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

Apr 14, 2022 at 2:03 p.m. UTC

Updated Apr 14, 2022 at 2:20 p.m. UTC

Solana adherents gathered under the lights. (Danny Nelson/CoinDesk archives)

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

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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.”

CoinDesk - Unknown — Nansen now sports Solana stats. (Nansen)

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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Danny Nelson

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

Follow @realDannyNelson on Twitter

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Danny Nelson

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

Follow @realDannyNelson on Twitter