Nansen Collaborates with TRON DAO to Provide Developers and Users with Advanced Blockchain Insights

Singapore, November 19, 2024 — Leading blockchain data provider <a target="_blank" target="_blank" href="https://www.nansen.ai/” rel=””>Nansen announced his collaboration with TRON DAOa DAO governed by a community dedicated to accelerating the decentralization of the Internet through blockchain technology and dApps. TRON, the trusted network for developers, institutions and individuals around the world, will be fully integrated into Nansen 2. This collaboration aims to power the TRON ecosystem by providing users and developers with unparalleled insights into on-chain data.

TRON is a decentralized blockchain network that allows developers to create and deploy decentralized applications (dApps). Powered by smart contracts and a Delegated Proof-of-Stake (DPoS) consensus mechanism, TRON offers high speed, scalability, and low fees. The TRON Virtual Machine (TVM) provides a robust environment for efficient smart contract execution and migration from ethereum with a resource model that allows users to reduce on-chain gas fees to $0 or close to $0.

With its versatile capabilities, TRON has become a leading blockchain, supporting a wide range of use cases, including payments, gaming, multimedia, art, and DeFi.

“Nansen is delighted to collaborate with TRON DAO. TRON's unique architecture combines high speed, scalability, and low fees with an easy-to-use interface, making it a powerhouse in the blockchain space. By bringing Nansen's cutting-edge real-time analytics to this rapidly growing ecosystem, we are empowering users to unlock the full potential of the platform. “This collaboration is a testament to our shared commitment to driving growth and adoption in the blockchain space.” – Alex Svanevik, CEO of Nansen.

“The TRON network is a leader in blockchain innovation and the integration with Nansen will improve the way developers and the community interact with the ecosystem. With advanced analytics and insights into on-chain data, developers will have access to more tools and resources to build and optimize their DApps, while enabling greater transparency within the community.” —Justin Sun, founder of TRON.

TRON has become a dominant force for Tether (USDT) adoption, with 22.7 million TRON holders compared to 4.2 million ethereum holders. This data underscores TRON's low-fee, scalable infrastructure, which has made it a preferred network for stablecoin use. In the last 24 hours alone, TRON's daily transactions peaked at 6.94 million, further highlighting the platform's scalability and huge user activity.

In conjunction with this announcement, Nansen is launching the TRON Macro Dashboard, providing investors and developers with unprecedented insight into the TRON ecosystem. This powerful tool will deliver real-time actionable insights that will cut through the noise and help users identify high-value opportunities faster than ever.

This dashboard will offer key insights into ecosystem activity and performance, including features such as Token God Mode (TGM), Wallet Profiler, Hot Contracts, Wallet Profiler for Tokens (WP4T), Wallet Pair Profiler, Token Overlap, Token Screener, and Smart Alerts .

About Nansen

Nansen is a blockchain analytics platform that enriches on-chain data with millions of wallet tags. Cryptocurrency investors use Nansen to discover opportunities, perform due diligence, and defend their portfolios with our real-time dashboards and alerts. Visit <a target="_blank" target="_blank" href="https://nansen.ai” rel=””>https://nansen.ai to know more.

Media contact
shannon
(email protected)

About Tron

TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the Internet through blockchain technology and dApps.

Founded in September 2017 by HE Justin Sun, the TRON network has continued to make impressive achievements since the launch of MainNet in May 2018. July 2018 also marked the integration of BitTorrent, a pioneer in decentralized Web3 services that has over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of November 2024, it has over 270 million total user accounts on the blockchain, over 8 billion total transactions, and over $16 billion in total value locked (TVL), as reported on TRONSCAN.

Additionally, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin worldwide, surpassing USDT on ethereum as of April 2021. The TRON network completed its full decentralization in December 2021 and is now a DAO governed by the community. Most recently, in October 2022, TRON was designated as the national blockchain of the Commonwealth of Dominica, marking the first time that a major public blockchain has partnered with a sovereign nation to develop its national blockchain infrastructure. blocks. In addition to government support to issue Dominica Coin (“DMC”), a blockchain-based fan token to help promote Dominica's global fanfare, seven existing TRON-based tokens: TRX, BTT, nft, JST, USDD , USDT, TUSD, have been granted legal status as an authorized digital currency and medium of exchange in the country.