On-Chain Market Intelligence

Definition ∞ On-chain market intelligence involves analyzing data directly recorded on blockchain ledgers to gain insights into market behavior and sentiment. This includes tracking transaction volumes, wallet activity, exchange flows, and smart contract interactions. Such analysis provides a transparent view of real-time network activity and asset movements. It offers unique data points not available in traditional markets.
Context ∞ Cryptocurrency news frequently uses on-chain market intelligence to explain price movements, predict trends, and assess the fundamental health of digital assets. Reports often cite metrics derived from on-chain data to support bullish or bearish arguments. Understanding this intelligence is crucial for interpreting news that goes beyond simple price charts, providing deeper context for market narratives.