Nansen and Scroll Join Forces to Drive Blockchain Advancement and Improve Analytics
Nansen has unveiled a strategic collaboration with Scroll, an innovative Layer 2 solution aimed at boosting the Ethereum blockchain’s efficiency and speed. This partnership is set to integrate Nansen’s analytics and on-chain insights into the Scroll ecosystem, fostering the advancement of decentralized finance by facilitating improved decision-making for both investors and developers, as stated in a press release provided to crypto.news.
Scroll functions as a zero-knowledge rollup, a sophisticated method that aggregates transactions on a secondary chain before submitting them to Ethereum (ETH). This approach alleviates network congestion and reduces transaction fees while preserving the security of Ethereum and offering quicker transactions. Developers already engaged with Ethereum will find a more streamlined experience, as Scroll provides a scalable and cost-effective solution without modifying the foundational Ethereum code, allowing for seamless user and developer transitions.
Earlier this month, Nansen also announced a partnership with Solana (SOL), which brought advanced tools for tracking tokens and wallets to that ecosystem. This integration introduced features such as Wallet PnL, Token Screener, and Smart Money, all designed to enhance data analysis and provide deeper insights for investors within Solana.
In addition, the collaboration with Scroll will introduce a variety of tracking tools to monitor activities within its ecosystem. The new Scroll Macro Dashboard from Nansen, which will be launched in stages, will include features like Token God Mode and Wallet Profiler, empowering investors and developers with access to transaction trends, wallet interactions, and contract activity.
Such data is particularly crucial in the decentralized finance sector, where on-chain analytics can uncover investment opportunities, highlight real-time risks, and assist users in monitoring the performance of digital assets.
Nansen’s CEO, Alex Svanevik, commented that this partnership merges Scroll’s cutting-edge technology with Nansen’s robust analytics capabilities, promoting transparency and innovation within the blockchain landscape.
This strategic move comes on the heels of significant growth within the Scroll ecosystem over the past six months. The number of active addresses surged from nearly 100,000 in May to almost 500,000 by October, with daily transactions exceeding 1.7 million, as reported in the press release.