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Here is how you can track DeFi protocols and NFT launches on Solana

2021-11-10
in DeFi
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Here is how you can track DeFi protocols and NFT launches on Solana
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Blockchain analytics platform Nansen has introduced right this moment an upcoming integration with Solana, a high-performance blockchain supporting builders world wide creating crypto apps that scale.

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“When @solana?”

We’re thrilled to announce that Nansen will launch #Solana dashboards quickly, so you may discover the top-performing #DeFi protocols and #NFTs on Solana!

Attain out to our workforce at Solana Breakpoint: Alec @geniusbutmodest, and Ray @defiray33https://t.co/LMPBFd1t4F

— NansΞn (@nansen_ai) November 9, 2021

Set to launch in Q1, the brand new Solana dashboards on Nansen will give customers the power to discover the top-performing DeFi protocols, Sensible Cash actions NFT launch on Solana, and achieve insights into the Solana blockchain ecosystem as an entire.

Monitoring dApp exercise on Solana

Over 30 protocols have been launched on Solana, together with a number of DeFi functions and NFT marketplaces, and the entire worth locked on the community has already surpassed $13.4 billion this month. 

DeFi tasks like Raydium, an automatic market maker (AMM) and liquidity supplier constructed on the Solana blockchain for the Serum decentralized change (DEX) reached $1.9 Billion in TVL and rising, whereas Solana-based NFT collections, akin to Solana Monkey Enterprise, Degenerate Ape Academy, and Aurory have been tremendously welcomed by the crypto group, main cryptocurrency change FTX to launch a market for Solana-based NFTs.

Nansen’s modern blockchain analytics platform enriches on-chain information with over 100 Million pockets labels throughout Ethereum, Polygon, Fantom, and Binance Sensible Chain, to supply merchants, hedge funds, institutional buyers, and VCs with actionable insights into the crypto markets. 

It allows a neater exploration for advanced on-chain information on VC cash flows, change exercise, and rising developments in DeFi and NFTs, by user-friendly, streamlined visible dashboards wealthy in actionable insights. Customers will be capable to leverage Nansen’s applied sciences to establish alternatives within the Solana ecosystem and get a head begin of their decision-making course of.

Dashboards like Nansen’s “Sensible Cash” floor DeFi tasks which might be gaining traction amongst crowds like hedge funds, establishments, and huge energetic merchants; whereas “NFT Paradise” and “Mint Grasp” can establish and sign the most recent NFT tasks gaining reputation on Solana.

“Market intelligence and information entry play an vital function in blockchain ecosystems”, mentioned Anatoly Yakovenko, CEO of Solana Labs. “I’m delighted to see platforms like Nansen including help for Solana.”

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