BTC
$103,386.33
-
0.88%
ETH
$2,420.77
-
3.38%
USDT
$1.0001
-
0.01%
XRP
$2.1247
-
1.16%
BNB
$642.58
+
0.06%
SOL
$140.17
-
3.03%
USDC
$0.9999
-
0.01%
TRX
$0.2725
-
0.60%
DOGE
$0.1633
-
2.55%
ADA
$0.5848
-
1.07%
HYPE
$34.41
-
3.36%
WBT
$48.93
-
0.45%
BCH
$470.12
-
4.23%
SUI
$2.7283
-
1.85%
LINK
$12.66
-
1.95%
LEO
$8.8503
-
0.17%
XLM
$0.2432
-
1.64%
AVAX
$17.55
-
1.80%
TON
$2.9194
-
0.82%
SHIB
$0.0₄1138
-
0.71%
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