BTC
$103,842.37
-
2.02%
ETH
$2,437.70
-
4.42%
USDT
$1.0002
+
0.00%
XRP
$2.1352
-
1.73%
BNB
$641.75
-
0.91%
SOL
$141.88
-
3.87%
USDC
$0.9999
+
0.00%
TRX
$0.2741
-
0.22%
DOGE
$0.1626
-
5.03%
ADA
$0.5821
-
3.44%
HYPE
$35.02
-
5.96%
WBT
$49.06
-
0.83%
BCH
$471.73
-
3.35%
SUI
$2.7079
-
4.60%
LINK
$12.62
-
4.34%
LEO
$8.9249
+
0.38%
XLM
$0.2435
-
2.71%
AVAX
$17.40
-
4.87%
TON
$2.9644
-
0.79%
SHIB
$0.0₄1135
-
3.91%
Sign Up
Logo
Research Reports
Share this article

State of Blockchain Q1 2018

Summarizes key trends, data and events in Q1 2018.

By C. Spencer Beggs
Updated Nov 12, 2024, 7:24 p.m. Published May 14, 2018, 4:13 a.m.
sob2018q1-2018-01

CoinDesk's Q1 2018 State of Blockchain summarizes key trends, data and events in Q1 2018.

  • Bear market takes hold in multiple cryptocurrencies. Price, transaction volume, exchange volume, and more all down over 3 months.
  • Bitcoin hashrate continues to grow by 47% despite slumps.
  • $6.3bn for ICOs and $885mn for VC. The average ICO raise amount has about doubled from last quarter of $16mn to $31mn.
  • Transaction fees fall from 60% to 90% with bitcoin averaging a $9.49 fee per transaction.
  • Sentiment Survey: 31% paid taxes on their crypto gains. 18% of U.S. respondents said they thought understanding taxes were easy compared to 38% of Non-U.S. respondents.
C. Spencer Beggs
X icon
Picture of CoinDesk author C. Spencer Beggs