The post Nansen and Scroll team up for blockchain growth, enhanced analytics appeared on BitcoinEthereumNews.com.

Nansen announced a strategic partnership with Scroll, an advanced Layer 2 solution designed to enhance the Ethereum blockchain’s speed and cost-efficiency.  This collaboration aims to bring Nansen’s analytics and on-chain insights to the Scroll ecosystem, supporting the growth of decentralized finance by enabling better decision-making for investors and developers alike, according to a press release shared with crypto.news.  Scroll operates as a zero-knowledge rollup, a technology that “rolls up” transactions on a secondary chain and then posts them to Ethereum (ETH), which helps reduce congestion and fees. It also maintains Ethereum’s security while delivering faster transactions and a smoother experience for developers already working with Ethereum.  Essentially, Scroll offers a more scalable and cost-effective alternative without altering the core Ethereum code, allowing users and developers to transition seamlessly. Earlier this month, Nansen announced an integration with Solana (SOL), bringing advanced token and wallet tracking tools to the ecosystem. This integration introduced features like Wallet PnL, Token Screener, and Smart Money to enhance data analysis and investor insights within Solana. Better tracking  The partnership with Nansen introduces several tools for tracking activity within the Scroll ecosystem. Nansen’s new Scroll Macro Dashboard, set to be rolled out in phases, will feature options like Token God Mode and Wallet Profiler, giving investors and developers access to transaction trends, wallet interactions, and contract activity.  This data is especially valuable in the decentralized finance space, where on-chain analytics can highlight investment opportunities, reveal real-time risks, and help users track the performance of digital assets. According to Nansen’s Chief Executive Officer Alex Svanevik, this partnership combines Scroll’s advanced technology with Nansen’s analytics capabilities to support transparency and innovation in the blockchain space. This move follows six months of notable growth within the Scroll ecosystem. Active addresses grew from nearly 100,000 in May to nearly 500,000 by…

---

Filed under: News - @ October 30, 2024 5:22 pm