Nansen Partners with Layer-2 Platform Scroll to Boost Blockchain Ecosystem

Crypto Reporter

Shalini Nagarajan

Crypto Reporter

Shalini Nagarajan

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Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

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Last updated: 

October 30, 2024

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Blockchain analytics platform Nansen announced Wednesday that it is partnering with Layer-2 scaling solution Scroll to help developers access real-time trend data, identify new opportunities and make more informed decisions within the Scroll ecosystem.

With this partnership, Scroll users — including developers assessing user engagement — can access real-time, actionable insights. This data would enable them to make decisions grounded in activity taking place on Scroll’s network.

With Nansen’s integration, investors gain the ability to follow the flow of capital within Scroll’s ecosystem. They can observe which projects are rising in popularity by analyzing metrics such as transaction volumes, user counts and the activity of major token holders. As a result, this access to real-time trend data could facilitate early investment in projects with potential.

Nansen Launches Dashboard for Scroll with Real-Time Analytics

Further, Nansen unveiled the Scroll Macro Dashboard, delivering insights into Scroll’s ecosystem activity and performance. This rollout will occur in stages, initially offering features like Token God Mode (TGM), Wallet Profiler, Wallet Profiler for Token, Wallet Pair Profiler, Hot Contracts, Smart Alerts and Nansen Query. These tools will enable immediate access to key data upon launch.

“Our partnership with Nansen enhances our mission and will enable more people to have the best tools to access web3,” Scroll’s co-founder Sandy Peng said.

Earlier this month, Nansen introduced tools for tracking tokens and wallets, assisting investors in analyzing Solana’s on-chain activities.

Scroll Sees Explosive Growth in Active Addresses

Scroll, built as a Layer 2 solution on Ethereum, uses Ethereum’s security infrastructure. Designed for full decentralization, it removes the need for any central authority to manage or verify transactions. As a result, Scroll supports a broad range of applications—from DeFi and NFTs to other dApps—offering them the benefits of lower costs and faster transaction speeds.

Nansen’s dashboard shows rapid growth for Scroll over the past six months. Active addresses rose significantly, jumping from 96,379 in May 2024 to 488,369 in Oct. 2024.

Scroll also saw an increase in transaction volumes, peaking in July with 722,350 transactions in a single day and reaching a daily high of 1.7m transactions in October.