November Research and Analysis Recap

Every month, The Block Research publishes its latest research and analysis which is a compilation of the most relevant research articles from the month prior. 

In this month’s report, we look at the evolution of crypto market cycles; we examine the recently launched DeFi protocol Banana Gun; we look at the inscription trends of the Ordinals ecosystem and its impact on Bitcoin's block space; and we provide an overview of the most active blockchain investors in Q3'2023.