[Report] Coin Metrics' State of the Network: Issue 192
Get the best data-driven crypto insights and analysis every week: 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 issues around censorship and centralization. This week, Coin Metrics’ research team is releasing a research report on MEV, which is an additional source of income to validators, and a rapidly-growing niche within the Ethereum ecosystem. At Coin Metrics, we pride ourselves in pioneering new insights and coverage of new trends and issues in the digital asset industry. MEV is a major consideration going forward for the design of the Ethereum protocol, and may prove to be an issue shared by all smart contract platforms. It is thus critical to understand the interests and logic that undergird MEV so that we can appreciate the impact over Ethereum’s security and the economics of validating. You can download our report, What is MEV anyway?—for free—below. For more custom insights, make sure to explore our on-chain metrics with our free charting tool, formula builder, correlation tool, Python API client, and mobile apps. Network Data InsightsSummary MetricsSource: Coin Metrics Network Data Pro Digital asset markets continued rallying over the week with most major assets in the green. On-chain measures of activity remained near the previous week’s levels with Bitcoin and Ethereum active addresses falling 4% and 3%, respectively. Meanwhile, as Ethereum core developers continue their progress towards the Shanghai network upgrade, the supply of Lido’s staked ETH (stETH) token surpassed 5M, a new milestone for the liquid staking derivative. 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. © 2023 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. |
Key phrases
Older messages
Coin Metrics’ State of the Network: Issue 191
Tuesday, January 24, 2023
Tuesday, January 24th, 2023
Coin Metrics’ State of the Network: Issue 190
Friday, January 20, 2023
Wednesday, January 18th, 2023
Coin Metrics’ State of the Network: Issue 189
Tuesday, January 10, 2023
Tuesday, January 10th, 2023
Coin Metrics’ State of the Network: Issue 188
Wednesday, January 4, 2023
Wednesday, January 4th, 2023
Coin Metrics' State of the Network: Issue 187
Tuesday, December 27, 2022
Tuesday, December 27th, 2022
You Might Also Like
Bitcoin falls below $57k as $13 billion in leveraged shorts placed on major exchanges
Wednesday, May 1, 2024
Major support at $50000 as Binance shows strong buy walls with large orders ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Hong Kong Cryptocurrency ETF First Day: IOP Exceeds Expectations, Low Trading Volume, Future Outlook
Wednesday, May 1, 2024
Editors | Cryptocats Harvest Global Investments and other companies submitted applications for Bitcoin spot ETFs to the Hong Kong Securities and Futures Commission as early as January 26th. On April
Increase your crosschain score
Tuesday, April 30, 2024
Axelar Quests launched on Flipside. Claim and AXL while you increase your chain score and build your reputation, helping potential airdrop eligibility Flipside Crypto gm and great news. Axelar has
Hong Kong’s Bitcoin and Ethereum ETFs launch with lower than expected trading volumes
Tuesday, April 30, 2024
Market stakeholders believe that the Hong Kong ETFs would still have a significant impact on the market, regardless. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
A Comprehensive Overview of Decentralized Communication Infrastructure: SendingNetwork
Tuesday, April 30, 2024
Author: GaryMa In the era of Web 2.0, the internet framework was primarily composed of three fundamental infrastructure modules: computation, storage, and communication. As we transition into Web 3.0,
Measuring Exchange Quality And ‘Fake Volume’
Tuesday, April 30, 2024
Crypto data for the decentralized economy ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Bitcoin market poised for potential bull trend resumption amid ongoing redistribution phases
Monday, April 29, 2024
Santiment CEO predicts Bitcoin bull trend resurgence post-halving, advises vigilance ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Crypto Market Pulse Weekly – ₿ Bitcoin Hits Record Daily Number of Transactions
Monday, April 29, 2024
$BTC hits record daily number of transactions. Spot $BTC and $ETH ETFs to start trading in Hong Kong on 30 April. Franklin Templeton listed its Spot Ether ETF on US DTCC. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Analysis: What changes have occurred in the L1 Infra track in recent months?
Monday, April 29, 2024
Author: Laobai From ABCDE Edited:Wublockchain Recently in the primary market, the hottest track is undoubtedly AI, followed by BTC. About 80% of the projects discussed daily are focused on these two
Bitcoin Makes History By Becoming The Scarcest Asset In The World
Monday, April 29, 2024
We bring you the top stories in crypto every week! Stories like... Monday April 29, 2024 Sign Up Your Weekly Update On All Things Crypto TL;DR Bitcoin Makes History By Becoming The Scarcest Asset In