State of Blockchain Q2 2018

AccessTimeIconJul 11, 2018 at 3:34 p.m. UTC
Updated Aug 23, 2021 at 8:49 p.m. UTC

var researchConfig = {

"title": "State of Blockchain Q2 2018",

"subtitle": "Summarizes key trends, data and events in Q2 2018.",

"publishDate": "July 12th, 2018",

"slug": "state-of-blockchain-q2-2018",

"summary": "CoinDesk's Q2 2018 State of Blockchain summarizes key trends, data and events in Q2 2018",

"highlights": "

Bitcoin miner revenues fall by 22% along with average fees by 19%

Bitcoin hashrate grew by 26% (fall short of the previous quarter's 47% growth)

SEC declared ether not a security, and eth price saw a 9% jump shortly after

Total ICO funding reaches about $19 billion, with the average ICO $39 million

Majority of survey respondents think price declines were caused by shorts and rebounds from over-speculation


"rootMediaUrl": "",

"pdf": "",

"imageMediaPath": "sob2018q2-2018-${page}.png",

"pages": 111,

"tableOfContents": [


"title": "Introduction",

"page": 3



"title": "Public Blockchains",

"page": 5



"title": "Investment",

"page": 47



"title": "Companies",

"page": 61



"title": "Regulations",

"page": 70



"title": "Sentiment Survey",

"page": 74





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; 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.