Nansen, a reputable provider of reliable blockchain data and research, is proud to announce its strategic partnership with TRON DAO. This landmark collaboration will enable users to access comprehensive, data-driven insights into TRON’s user activities, leveraging the advanced toolset offered by Nansen.
With over 1.5 million daily active addresses and over 8 million daily transactions, TRON is becoming a global community for everyday commerce.
Together, we’ll be leveraging over 500 TB of… pic.twitter.com/EBv5mrQsCD
— TRON DAO (@trondao) May 24, 2023
Nansen distinguishes itself by offering unique, swiftly processed blockchain data that aligns with users’ needs. Nansen handles over 500 TB daily, categorizing more than 250 million addresses across over 16 blockchains, accounting for over 80% of all on-chain activity. Nansen’s products aim to enhance user understanding tenfold while reducing workload. Their flagship product, Query, is a potent, no-code crypto analytics tool catering to the most ambitious customers, offering professional analytics and an exclusive community for networking with other leading crypto figures.
TRON stands as the top choice for blockchain platforms, leading in daily user activity, transaction volume, and circulation of the USDT stablecoin. More than 46 billion USDT tokens circulate on TRON, comprising 56% of the total USDT supply. With over 1.5 million active daily addresses and over 8 million daily transactions, TRON is rapidly becoming an international hub for routine commerce.
With TRON’s integration into Nansen’s management and query systems, users can now tap into enhanced data and a more profound analysis of TRON’s thriving ecosystem. Nansen Pro’s macro dashboard provides a holistic view of TRON, offering users real-time, on-chain insights.
What is Nansen?
Nansen is a leading analytics platform specializing in blockchain data. It provides insights into blockchain and cryptocurrency activities, offering users unique, comprehensive, and in-depth perspectives. These analytics can be essential for crypto investors, traders, project teams, and researchers, helping them make informed decisions based on actual blockchain data.
We won’t stop until we provide the best on-chain data for every blockchain
That’s why we’re very excited to announce our partnership with @trondao, one of the leading networks by TVL and activity
Read on to learn more about TRON and our partnership! pic.twitter.com/4DuPVtUuwm
— Nansen 🧭 (@nansen_ai) May 23, 2023
Nansen accomplishes this by tracking, labeling, and analyzing millions of Ethereum addresses and activities. It monitors addresses associated with known entities (like exchanges, DAOs, or whales), and it tracks the flow of tokens between these entities. This information can give users insights into the behavior of key participants in the crypto space and provide an understanding of the broader market trends.
Additionally, Nansen offers advanced services like DeFi alerts for opportunities in the crypto space, a wallet profiler to explore any Ethereum address’s transaction history, token flows to see how tokens move through the ecosystem, and more.
What is TRON?
TRON Blockchain is a decentralized blockchain platform that aims to create a global digital content entertainment system. It was founded by Justin Sun in 2017 and has gained significant attention and popularity since its launch.
At its core, TRON seeks to decentralize the internet by leveraging blockchain technology. It provides a platform for developers to create decentralized applications (dApps) and smart contracts. By utilizing blockchain, TRON aims to eliminate intermediaries and empower users by giving them control over their data and online interactions.
TRON operates on a proof-of-stake (PoS) consensus mechanism, where users can participate in block production and validation based on the number of TRON tokens they hold. The native cryptocurrency of the TRON network is called TRX.
This partnership is just the inaugural stage of collaboration between TRON and Nansen. It marks a major advancement towards their shared goal of delivering unparalleled blockchain data and analytics services to foster a more trustworthy, informed, and data-driven crypto community.
For more news and updates, see Tron Spark.