What is on-chain analysis?

On-chain analysis involves trying to find insight by looking at transaction history, market sentiment, and network activity, among other things. In simple words, on-chain analysis means interpreting blockchain data to determine market sentiment.

What is off-chain analysis?

Off-chain analysis is collecting and analyzing real-world data outside a blockchain network. This includes examining market trends, regulatory updates, and social media sentiments impacting cryptocurrency markets. B

What do on-chain metrics mean?

On-chain metrics are blockchain statistics. Common stats include market cap, transaction volume, miner rewards, and more. These metrics also encompass aspects like active addresses and transfer values, providing a holistic view of network activity.

Where can I see data on-chain?

You can view on-chain data using analysis tools such as CryptoQuant, Messari, Glassnode, Santiment, Etherscan, etc. These platforms provide deep insights into blockchain transactions, network health, and token activity. By leveraging these resources, you can understand market trends and investor behaviors comprehensively, which is crucial for informed decision-making in the crypto sector.

What is Glassnode used for?

Glassnode is a popular blockchain data analytics tool used to analyze blockchain data. It provides in-depth insights into metrics such as transaction volumes, wallet activities, and network health indicators.