IOTA: advanced on-chain analysis coming thanks to Nansen

cryptonews.net 19/02/2025 - 13:22 PM

Today, Nansen Partners with IOTA

Nansen has announced a partnership with IOTA, bringing advanced analytics tools such as the IOTA Growth Dashboard and Nansen Query to the IOTA EVM ecosystem.

This partnership will provide IOTA users with powerful analysis tools and additional features in the near future.


IOTA x Nansen

IOTA is a cryptocurrency project launched in 2016, designed for the Internet of Things (IoT) and based on Tangle technology, distinct from traditional blockchain.

The open-source distributed ledger technology supports real-world applications on-chain, merging a permissionless public asset infrastructure with smart contracts for enterprise and Web3 innovations. It is operated by the IOTA Foundation, based in Berlin, and supported by entities in Switzerland and Abu Dhabi.

Recently, the IOTA EVM ecosystem has shown significant growth, with a steady increase in active addresses, reaching 636 daily active addresses, despite short-term variations. The transaction volume also surged, with over 42,360 transactions recorded in the last 24 hours, alongside rising developer engagement marked by new daily smart contract deployments.


Nansen Introduces Advanced Analysis on IOTA

Nansen is a leading provider of blockchain analysis and insights, enriching on-chain data with millions of wallet labels for investors to discover opportunities, carry out due diligence, and access real-time dashboards and alerts. Nansen has previously engaged in similar partnerships to broaden access to its data and analytics.


The Partnership

Nansen will introduce its advanced analysis tools, including the IOTA Growth Dashboard and Nansen Query, to the IOTA EVM ecosystem. The IOTA Growth Dashboard will offer important on-chain metrics such as active addresses, transaction volume, and primary entities of the ecosystem. Users—investors, developers, and participants—will benefit from valuable insights to aid decision-making and strategy development.

The integration will occur in phases, starting with the rollout of the IOTA Growth Dashboard and Nansen Query, followed by additional features like Nansen Profiler and Token God Mode.


The Price of IOTA

IOTA, the native cryptocurrency of the IOTA ecosystem, debuted in 2017 during a significant bull market, climbing from $0.6 to nearly $5.7, the highest price it’s ever reached. After a bear market in 2018, its price fell below $0.3. It rebounded during the 2021 bull run, surpassing its initial price, but did not reach its all-time high of $5.7 again. Recently, the price fluctuated extensively, dipping to $0.1 and bouncing back to $0.5, before settling around $0.3 in February 2025.


The Comments

Alex Svanevik, CEO of Nansen, expressed:
> “As we continue to expand our analytical capabilities in the main blockchain ecosystems, the integration with IOTA is a natural next step. This collaboration will allow users to monitor the growth of the IOTA ecosystem with real-time data, supporting deeper insights and more informed decisions.”

Dominik Schiener, co-founder of IOTA, stated:
> “We are truly happy to strengthen our ecosystem with Nansen’s advanced analysis. By integrating IOTA EVM with Nansen, community members and builder teams gain valuable insights to make data-driven decisions, monitor ecosystem growth, and refine their strategies with greater confidence.”




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