Nansen integrates with Stellar to improve blockchain analytics

Nansen, a blockchain analytics platform, has partnered with the Stellar Development Foundation to provide advanced cross-chain analytics for the Stellar ecosystem.

The collaboration aims to provide actionable insights to developers, investors and businesses, helping them make informed decisions within the Stellar blockchain network.

excellent (XLM) is a decentralized network designed to enable fast, low-cost cross-border transactions. Through this integration, Nansen’s growth dashboard will contain Stellar-specific data, including key metrics such as active account growth, transaction volume, and key participants driving network activity.

Blockchain analytics platforms like Nansen collect and analyze data from decentralized networks to identify patterns, trends, and opportunities. In the case of Stellar, Nansen’s platform will highlight user activity, ecosystem trends, and contributions of key players, providing users with a clearer view of the network’s growth and adoption.

Earlier this month, Nansen also a partner With TON Blockchain to provide enhanced analytical tools aimed at increasing transparency and delivering actionable insights to developers, investors and the broader cryptocurrency community.

Stellar’s recent growth

Excellent for him showed strong growth In recent months. Active wallet addresses increased from 60,000 in August 2024 to over 100,000 by January 2025, peaking at 172,134 in November.

The network processes between 1.5 million and 2.4 million transactions per day, demonstrating its scalability. Key contributors to transaction activity include Binance, Coinbase, and native ecosystem players such as TMM and Syklo, reflecting a mix of institutional and grassroots participation.

XLM Often mirrors XRP’s performance is due to its shared history and similar roles in the cryptocurrency industry. Jed McCaleb, the founder of Stellar, was one of the main founding members of Ripple.