Understanding on-chain data is becoming increasingly important in the world of cryptocurrencies. Here's a beginner's guide to give you an idea of the basics.

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On-chain data can provide valuable insights into market trends, investor behavior, and the overall health of a cryptocurrency network. By analyzing on-chain metrics, investors can make more informed decisions about buying, selling, or holding cryptocurrencies.

On-chain data refers to all the information stored on a blockchain, including transaction details, wallet balances, and smart contract interactions. The transparency in blockchain allows for the analysis of real-time activity within a cryptocurrency network.