TRON collaborates with Nansen to deliver in-depth insights from blockchain activity

TRON collaborates with Nansen to deliver in-depth insights from blockchain activity

[gpt3]rewrite

Share this article

The TRON DAO team is excited to announce a partnership with Nansen, a prominent provider of blockchain data and research trusted by the world’s leading crypto teams and enthusiasts. In-depth, data-driven, insights into TRON user activity will now be available via Nansen’s powerful suite of tools.

Nansen offers users “blockchain data that no one else has, remarkably fast, the way your team works.” Nansen processes over 500 TB daily, tagging more than 250 million addresses across more than 16 blockchains, representing more than 80% of all volume on the chain. Nansen products exist to 10X user insight while reducing user workload. Query is a powerful, no-code, cryptoanalysis tool built for its most ambitious clients, providing exclusive access to professional analysis as well as an exclusive community for networking with other top crypto leaders. Query enables programmatic blockchain data analysis with SQL and APIs across more than 15 chains, while tracking crypto across more than 45 chains, all in one interface.

TRON is the blockchain platform of choice, ranking first in daily user activity, volume of transactions, and USDT stablecoin circulation. Over 46 billion USDT tokens are circulating on TRON, 56% of the total USDT supply. With over 1.5 million daily active addresses and over 8 million daily transactions, TRON is becoming a global daily trading community.

Through the integration of TRON into Nansen’s administration and query solutions, all these users can now access enriched data and gain deeper analysis of TRON’s robust ecosystem. In addition, Nansen Pro’s macro dashboard provides a comprehensive overview of TRON, giving users real-time insight into the chain.

See also  Unlocking the power of blockchain

This partnership represents just the beginning of the collaboration between TRON and Nansen, as it marks a significant step forward in their joint mission to provide unparalleled blockchain data and analytics services for a more trusting, knowledgeable, data-informed crypto community.

TRON DAO is a community-run DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps.

Founded in September 2017 by HE Justin Sun, the TRON network has continued to deliver impressive performance since its MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services with over 100 million monthly active users. The TRON network has gained an incredibly good hold in recent years. As of May 2023, it has over 161.5 million total user accounts on the blockchain, more than 5.6 billion total transactions and over $12.5 billion in total value locked (TVL), as reported on TRONSCAN.

In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoins worldwide, surpassing USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. As recently as October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, marking the first time a major public blockchain has partnered with a sovereign nation to develop its national blockchain infrastructure. On top of the government’s approval to issue Dominica Coin (“DMC”), a blockchain-based fan token to help promote Dominica’s global fanfare, seven existing TRON-based tokens – TRX, BTT, NFT, JST, USDD, USDT, TUSD, has received statutory status as an authorized digital currency and medium of exchange in the country.

See also  Square Enix Will Reveal More Blockchain Gaming Titles This Year

Share this article

[gpt3]

You may also like...

Leave a Reply

Your email address will not be published. Required fields are marked *