In the fast-paced world of cryptocurrencies, where transparency and accuracy are crucial, Glassnode emerges as a blockchain analytics firm that has become an essential tool. Glassnode specializes in on-chain market intelligence, offering a wide range of metrics through its web applications.
This platform not only provides deep and transparent insight into the crypto market, but also offers advanced tools that allow cryptocurrency enthusiasts to perform analysis and access detailed reports.
In this article, we will take a comprehensive look at what Glassnode has to offer and why it has become a go-to platform for analysts.
What is glassnode?
Glassnode, founded in 2017 and originally based in Germany before moving to Switzerland, is a blockchain analytics firm that improves transparency and accessibility in the cryptocurrency space. Specializing in on-chain market intelligence, it offers a variety of metrics through its Glassnode Studio web application and application programming interface (API). This includes transaction data, wallet holdings, cryptocurrency mining data and derivatives volumes, among many others.
The project focuses on providing unique insights into blockchains and cryptocurrencies by using data directly from the blockchains themselves. Glassnode tracks data from both Proof of Stake (PoS) and Proof of Work (PoW) projects, allowing users to access information beyond that available in conventional charts.
The company’s commitment to promoting data intelligence in the cryptocurrency space is evident in its comprehensive offerings, which include market analysis and commentary provided through Glassnode Insights.
Glassnode has become a must-have tool for those looking to conduct in-depth analysis of the crypto market.
What tools does glassnode have and how to use them?
Glassnode presents a number of very interesting tools for on-chain analysis. From detailed charts to comprehensive reports and research, the platform offers all kinds of functionalities for cryptocurrency experts and enthusiasts.
Studio offers a comprehensive set of tools to provide users with practical information about the world of blockchains and cryptocurrencies. Through dashboards and customizable tools, users can explore live updates on blockchain activity, monitor key market data and use formulas for custom calculations.
The platform ensures quick access to recently viewed metrics, favorite items and trending metrics, enhancing the user experience.
Glassnode Studio‘s content hub features articles that provide a summary of contextualized and practical market information, reports and analysis generated by the team of experts. Users can catch up on market trends through Week-On-Chain, Glassnode’s flagship newsletter that delves into market insights using data from the network.
In addition, the platform offers educational content in the form of tutorials and timely market observations in video format, also accessible on its YouTube channel. Glassnode aims to equip users with a versatile set of tools to explore and understand the vast amount of data from different blockchains, expressed in a simple and enjoyable way.
Glassnode Insight is a feature that offers high-quality research articles on various topics related to cryptocurrencies. These articles are designed to be informative and are accessible to both beginners and experts in the world of cryptocurrencies.
For those who can’t devote much time to exploring Glassnode, the team has designed a product newsletter feature and a section dedicated exclusively to the Decentralized Finance (DeFi) industry.
If you are new to the world of cryptocurrencies and there are concepts that are not quite clear to you, the Academy section provides educational material to develop a deeper understanding. This facilitates learning for those who are taking their first steps in this space. Let’s see what this section is and what it offers:
Glassnode Academy is a vital educational platform in the early stages of knowledge of the on-chain market data. It is designed to enlighten both experts and newcomers, with the goal of fostering greater engagement with on-chain data within the cryptocurrency industry. As a comprehensive source of information, the academy covers various financial metrics and indicators on the blockchain, from basic concepts such as active addresses and transaction volumes to more advanced indicators such as SOPR and NUPL.
In addition, it provides detailed explanations of each metric, including their functions and use cases. The Academy also provides lessons on the use and interpretation of various charts, enhancing users’ ability to navigate and understand the data provided.
The Academy section of the site includes pricing information for each chart, ensuring transparency in accessing additional resources
Why should cryptocurrency traders use glassnode?
Cryptocurrency traders should consider using intelligence platforms like Glassnode for several crucial reasons. First, Glassnode provides deep and transparent insight into the crypto market through on-chain data, allowing informed decisions to be made based on up-to-date and accurate information. By using metrics such as transaction data, wallet holdings and derivatives volumes, traders can more accurately assess market trends and risks.
In addition, Glassnode offers advanced tools, such as its Studio and Insights, which allow traders to perform in-depth analysis and access detailed reports on a variety of topics. This is especially crucial in a market as dynamic and volatile as cryptocurrencies, where accurate and timely information can make the difference between success and failure. The ability to explore live updates, monitor key market data and access expert analysis gives traders a competitive edge.
This is true for both experts and those taking their first steps into the world of cryptocurrencies. For the latter, Glassnode Academy facilitates the understanding of concepts and metrics specific to the crypto market, providing educational resources that will help them better navigate and understand the complex cryptocurrency ecosystem.
The complexity of the crypto and blockchain world generates an enormous amount of information that can be overwhelming for those seeking investment opportunities. This is why knowing and using intelligence tools like Glassnode becomes absolutely essential.