Nansen Report Highlights Growth of Defi and NFTs in 2021
Nansen, a cryptocurrency and blockchain statistics and analytics platform, has issued a report on the growth of decentralized finance (defi) in 2021. The document highlights how defi managed to keep growing, opening the field to new participant chains. Non-fungible tokens (NFTs) also had a notable year, with many new wallets experiencing growth as a result. Nansen Puts 2021 in Review Nansen, a blockchain analytics firm backed by Coinbase Ventures and a16z, has presented a report about the behavior and growth that decentralized finance and NFTs experienced in the last year. The....
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Blue Chip NFT collections such as Azuki, Clone X and Doodles are leading the growth of the steady growth of a market that has traded over $17 billion. On Tuesday, blockchain data analytics platform Nansen released its quarterly report on the state of nonfungible tokens, or NFTs. The report highlighted the rapid growth of the NFT market over that of the cryptocurrency market year-to-date, and it predicts of an $80 million market cap by 2025. As Cointelegraph previously reported, Nansen recently released six NFT indexes weighted by market capitalization denominated in Ether (ETH): Nansen....
Nansen has registered over 130 million addresses and has grown 30% despite the crypto downturn in 2022. Despite the general downturn in the cryptocurrency markets throughout the year, Ethereum (ETH) blockchain analytics platform Nansen has continued to report impressive growth numbers.CEO and co-founder Alex Svanevik recently spoke about Nansen’s growth, highlighting that the company has registered over 130 million addresses and has grown 30% despite the crypto downturn. Svanevik credited much of his success to the value of blockchain platforms, notably those based on Ethereum.....
The platform's newly-introduced NFT-500:ETH index reports a 68.5% growth for the top-500 Ethereum NFT’s since the beginning of the year, despite experiencing a corrective 28.8% decline over the course of the past 30-days. The research branch of Nansen, a popular blockchain data firm, has published a meticulous twelve-page report quantifying the performance of Ethereum-based nonfungible tokens, or NFTs, since the turn of the year, unveiling a number of compelling indications as to the economic and cultural future of the ecosystem.Citing the profound impact of traditional financial indexes....
Blockchain analytics firm Nansen to launch a new portfolio tracker integrated with the rest of its features with the new acquisition. Major Ethereum blockchain analytics platform Nansen continues scaling its operations by acquiring a cross-chain decentralized finance (DeFi) tracker.Nansen has acquired the multi-chain portfolio tracker Ape Board in an eight-figure deal, the firm announced to Cointelegraph on May 17.Closing later in May, the acquisition will unite the teams of the two platforms, aiming to combine Nansen’s analytics and Ape Board’s portfolio tracking to provide an all-in-one....
Crypto research firm Nansen published a report shared with NewsBTC, on non-fungible tokens (NFTs) and their performance amid the persistent bearish trend across the industry. NFTs have been a hot sector since 2021 as they facilitated broader adoption of digital assets but have taken a toll as Bitcoin and other cryptocurrencies trend to the downside. Related Reading | Axie Infinity Sales Record A Massive Slump, Losing Over $120 Million According to Nansen, their NFT Blue Chip-10 and NFT 500 Indexes displayed strength last month. At that time, Bitcoin and larger cryptocurrencies were on....