CEX.IO’s Newest Market Analysis Report Reviews the State of the Crypto Industry Post-Ethereum Merge

COMPASS: Topline Trends for the Crypto Curious and Serious recaps the key DeFi ecosystem events and movements in Q3 2022

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London, Oct. 20, 2022 (GLOBE NEWSWIRE) -- CEX.IO, a global ecosystem of products and services that connects people and businesses to the cryptocurrency economy and decentralized finance, has released its market analysis report for Q3 2022, COMPASS: Topline Trends for the Crypto Curious and Serious.

Prepared by CEX.IO’s Market Research Team, the report identifies key trends and notable industry events including the Ethereum Merge, an analysis of L2 blockchain solutions, smart contracts within DeFi, and Bitcoin movements.

“As we wind down the turbulent last months of 2022, crypto investors have turned their attention to how the post-Ethereum Merge landscape will impact them,” said Oleksandr Lutskevych, CEX.IO’s Founder and CEO. “CEX.IO remains steadfast in our belief that increased education is the path to adoption. To that end, our latest COMPASS report is filled with rich analysis and insights for those truly interested in understanding the space, as well as investing in it.” 

The report also includes a forward acknowledging a range of industry challenges in 2022, from the war in Ukraine, to instability across global markets, to the failure of several high-profile crypto projects. However, COMPASS strikes a hopeful note in looking ahead to 2023.

“This is not our first disturbance, and….it likely won’t be our last,” noted Lutskeych. “We hope our understanding of this year’s events can help you ask the right questions as you chart your path through the 2023 DeFi landscape. Here’s to…building toward a brighter, more stable future.”

To read the full report, please click here.

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