Nansen to integrate TON Blockchain for better analytics

Nansen has partnered with TON Blockchain to provide advanced analysis tools aimed at providing greater transparency and actionable insights to developers, investors, and the broader crypto community.

According to a statement shared with Crypto.news, this collaboration introduces Nansen’s Query and Growth Dashboards, which provide data on transaction volumes, user activities and ecosystem trends.

The integration will be implemented in phases, starting with basic tools and then expanding to more advanced analytics.

Originally developed by Telegram, the TON (TON) Blockchain is a Layer 1 network known for its scalability and integration with decentralized applications. According to the statement, there was a significant growth in the user base, with active addresses rising from less than 30,000 in January 2024 to over 2.5 million as of September 2024.

At its peak, the network processed up to 5.18 million daily transactions, demonstrating its capacity to handle high activity levels.

More on-chain data tools

Blockchain analysis platforms like Nansen track data on-chain to help users identify patterns, track transactions, and understand asset movements within a network. By integrating with TON, Nansen aims to provide developers and investors with these tools to support data-driven decisions and stimulate ecosystem growth.

Future updates will include advanced features such as Smart Alerts and Wallet Profilers that provide users with deeper insights into the TON ecosystem.

The move aligns with TON’s broader mission to encourage the adoption of Web3 through partnerships with centralized exchanges like Binance and expanding applications in areas like NFTs. Nansen’s involvement is expected to further increase transparency and innovation across the network.

In October 2024, Nansen announced a similar integration with Solana to offer advanced token and wallet monitoring tools to analyze the Solana ecosystem.