On-chain analysis is a method used in the cryptocurrency world to evaluate and interpret blockchain data. It involves examining various activities and metrics on a blockchain network to gain insights into the behavior and trends of digital assets. By understanding on-chain data, traders, investors and researchers can make more informed decisions.

Understanding on-chain data

On-chain data refers to all the information that is recorded on a blockchain. This data includes transaction details, wallet addresses, block information and other metrics connected to network activity. Unlike off-chain data, which includes technical analysis, fundamental analysis, market sentiment and news, on-chain data is directly recorded and verifiable on the blockchain itself.

Types of on-chain data

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