The explorer is a tool designed to offer a more complete picture of economic activity for crypto assets beyond just price. For example, it looks at the number of on-chain transactions, developer code commits, nodes on the network, and social media activity as evidence of potential traction.
As the market has grown in complexity, there’s been no shortage of data providers rushing to market. But how sound were their insights? Often excluded in available tools are many of the essential elements that we know have propelled the growth of crypto assets — developer interest, social activity, even the use of a crypto asset’s blockchain. At CoinDesk, we believe we’ve created a more comprehensive way to view cryptocurrency market data, a one-of-a-kind product that, for the first time, let’s anyone visualize a complete picture of a crypto asset market.