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Blockchain News

TRON DAO Partners with Nansen for Blockchain In-depth Insights

Nansen’s Query tool empowers users with the ability to access programmatic blockchain data through SQL and APIs across more than 15 chains,

Written By Pawan Surya
Published May 25, 2023 12:24 PM·Updated 3 years ago
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TRON DAO Partners with Nansen for Blockchain In-depth Insights

The TRON DAO team has entered into a collaboration with Nansen, a well-respected provider of blockchain insights, data, and research widely relied upon by the top crypto teams and crypto enthusiasts.

Thanks to the collaboration, through Nansen’s robust set of tools, users can gain access to details, in-depth insights, and data-defined information about TRON user activity in the widespread crypto industry.

Just a reminder to tune in for our Twitter Space with @nansen_ai! 🔥

Set your reminders using the link below. 👇

🗓️ May 24
⏰ 9am PT / 12pm ET

Tune in here: https://t.co/LZsW24ycgb

— TRON DAO (@trondao) May 22, 2023

On Monday, TRON DAO excitedly shared with its 1.4 million followers the upcoming collaboration, highlighting the convergence of blockchain and AI. The event is scheduled to take place on May 24th at 9 am PT / 12 pm ET.

The TRON and Nansen partnership is just the start of their collaboration, signifying a significant stride towards their joint objective of delivering unmatched blockchain data and analytics services and portfolio tracking.

With this Tron integration, Nansen aims to offer them more insights and deeper analysis of on-chain activity in the crypto ecosystem. As TRON has been fully integrated into Nansen Portfolio and Nansen Query, users can now gain insight into TRON’s network activity and ecosystem on the macro dashboard of Nansen Pro.

In the near future, Nansen will enable popular features such as Token God Mode and Wallet Profile to further support the tron network.

With a daily processing capacity of 500 TB, Nansen efficiently categorizes and labels over 250 million addresses across 16 different blockchains, encompassing more than 80% of the total on-chain volume. The purpose of the Nansen products is to amplify users’ insights by 10 times while simultaneously reducing their workload.

One of the standout features of Nansen AI is Query, a robust and user-friendly crypto analytics tool. Query empowers users with the ability to access programmatic blockchain data through SQL and APIs across more than 15 chains, making it a powerful and versatile tool.

TRON has emerged as one of the top blockchain platforms, leading the charts in daily user activity, and the circulation of USDT stablecoins.

USDT Transactions on Ethereum vs TRON

Interestingly, an impressive 46 billion USDT tokens are in circulation in TRON. With over 1.5 million daily active addresses as well as 8 million transactions, TRON is rapidly transforming into a thriving global community facilitating everyday commerce.

Also read: Nansen Acknowledges Neglecting DeFi during NFT Hype

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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