Blockchain analytics platform Nansen has launched token and wallet tracking tools to help investors analyze Solana’s on-chain data.
Advanced wallet tracking and token analysis capabilities for the Solana ecosystem will be made available through this connection.
Blockchain analytics company Nansen revealed a new integration with the Solana Network in a press release sent on October 17.
This integration will allow Nansen to provide detailed wallet attribution and data analysis that were not before possible with the protocol.
The Nansen platform will have functions like “Signals,” which uses on-chain artificial intelligence to identify market movements, and “Wallet Profit and Loss,” or “Wallet PnL,” which is intended to track portfolio management.
Additionally, Nansen offers “Token Screener,” which provides performance data on available tokens, and “Smart Money,” which tracks the actions of whales and investors within the Solana ecosystem.
Nansen will be able to close the gap between Solana’s current data analysis tools and those present in other ecosystems by incorporating these characteristics into Solana.
The intricate and constantly changing Solana ecosystem can be better understood because of Nansen’s ability to offer far more thorough token and wallet statistics.
According to Alex Svanevik, CEO of Nansen, one of the most important milestones in growing the blockchain analytics market is integrating Solana with the Nansen platform. Svanevik said:
By offering in-depth token and wallet-level data, we’re giving investors the tools they need to navigate Solana with confidence. This launch marks a pivotal moment for Web3 analytics,”
Nansen provides token and wallet tracking tools. These tools allow users to monitor asset movements and spot patterns, dangers, and opportunities.
They can also track balances in real-time and wallet moves across the Solana ecosystem. Furthermore, Nansen offers millions of wallet labels—such as “Token Deployer” and “Memecoin Whale”—that are used to identify important participants, such as investors and whales.
Nansen understands the difference between EVM and Solana Virtual Machine. Consequently, the Solana integration provides customized solutions for EVM and non-EVM views on 16 blockchains, including the main Ethereum Layer 2s.
