Bitcoin, Ethereum, and most other assets. After HUSD’s recent de-pegging, Binance USD (BUSD) and Paxos Standard (USDP), two other stablecoins, increased in market cap by 4% and 9%, respectively—perhaps capturing more outstanding market share after HUSD’s dislocations. Coin Metrics UpdatesThis week’s updates from the Coin Metrics team:
As always, if you have any feedback or requests please let us know here. Subscribe and Past IssuesCoin Metrics’ State of the Network, is an unbiased, weekly view of the crypto market informed by our own network (on-chain) and market data. If you'd like to get State of the Network in your inbox, please subscribe here. You can see previous issues of State of the Network here. To learn more, acquire our data, or contact Coin Metrics reach out here. © 2022 Coin Metrics Inc. All rights reserved. Redistribution is not permitted without consent. This newsletter does not constitute investment advice and is for informational purposes only and you should not make an investment decision on the basis of this information. The newsletter is provided “as is” and Coin Metrics will not be liable for any loss or damage resulting from information obtained from the newsletter. If you liked this post from Coin Metrics' State of the Network, why not share it? |
Older messages
Coin Metrics' State of the Network: Issue 169
Tuesday, August 23, 2022
Tuesday, August 23rd, 2022
Coin Metrics' State of the Network: Issue 168
Tuesday, August 16, 2022
Tuesday, August 16th, 2022
Coin Metrics' State of the Network: Issue 167
Tuesday, August 9, 2022
Tuesday, August 9th, 2022
Coin Metrics' State of the Network: Issue 166
Tuesday, August 2, 2022
Tuesday, August 2nd, 2022
Coin Metrics' State of the Network: Issue 165
Tuesday, July 26, 2022
Tuesday, July 26th, 2022
You Might Also Like
Bitcoin soars to $65,000 as Israel-Iran sparring looks to conclude
Friday, April 19, 2024
Several analysts analysts remain optimistic on Bitcoin's price trajectory especially as the halving event looms. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Bitcoin Halving Trends
Friday, April 19, 2024
Anticipate trends and uncover how this Bitcoin Halving compares to past events with our exclusive dashboard. Flipside Crypto Hey there, The Bitcoin Halving begins tomorrow and onchain activity leading
Big Moves Ahead - Joining Forces with Milk Road!
Friday, April 19, 2024
Exciting changes are on the horizon!
NFT & Blockchain Gaming Weekly - 📉 BAYC NFT Floor Price Hits 2.5-Year Low; Dark Lions Are Coming to Mane City
Friday, April 19, 2024
Bored Ape Yacht Club NFT floor price hits 2.5-year low. STEPN partners with Adidas to launch a limited-edition sneakers NFT collection. MetaMask enables eligibility checking of NFT airdrops. ͏ ͏ ͏ ͏ ͏
WuBlockchain Weekly: Bitcoin Halving, Hong Kong Approves Bitcoin and Ethereum Spot ETFs, Federal Reserve Not Lower…
Friday, April 19, 2024
1. Bitcoin Witnesses Its Fourth Halving This Week link Bitcoin is expected to undergo its fourth halving when the block height reaches 840000, anticipated to occur around April 20th at 8:10 (UTC+8).
Top 4 accounting firm turns to Ethereum for blockchain-based business contracts
Thursday, April 18, 2024
OCM is designed to facilitate the secure handling of business contracts on a public blockchain, ensuring privacy by utilizing zero-knowledge proofs to maintain contract integrity and confidentiality. ͏
CryptoQuant Research Director: Halving is imminent and Bitcoin price has room to continue to rise
Thursday, April 18, 2024
Julio Moreno, the Head of Research at CryptoQuant with over 13 years of expertise in commodity research, leads the forefront of on-chain analytics. This podcast discusses CryptoQuant's recent
Fetch.ai, SingularityNET, and Ocean Protocol’s planned $7.5 billion ASI token to launch in May
Wednesday, April 17, 2024
Artificial intelligence was one of the leading narratives in the crypto industry during the first quarter of the year. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Claim $AVAX with LayerZero Quest
Wednesday, April 17, 2024
Complete two, easy onchain actions for $AVAX and build your LayerZero onchain reputation. Reputation could help you get the upcoming airdrop Flipside Crypto Hey there, Claim $AVAX when you complete
DeFi & L1L2 Weekly - 💱 Ondo Finance Successfully Tests Near-Instant Conversion Between USDC and BUIDL
Wednesday, April 17, 2024
Ondo Finance tests instant conversion between BlackRock's BUIDL and USDC. Ethereum's Pectra upgrade to introduce smart contract functionality to wallets. EigenLayer removes staking caps on LSTs