Blockchain Adoption: Nansen, NEAR to Enhance On-Chain Insights in the NEAR Ecosystem

Nansen recently announced their partnership with NEAR protocol in order “to provide on-chain insights to their ecosystem.”

The team says they are pleased to announce their collaboration with NEAR, “a growing Layer-1 blockchain, to provide advanced analytics for ecosystem developers and investors.”

This latest cooperation will aim to “offer real-time data and unlock key insights into transaction patterns, wallet activity, and network growth, providing developers and investors with data-driven insights into NEAR’s ecosystem.”

Alex Svanevik, CEO of Nansen, said:

“We’re excited to partner with NEAR Foundation, empowering developers to create even more robust dApps and expedite the next chapter of Web3.”

NEAR: A “high-performance” blockchain without limits

As noted in a blog post, NEAR Protocol is described as “a Layer-1 blockchain designed to provide developers and end-users with a fast, scalable, and user-friendly platform.”

The platform aims “to enable the widespread adoption of web3 by offering an optimal environment for developers to create innovative dApps and a seamless user experience.”

Marieke Flament, CEO of the NEAR Foundation, stated:

“We are excited to join forces with Nansen to offer our developer community even more valuable insights. This partnership enables us to enhance our ecosystem and bring advanced analytics tools and data-driven insights to the forefront of the Web3 movement, ultimately accelerating the widespread adoption of decentralized applications.”

As mentioned in the announcement, this recent partnership with NEAR “represents another step forward in Nansen’s vision to bring transparency to the web3 space and surface signals for investors and builders.”

The integration will reportedly be part of “a multi-step process.”

As explained in the update, users can already “track their NEAR holdings on Nansen Portfolio and can expect to unlock more insights using Nansen Query and Nansen Pro in the second half of 2023.”

As covered earlier this month, Matrixport, which claims to be one of the world’s largest and trusted digital assets financial services ecosystems, announced that its institutional qualified custodian service, Cactus Custody, has integrated with NEAR Protocol, a Layer 1 blockchain ecosystem.

The partnership “enables seamless support of the NEAR Protocol across all Matrixport services on Cactus Custody.”

This offers institutional clients “an added layer of confidence in safeguarding their native NEP-141 NEAR token assets.” Additionally, NEP-141 compatible projects “can optimize DeFi operations to further catalyse growth via Cactus Custody’s robust DeFi connectivity solution.”

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