Blockchain Analytics Provider Nansen to Add Solana Support

Blockchain analytics provider says support is coming for Solana in Q1 2021.

article-image

Source: Shutterstock

share

key takeaways

  • Nansen is seen as one of the most powerful analytics suites for blockchain, allowing users to deep dive into whales’ and institutions wallets for trading data
  • Alexandre Caillol, head of institutional sales at Nansen, told Blockworks that the platform is looking to onboard five new ecosystems every quarter going forward

Breakpoint 2021, Lisbon, Portugal — Nansen’s very specific brand of on-chain market intelligence, which allows its users to monitor the wallets of whales and institutions for actionable intelligence, is coming to Solana in the first quarter of next year, the company announced at Breakpoint. 

At the core of blockchain technology is transparency. But to the uninitiated, the data on-chain is effectively a foreign language. That’s where Nansen steps in, giving users the ability to identify wallets that belong to whales, institutions or VCs and track the flow of funds to identify trading opportunities. 

Speaking with Blockworks during Breakpoint, Alexandre Caillol, the company’s head of institutional sales, said that the $15 billion of value locked into Solana’s decentralized finance (DeFi) projects meant that Nansen’s customers were demanding the toolset be ported over — especially with the burgeoning non-fungible token (NFT) ecosystem taking place on the chain. 

“We integrate new chains from the demand of our user base. Solana was a long time coming,” he said. “Toward the end of the summer, we saw a massive influx of users mainly coming from the ‘NFT summer.’ The DeFi users are pretty active.”

Caillol said that his goal is for Nansen to become a multichain platform, adding new protocols as the user base demands it. However, porting to Solana is a first for the company as Solana doesn’t use the Ethereum Virtual Machine like Avalanche, Binance Smart Chain, or Polygon. Instead, it uses its own consensus mechanism.

Porting Nansen over won’t be an overnight process, but rather something that takes time Caillol explained. 

The plan, Caillol said, is to onboard five new ecosystems every quarter going forward to allow users to stalk the smart money no matter the platform.

“Our goal is to become multichain, and with our recent raise we can do that now,” he said.


Get the day’s top crypto news and insights delivered to your inbox every evening. Subscribe to Blockworks’ free newsletter now.


Tags

Upcoming Events

Old Billingsgate

Mon - Wed, October 13 - 15, 2025

Blockworks’ Digital Asset Summit (DAS) will feature conversations between the builders, allocators, and legislators who will shape the trajectory of the digital asset ecosystem in the US and abroad.

Industry City | Brooklyn, NY

TUES - THURS, JUNE 24 - 26, 2025

Permissionless IV serves as the definitive gathering for crypto’s technical founders, developers, and builders to come together and create the future.If you’re ready to shape the future of crypto, Permissionless IV is where it happens.

Brooklyn, NY

SUN - MON, JUN. 22 - 23, 2025

Blockworks and Cracked Labs are teaming up for the third installment of the Permissionless Hackathon, happening June 22–23, 2025 in Brooklyn, NY. This is a 36-hour IRL builder sprint where developers, designers, and creatives ship real projects solving real problems across […]

recent research

Research

article-image

Bitcoin needs a price, but its magic runs deeper

article-image

Circle had a pretty successful first day of trading, but what’s next for the stablecoin issuer?

article-image

Solana’s USDC caught a boost after being paired with the TRUMP memecoin

article-image

The stablecoin issuer’s successful first day of trading is likely to spur more crypto IPOs, industry watchers say

article-image

Job openings rallied and continuing claims stalled ahead of May’s employment report

article-image

A group of Twitch streamers battle for bitcoin. Will their chats help them?