Site iconSite icon ForkLog

Nansen analytics platform to add Solana support

Nansen analytics platform to add Solana support

The Nansen blockchain-analytics platform will add support for the Solana network in the first quarter of 2022. The announcement was made at Solana’s конференции Breakpoint.

The new dashboard will allow examining metrics focused on DeFi-projects in the ecosystem and NFT issued on this blockchain. The tool will also track on-chain transactions.

According to Nansen co-founder and CEO Alex Svanevik, the Solana network plays a key role in the development of DeFi and NFT sectors. He noted that as the ecosystem around this blockchain expands, the company is seeking to provide investors with the most complete information possible.

According to Nansen, more than 29 different protocols have been launched on Solana. Total value of assets in decentralized applications built on this network has surpassed $15.1 billion, according to DeFi Llama. The largest projects by this measure are Raydium ($2.06 billion), Marinade Finance ($1.84 billion) and Serum ($1.82 billion).

“Market analytics and access to data play a crucial role in blockchain ecosystems. I am pleased that platforms like Nansen are adding Solana support,” said Anatoly Yakovenko, CEO of Solana Labs.

The Nansen platform uses machine learning and other advanced technologies to track activity on the Ethereum, Polygon, Fantom and Binance Smart Chain blockchains. Its tools are used not only by retail traders but also by institutional market participants such as hedge funds.

Earlier in June, Nansen raised $12 million in a Series A funding round, led by Andreessen Horowitz (a16z).

Subscribe to ForkLog news on VK.

Exit mobile version