Nansen Partners with IOTA Network to Deliver Advanced On-Chain Analytics Tools

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Why Nansen and IOTA Just Became the Power Couple of Blockchain Analytics! 💥

So, on February 19, Nansen, the Sherlock Holmes of blockchain analytics, decided to team up with IOTA, the open-source network that’s basically the cool kid on the blockchain block. Together, they’re going to sprinkle some serious analytics fairy dust on IOTA’s ecosystem. Think of it as giving IOTA a pair of super-spectacles to see all the on-chain drama unfold! 🕶️

According to their Wednesday gossip session (a.k.a. announcement), they’re rolling out tools like Nansen Query and the IOTA Growth Dashboard. These bad boys are set to dish out juicy insights about the network’s health, like how many active addresses are out there, transaction volumes, and who the biggest players are. Spoiler alert: it’s not your Aunt Karen! 😜

Nansen’s Analytics Tools: Coming to a Blockchain Near You!

But wait, there’s more! Nansen Query and the IOTA Growth Dashboard will let users analyze real-time data, discover investment opportunities, and assess project performance. It’s like having a crystal ball, but way less creepy! 🔮

Nansen is treating this partnership like it’s the golden ticket to Willy Wonka’s factory, aiming to equip users with the tools they need to navigate the wild world of crypto. Because who doesn’t want to feel like a blockchain wizard? 🧙‍♂️

“At Nansen, our mission is to make on-chain data accessible, actionable, and insightful for all. This partnership with IOTA is a testament to that commitment — bringing best-in-class analytics to a growing and innovative blockchain ecosystem,” the company wrote in their announcement. And yes, they probably said it while wearing a cape. 🦸‍♀️

Nansen is also rolling out some fancy products like Nansen Profiler and Token God Mode. These tools will help users unlock the secrets of wallet behavior and transaction flows. It’s like being a financial detective, but without the trench coat! 🕵️‍♂️

These features are set to be released in phases, which is code for “we’re still figuring it out, so stay tuned!” 📅

Another Partnership? Yes, Please!

Nansen started its journey in 2019, serving up analytics for the Ethereum blockchain like it was a hot cup of coffee. Last year, they were on a growth spurt, integrating with other blockchains like Algorand and Aptos. Talk about a social butterfly! 🦋

In December, they expanded to yet another blockchain called Gravity, launched by Galxe. It’s like they’re collecting blockchains like Pokémon cards! 🎴

Meanwhile, IOTA has been busy making waves in the crypto market. Last June, they launched their layer-2 network, which is like the cool new club that everyone wants to get into. And guess what? It’s compatible with the Ethereum-Virtual Machine (EVM). Fancy, right? 💃

The launch of IOTA’s layer-2 network was met with applause from the crypto crowd, and it quickly gained traction. Cross-chain protocols like LayerZero, Stargate, and Pyth Network are now part of the IOTA family. It’s like a blockchain reunion! 🎉

According to DeFiLlama, IOTA EVM saw the total value locked in protocols like lending, derivatives, and decentralized exchanges rise to over $95 million in early December 2024. That’s a lot of zeros, folks! 💰

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2025-02-19 23:19