In the March edition of our 'State of the Network series, we provide an in-depth look at the Swarm network's metrics and the notable changes they have undergone. This month's report captures a dynamic period for the network, characterized by significant variations in rewards, participation, and geographical distribution of nodes. Through this analysis, stakeholders can gain insights into the evolving landscape of the Swarm network, marked by shifts in monthly rewards, win values, average earnings per node, and the global distribution of active nodes.