CEX.IO’s Latest Market Analysis Report Reveals Human Behavior Underpinning Crypto Ecosystem
CHICAGO, July 27, 2023 (GLOBE NEWSWIRE) -- CEX.IO , a global ecosystem of products and services that connects people and businesses to the cryptocurrency economy and decentralized finance, released its market analysis report for Q2 2023, COMPASS: Finding the “You” in Users: How Human Behavior is Shaping the Crypto Ecosystem .
- CHICAGO, July 27, 2023 (GLOBE NEWSWIRE) -- CEX.IO , a global ecosystem of products and services that connects people and businesses to the cryptocurrency economy and decentralized finance, released its market analysis report for Q2 2023, COMPASS: Finding the “You” in Users: How Human Behavior is Shaping the Crypto Ecosystem .
- Prepared by The CEX.IO Market Research Team, the report examines the breadth and frequency of address activity across a variety of industry verticals.
- After isolating six of the top 10 L1 and L2 networks, plus Bitcoin, by total value locked (TVL), the Team clocked traffic at critical ecosystem waypoints.
- In turn, the report interrogates why active addresses are often conflated with active users, despite individuals regularly maintaining multiple footprints in the digital economy.