On-Chain Wallet Profiler Nansen Adds Solana Coverage

“There has been huge demand to launch a Solana dashboard,” said Nansen CEO Alex Svanevik.

AccessTimeIconApr 14, 2022 at 2:03 p.m. UTC
Updated May 11, 2023 at 4:43 p.m. UTC
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register Now

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.”

image.png

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.

Disclosure

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk offers all employees above a certain salary threshold, including journalists, stock options in the Bullish group as part of their compensation.

Danny Nelson

Danny is CoinDesk's Managing Editor for Data & Tokens. He owns BTC, ETH and SOL.


Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.


Read more about