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On-Chain Wallet Profiler Nansen Adds Solana Coverage
“There has been huge demand to launch a Solana dashboard,” said Nansen CEO Alex Svanevik.
By Danny Nelson
Updated Apr 10, 2024, 2:05 a.m. Published Apr 14, 2022, 2:03 p.m. 1 min read
Crypto data service Nansen announced Thursday that it is adding support for transactions on the Solana blockchain.
In a press statement, the startup pointed to Solana’s growth across non-fungible tokens (NFTs) and decentralized finance (DeFi). The integration will “help to identify emerging” trends on both fronts, it said.
On Thursday, Nansen’s Solana overview page showed the fast and cheap blockchain had 1.31 million “unique 1-day visitors.” Decentralized exchange (DEX) Serum accounted for 32% of “program executions.”
Nansen’s wallet-sleuthing services have attracted traders and venture firms for deciphering crypto’s transparent, albeit befuddling, on-chain transactions.
It raised $75 million late last year to fund an aggressive expansion campaign.
There’s massive demand for on-chain tooling and other wallet trackers are also eyeing growth. Wednesday, the startup Context raised $19.5 million from venture backers.
“There has been huge demand to launch a Solana dashboard,” Nansen CEO Alex Svanevik said in a press release.
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Welcome to The Protocol, CoinDesk's weekly wrap of the most important stories in cryptocurrency tech development. I’m Margaux Nijkerk, a reporter at CoinDesk.
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