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Home » Nansen Collaborates with TRON DAO to Provide On-Chain Insights for Ecosystem Expansion
Blockchain

Nansen Collaborates with TRON DAO to Provide On-Chain Insights for Ecosystem Expansion

By adminNov. 19, 2024No Comments2 Mins Read
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Nansen Collaborates with TRON DAO to Provide On-Chain Insights for Ecosystem Expansion
Nansen Collaborates with TRON DAO to Provide On-Chain Insights for Ecosystem Expansion
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Nansen Integrates with TRON DAO to Deliver On-Chain Insights for Ecosystem Growth

Blockchain analytics firm Nansen announced on Tuesday that it has partnered with the community-focused blockchain project TRON DAO. This collaboration integrates TRON into Nansen 2, enhancing the TRON ecosystem with advanced on-chain analytics.

This partnership allows developers on TRON to utilize Nansen’s data for making more informed decisions regarding their decentralized applications (dApps). By understanding how users interact with applications, developers can improve dApp design, enhance user engagement, and promote overall growth within the TRON ecosystem.

TRON utilizes smart contracts and a delegated proof-of-stake (DPoS) system to ensure fast transactions, effective scalability, and minimal fees. Furthermore, the TRON Virtual Machine streamlines the execution of smart contracts, enabling users to reduce or eliminate transaction costs significantly.

Developers and users appreciate TRON for its diverse capabilities across sectors such as payments, gaming, art, and the emerging field of decentralized finance (DeFi).

“The TRON network is at the forefront of blockchain innovation, and the integration with Nansen will enhance how developers and the community engage with the ecosystem,” stated TRON founder Justin Sun.

TRON Surpasses Ethereum in USDT Adoption

TRON’s influence continues to expand, with 22.7 million Tether (USDT) holders on its platform, surpassing Ethereum’s 4.2 million. Additionally, TRON recently achieved a peak of 7.71 million transactions in a single day, demonstrating strong user engagement.

Moreover, TRON’s memecoin launchpad, SunPump, boosted the blockchain’s quarterly revenue to a record $151.2 million in Q3 2024, marking a 30% increase from the previous quarter.

Nansen Unveils TRON Macro Dashboard

As part of this partnership, Nansen introduced the TRON Macro Dashboard, providing investors and developers with a real-time, comprehensive view of the TRON ecosystem’s performance. The dashboard includes tools like Token God Mode, Wallet Profiler, and other advanced analytics to help users identify valuable opportunities within the TRON network swiftly.

This initiative enhances transparency and offers the community actionable insights to effectively navigate and utilize TRON’s blockchain offerings.

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