Connect with us

Hi, what are you looking for?

Nansen
Nansen

Cryptocurrency

Nansen 2 has partnered with Tron to enhance blockchain analytics and transparency

Nansen and the Tron network have partnered to provide developers and investors with better insights and increased transparency via Nansen 2. This cooperation offers the Tron Macro Dashboard, which provides real-time access to critical on-chain data while also highlighting Tron’s growing user adoption and supremacy in the USDT ecosystem.

Nansen, a major blockchain analytics startup, has partnered with Tron to incorporate the network into Nansen 2, giving users and developers advanced capabilities for understanding and navigating the blockchain ecosystem. This strategic alliance adds transparency and real-time data analytics to Tron’s rapidly expanding platform. With this collaboration, Nansen will introduce the Tron Macro Dashboard, which will provide insights into crucial on-chain operations across the Tron network.

Developers and investors will gain access to extensive data, allowing them to develop decentralized apps (dApps) and identify new opportunities in the ever-expanding Tron ecosystem.

Tron, noted for its low costs and scalability, also has the greatest circulation of USDT (Tether), with over 22.7 million holders, exceeding Ethereum’s 4.2 million. This demonstrates the network’s growing prominence in the stablecoin industry. In addition, Tether’s recent activities, such as minting $1 billion USDT on Tron in November, highlight the platform’s dominant position in the stablecoin ecosystem.

The agreement also broadens Tron’s capabilities by providing advanced blockchain tools. Nansen’s integration improves statistics on the network, making it easier for developers to create and refine dApps. Justin Sun, Tron’s founder, underlined that this alliance would increase ecosystem transparency, allowing developers to better exploit data insights.

Beyond USDT, Tron’s earnings are bolstered by its memecoin platform, SunPump. SunPump launched thousands of new coins on the platform in just a few months, contributing $151.2 million to Tron’s record revenue of $577 million in Q3.

Nansen 2 includes new features and improvements that improve the user experience, such as Token God Mode (TGM), Wallet Profiler, and Smart Alerts, which provide more granular control over blockchain data. This collaboration between Nansen and Tron underscores the growing importance of real-time blockchain data and analytics, ushering in a new era of Tron network expansion and transparency efforts across the blockchain ecosystem. 

author avatar
Alex
Formally freelance blogger Alex is passionate writer with interest in Finance and Business, fascinated about crypto following news and covering stories.
Advertisement

You May Also Like

Cryptocurrency

PancakeSwap has launched SpringBoard, a no-code platform that simplifies token generation and launches on the BNB Chain. SpringBoard's $0 launch costs and fair launch...

Cryptocurrency

Grayscale Investments plans to transform its Grayscale Solana Trust into a spot Solana ETF (GSOL), offering direct exposure to Solana on the New York...

Cryptocurrency

ASIC, Australia's financial regulator, has proposed new guidelines that require registration for most crypto businesses to improve compliance and protect consumers. While larger enterprises...

Cryptocurrency

Floki, in partnership with Mastercard, has introduced a debit card in Europe that supports 13 cryptocurrencies and eight blockchain networks. The card is available...

polkadot
Polkadot (DOT) $ 9.73 7.15%
bitcoin
Bitcoin (BTC) $ 100,110.82 0.03%
ethereum
Ethereum (ETH) $ 3,933.14 1.51%
cardano
Cardano (ADA) $ 1.14 5.29%
xrp
XRP (XRP) $ 2.44 4.20%
stellar
Stellar (XLM) $ 0.463124 5.06%
litecoin
Litecoin (LTC) $ 126.25 5.86%