Blockchain Analytics Provider Nansen to Add Solana Support

Blockchain analytics provider says support is coming for Solana in Q1 2021.


Source: Shutterstock


key takeaways

  • Nansen is seen as one of the most powerful analytics suites for blockchain, allowing users to deep dive into whales’ and institutions wallets for trading data
  • Alexandre Caillol, head of institutional sales at Nansen, told Blockworks that the platform is looking to onboard five new ecosystems every quarter going forward

Breakpoint 2021, Lisbon, Portugal — Nansen’s very specific brand of on-chain market intelligence, which allows its users to monitor the wallets of whales and institutions for actionable intelligence, is coming to Solana in the first quarter of next year, the company announced at Breakpoint. 

At the core of blockchain technology is transparency. But to the uninitiated, the data on-chain is effectively a foreign language. That’s where Nansen steps in, giving users the ability to identify wallets that belong to whales, institutions or VCs and track the flow of funds to identify trading opportunities. 

Speaking with Blockworks during Breakpoint, Alexandre Caillol, the company’s head of institutional sales, said that the $15 billion of value locked into Solana’s decentralized finance (DeFi) projects meant that Nansen’s customers were demanding the toolset be ported over — especially with the burgeoning non-fungible token (NFT) ecosystem taking place on the chain. 

“We integrate new chains from the demand of our user base. Solana was a long time coming,” he said. “Toward the end of the summer, we saw a massive influx of users mainly coming from the ‘NFT summer.’ The DeFi users are pretty active.”

Caillol said that his goal is for Nansen to become a multichain platform, adding new protocols as the user base demands it. However, porting to Solana is a first for the company as Solana doesn’t use the Ethereum Virtual Machine like Avalanche, Binance Smart Chain, or Polygon. Instead, it uses its own consensus mechanism.

Porting Nansen over won’t be an overnight process, but rather something that takes time Caillol explained. 

The plan, Caillol said, is to onboard five new ecosystems every quarter going forward to allow users to stalk the smart money no matter the platform.

“Our goal is to become multichain, and with our recent raise we can do that now,” he said.

Get the day’s top crypto news and insights delivered to your inbox every evening. Subscribe to Blockworks’ free newsletter now.


Upcoming Events

Salt Lake City, UT

MON - TUES, OCT. 7 - 8, 2023

Blockworks and Bankless in collaboration with buidlbox are excited to announce the second installment of the Permissionless Hackathon – taking place October 7-8 in Salt Lake City, Utah. We’ve partnered with buidlbox to bring together the brightest minds in crypto for […]

Salt Lake City, UT

WED - FRI, OCTOBER 9 - 11, 2024

Pack your bags, anon — we’re heading west! Join us in the beautiful Salt Lake City for the third installment of Permissionless. Come for the alpha, stay for the fresh air. Permissionless III promises unforgettable panels, killer networking opportunities, and mountains […]

recent research

Research Report Cover Vertex.jpg


The proliferation of new perp DEXs has led to fragmented liquidity across various DEXs and chains. Vertex, known for its vertically-integrated DEX that includes spot, perpetual, and integrated money markets, is now tackling cross-chain liquidity fragmentation through horizontal integration with the launch of new Edge instances. Vertex's integrated offerings and cross-margined account structure amplify the benefits of new instances: native cross-chain spot trading, optimized cross-chain basis trading, consistent interest rates, reduced bridging friction, and more.


Partnering with EtherFi and Angle, the fully on-chain perp DEX features bespoke collateral



Gavin Wood introduced the next evolutionary step for the Polkadot network: the Join-Accumulate Machine, or JAM


The side events were the places to be at Consensus 2024, according to attendees


Also, who’s come out swinging in the spot ether ETF fee war — and who could undercut them


I know it is not in their nature, but US regulators could learn a lot by researching the digital asset frameworks that overseas regulators have already gotten right


Also, the ETF hype train can count out at least one member