A new report from Schwab analyzes the cryptocurrency landscape, dividing it into three distinct layers: networks, infrastructure, and products. According to the report, the majority of value within the digital asset space remains concentrated at the base network layer. The report provides a framework for understanding the distribution of capital and activity across different segments of the crypto ecosystem. This analysis may be valuable for investors and industry participants seeking to understand the current state and potential future trends of the cryptocurrency market.

A new report from Schwab analyzes the cryptocurrency landscape, dividing it into three distinct layers: networks, infrastructure, and products. According to the report, the majority of value within the digital asset space remains concentrated at the base network layer. The report provides a framework for understanding the distribution of capital and activity across different segments of the crypto ecosystem. This analysis may be valuable for investors and industry participants seeking to understand the current state and potential future trends of the cryptocurrency market.