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Reports

State of Blockchain 2018

By C. Spencer Beggs
AccessTimeIconFeb 6, 2018 at 10:22 p.m. UTC
Updated Oct 18, 2021 at 1:58 p.m. UTC
sob2017q4-2018-001
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"title": "State of Blockchain 2018",

"subtitle": "Summarizes key trends, data and events in 2017.",

"publishDate": "February 6th, 2018",

"slug": "state-of-blockchain-2018",

"summary": "

CoinDesk's 2018 State of Blockchain summarizes key trends, data and events in 2017.

",

  • • After uncertainty around fork ends, bitcoin's price breaks free and topples multiple milestones. Meanwhile, BTC dominance shrinks to all-time lows.
  • • Bitcoin fees increase dramatically. While Coinbase hits #1 app on iTunes, it and all exchanges struggle to cope with demand.
  • • $3.23bn for ICOs and $200mn for VC. However, forks were the largest token generating event of the year with $44bn created.
  • • CME & Cboe launch with high interest but low volume. Large traders shorted and small traders longed.
  • • Sentiment Survey: 81% did not go into debt to buy crypto. Of those that did, 52% already paid it back. 94% check prices at least every day.
  • • Key metrics up across public blockchains.
  • • 'CoinDesk Releases 'State of Blockchain' 2018 Research Report'
  • • 2018 Blockchain Sentiment Survey

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"pages": 170,

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Disclosure

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.