Nansen, the on-chain wallet analyzer, now supports Solana

Cryptocurrency wallet analyzer site Nansen revealed Thursday that it has included the Solana blockchain.

In a press release (DeFi), the data startup cited Solana's rise in the field of irreplaceable tokens (NFTs) and decentralized finance. According to the company, this connection will "help identify trends in both areas.

On Thursday, Nansen's Solana overview page reported 1.31 million "unique 1-day visitors" to the fast and cheap blockchain. DEX Serum transactions accounted for 32 percent of "program executions.

Nansen's wallet scouting service attracts traders and venture capital firms interested in explaining the visible, albeit confusing, on-chain transactions of cryptocurrencies. At the end of last year, it received $75 million for a major growth push.

On-chain tools are in high demand, and other wallet trackers are looking to expand. Context is one business that raised $19.5 million in venture capital on Wednesday.

"There is a lot of interest in launching the Solana dashboard," Nansen CEO Alex Svanevik said in a press release.