As a seasoned analyst with a decade of experience in the cryptocurrency market, I find this latest integration between Stellar (XLM) and Dune particularly intriguing. The ability to access real-time data from the Stellar ecosystem through Dune’s robust analytics tools is a game-changer for developers, analysts, and investors alike.
Stellar, a blockchain system designed for international transactions and practical applications of digital assets, has officially gone live on Dune, the leading decentralized data platform in the cryptocurrency sector.
At the Meridian 2024 conference, which took place in London from October 15 to 17 and concentrates on the Stellar blockchain, it was announced that Stellar (XLM) would be integrated with Dune. This annual three-day event, held this year, is where updates and collaborations within the Stellar community are often shared.
By integrating with Dune, users can now utilize the analytics features of the platform to delve into the Stellar system. This access to data empowers developers, analysts, and other users to uncover fresh perspectives regarding the global remittance network.
In September, Dune unveiled its integration with more than 50 parachains within the Polkadot (DOT) network. This move provides investors, developers, and data analysts with real-time data at their fingertips. Furthermore, in a strategic partnership announced on October 11, 2024, Dune teamed up with Worldcoin, enabling users of Worldcoin (WLD) to access real-time on-chain data on the forthcoming blockchain, World Chain.
Through their newest collaboration, Dune is set to increase Stellar’s influence in the payments and tokenization sectors.
Users today have the ability to gather and examine market data related to Stellar, including statistics like total transaction volumes, network performance, and smart contract interactions, as pointed out by Dune’s co-founder and CEO, Fredrik Haga.
The integration will also be vital in the growth of decentralized finance applications.
By incorporating Stellar into Dune, we’re giving the community an opportunity to delve into on-chain data essential for grasping the workings of global payments and digital asset tokenization. This new feature allows communities to examine significant statistics such as transaction volumes, token transfers, and smart contract interactions. These insights can aid in fine-tuning applications within fields like remittances and DeFi.
Fredik Haga
On Dune, you can easily find Stellar with the help of an official control panel. Additionally, users have the flexibility to design their own control panels and utilize pre-designed ones that illustrate essential statistics for the blockchain system, providing a clear view of its key metrics.
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2024-10-15 18:24