Nansen Integrates Chiliz and zkSync to Boost Cryptocurrencies Insights and Data Analytics
Summary:
Nansen, the blockchain analytics platform, has integrated Chiliz and Ethereum's layer 2 solution, zkSync, to offer users in-depth insights and on-chain data analytics. This partnership allows cryptocurrency teams to conduct their own inquiries and gain insights, potentially stimulating user adoption and the expansion of the SportFi ecosystem. Chiliz, a proprietary blockchain that hosts multiple fan tokens, and Ethereum's zkSync, a major zero-knowledge proof rollup, are central to this integration.
Enthusiasts of cryptocurrency seeking the latest SportFi and zero-knowledge rollups insights can now closely monitor data from Chiliz's blockchain and Ethereum's layer 2 solution, zkSync, thanks to the newly integrated platforms on Nansen. The blockchain analytics platform, on March 28, introduced access to these two disparate protocols, thereby providing users with analytics and insights based on on-chain data. Martin Lee, a data journalist at Nansen, spoke to Cointelegraph, explaining that the cooperation offers a macroscopic view of both systems, enabling cryptocurrency teams to conduct their own inquiries into the raw data via Nansen query.
Users can now glean insights into daily active users and on-chain transactions, as well as identify protocols and entities with the most usage through the macro dashboard. The integration will also provide data insights into Chiliz, a proprietary blockchain hintering many fan tokens licensed by top-tier sports teams and organizations that function on the Socios platform.
Chiliz and Socios CEO Alexandre Dreyfus believes that the collaboration will deepen comprehension of the Chiliz ecosystem, potentially stimulating user adoption and the expansion of the SportFi ecosystem. As per CoinMarketCap data, the Chiliz blockchain boasts a total market capitalization of $1.2 billion, attracting many top football clubs, including Manchester City and Paris Saint Germain (PSG).
The zkSync scaling protocol of Ethereum, one of the major zero-knowledge proof rollups in the ecosystem, is processing over one million transactions daily for more than 350,000 addresses, as per Nansen’s data. Omar Azhar, who leads business development at Matter Labs, sees this as a valuable addition to the ecosystem of zkSync and the broader Web3 sector, making on-chain data processing more actionable and comprehensive.
Nansen has cultivated a name for its blockchain analytics and wallet-labeling. In October 2022, Cointelegraph had a conversation with its CEO Alex Svanevik at the company's headquarters in Singapore. There, the company's founder discussed Nansen's origins and shared an estimation that the platform sifts through nearly a petabyte of data every day from the array of blockchains it tracks.
Published At
3/28/2024 6:00:00 PM
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