a16z unveils new crypto index that shows adoption outpacing price performance

04/12 01:23

According to The Block, a16z Crypto, the web3 investment arm of Andreessen Horowitz, unveiled its new "State of Crypto" index, which paints a rosier picture of the nascent market than most price charts offer. The index factors in several so-called adoption and innovation parameters, including the number of active developers, mentions of crypto in academic research, and volumes across decentralized exchange venues.
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