Nansen integrates blockchain data from SportFi chain Chiliz and Ethereum rollup zkSync

Gareth Jenkinson9 hours agoNansen integrates blockchain data from SportFi chain Chiliz and Ethereum rollup zkSyncThe integration provides a high-level overview of both ecosystems, allowing cryptocurrency teams to run their own queries and get insights from the raw data.12296 Total views6 Total sharesListen to article 0:00NewsOwn this piece of crypto historyCollect this article as NFTJoin us on social networksCryptocurrency users looking for the latest “alpha” in SportFi and zero-knowledge rollups can keep close tabs on data and insights from blockchain Chiliz and Ethereum layer 2 zkSync through new integrations on Nansen.

The blockchain analytics platform announced the integration of the two different protocols on March 28, unlocking on-chain data analytics and insights for its users.

Nansen data journalist Martin Lee told Cointelegraph that the integration provides a high-level overview of both ecosystems, allowing cryptocurrency teams to run their own queries and get insights from the raw data itself via Nansen query:“Users can gain insights into the daily active users and transactions on the chain, as well as which entities and protocols are seeing the most usage via the macro dashboard.”

The functionality will unlock data insights into Chiliz, the proprietary blockchain powering scores of fan tokens licensed by high-profile sports teams and organizations worldwide that operate on the Socios platform.

Related:Man and machine: Nansen’s analytics slowly labeling worldwide wallets

Chiliz and Socios CEO Alexandre Dreyfus says the collaboration will deepen the understanding of the Chiliz ecosystem and potentially drive user adoption and growth of the SportFi ecosystem:“Having Chiliz Chain on Nansen is a critical step to grow the ecosystem and help developers and industry stakeholders to start looking at Chiliz at a legitimate layer-1 with a very long-term vision.”

According to data from CoinMarketCap, the Chiliz blockchain has a total market capitalization of $1.2 billion. The ecosystem has attracted many of the biggest football clubs, including Manchester City and Paris Saint Germain (PSG).Chiliz on-chain data as seen on Nansen’s dashboard. Source: Nansen

Cointelegraph reviewed Chiliz’s blockchain through Nansen 2, the latest version of the analytics platform, which reflects an average of 2,100 daily active addresses. Manchester City, Binance, Turkish club Trabzonspor, Galatasaray and PSG are listed as the top five entities on-chain over the past week.

Related: Animoca eyes SportFi ecosystem, becomes Chiliz Chain validator

Ethereum scaling protocol zkSync is one of the major zero-knowledge proof rollups in the ecosystem, processing over a million transactions daily for over 350,000 addresses, according to data from Nansen’s dashboard.ZkSync saw a noticeable drop in transaction fees following Ethereum’s Dencun hard fork. Source: Nansen

Matter Labs head of business development, Omar Azhar, believes the integration with Nansen will prove valuable to the zkSync ecosystem and wider Web3 space by making processing on-chain data that is actionable and digestible.

“The great benefit of permissionless blockchains such as zkSync is that all the data is public and contains valuable insights for builders, investors and end-users alike,” Azhar said.

Related:Paris Saint-Germain begins Web3 drive as a new blockchain validator for Chiliz Chain

Nansen has garnered a reputation for its wallet-labeling and blockchain analytics. In October 2022, Cointelegraph interviewed its CEO Alex Svanevik at the firm’s Singapore headquarters, where the founder recounted Nansen’s genesis story and estimated that the platform scans nearly a petabyte of data daily from the variety of blockchains it monitors.

Magazine: ‘SEAL 911’ team of white hats formed to fight crypto hacks in real time# Blockchain# Cryptocurrencies# Ethereum# Analysis# Adoption# Sport# Tech Analysis# Data# zk-RollupAdd reactionAdd reaction