Nansen to integrate TON Blockchain for better analytics

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Nansen collaborates with the TON Blockchain to develop advanced analytical resources. These tools are intended to improve visibility and provide valuable insights for developers, financiers, and the wider cryptocurrency audience.

Through this partnership, we’re unveiling Nansen’s Data and Expansion Panels, providing insights into trade volume, user engagement, and market tendencies as per information circulated via crypto.news.

The process will be implemented gradually, commencing with fundamental tools initially, followed by the addition of sophisticated analytical tools in subsequent stages.

The TON Blockchain, originally created by Telegram, is a well-known Layer 1 network appreciated for its scalability and compatibility with decentralized apps. This blockchain has experienced substantial growth in its user base. By January 2024, active addresses were under 30,000, but they climbed to over 2.5 million by September 2024, as indicated in the recent announcement.

The network has proven it can manage heavy workloads, peaking at over 5.18 million transactions per day.

More on-chain data tools

Platforms like Nansen that analyze blockchain data can help users spot trends, watch transactions, and grasp how assets are being moved within a network. By linking up with TON, Nansen intends to offer developers and investors tools for making informed decisions based on data, which could in turn foster growth within the ecosystem.

In the future, we’ll be adding sophisticated functions such as Smart Alerts and Wallet Analytics for a more comprehensive understanding of the TON network by our users.

This action aligns with TON’s overall goal of promoting the use of Web3 by collaborating with major exchanges like Binance, as well as developing more uses in sectors such as Non-Fungible Tokens (NFTs). The participation of Nansen is anticipated to boost transparency and innovation within the network.

In October 2024, Nansen unveiled a comparable integration with Solana, providing sophisticated token and digital wallet monitoring tools to scrutinize the Solana blockchain system.

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2025-01-09 19:13