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Nansen Announces New Integration Into Solana (SOL) Network to Offer Comprehensive Wallet Attribution and Data Analysis

Linda Hamilton
Release: 2024-10-17 21:24:14
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In a press release sent to crypto.news on Oct. 17, blockchain analytics firm Nansen announced a new integration into the Solana(SOL) Network

Nansen Announces New Integration Into Solana (SOL) Network to Offer Comprehensive Wallet Attribution and Data Analysis

Blockchain analytics firm Nansen has announced a new integration into the Solana (SOL) Network. This integration will enable advanced token and wallet tracking tools to analyze the Solana ecosystem.

According to a press release shared with crypto.news on Oct. 17, the integration will introduce features like Wallet Profit and Loss (“Wallet PnL”) to track portfolio management and Signals that identify market trends using on-chain AI.

Nansen also offers a Token Screener to give performance insights on current tokens and Smart Money to track the movements of investors and whales within the Solana ecosystem.

By integrating these features into Solana, Nansen will be able to bridge the gap between existing Solana data analysis tools and those found within other ecosystems. Now, Nansen can provide much more comprehensive and deeper token and wallet analytics that bring clarity to the complex and ever-evolving Solana ecosystem

The press release also includes a statement from the CEO of Nansen, Alex Svanevik, regarding the integration.

“We're excited to announce our integration with Solana, a crucial step in our mission to advance the blockchain analytics market,” said Svanevik. “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 offers a set of token and wallet tracking tools that can track balances in real-time and follow wallet movements within Solana’s ecosystem, so that users can follow the movement of assets and identify trends, risks, and opportunities.

Additionally, Nansen provides millions of wallet labels such as “Memecoin Whale” and “Token Deployer” used to identify key players, including whales and investors.

Finally, Nansen recognizes the distinction between Solana Virtual Machine and EVM. Therefore, the integration with Solana offers tailored solutions for EVM and non-EVM views across 16 different blockchains which include all major Ethereum Layer 2s.

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