Today, Nansen announced its integration with Stellar Development Foundation to bring crypto analytics and data to the Stellar ecosystem.
This integration allows users to investigate wallet behavior, transaction activity, and ecosystem performance on Stellar.
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The two well-known crypto companies have decided to join forces to advance blockchain analytics for a more connected ecosystem.
Nansen stated that it is a milestone that marks an important step in its mission to empower users within the Stellar ecosystem with information and analytics to fuel their growth.
The crypto Stellar (XML)
Stellar is a blockchain based on a decentralized network. Fast, scalable and sustainable, it was created by a non-profit organization with the mission to pave the way to unlocking the world’s economic potential through blockchain technology.
For this reason, it was created with speed and low costs in mind, to provide developers and financial institutions around the world with a platform for issuing assets and sending and converting currencies in real time.
The original cryptocurrency, XLM, capitalized over $13.8 billion and entered the crypto markets in 2014.
The project was born as a kind of decentralized spin-off from Ripple, and in fact the market trend of XLM price often follows that of XRP.
Note that it has had three price peaks over the years, very close together.
The first and largest was in January 2018, when it reached an all-time high above €0.93.
The second, after a decline to $0.04, occurred in 2021, when it managed to climb back to around $0.70.
The third, after a decline to $0.07, occurred in early December 2024, when the price reached almost $0.57. It is still not certain that this latest bull run is over.
Nansen Introduces Advanced Crypto Analysis for Stellar (XLM)
Nansen is a blockchain analytics platform that enriches on-chain data with millions of wallet labels.
Users use the Nansen platform to discover opportunities, perform due diligence, and optimize their strategies through dashboards and real-time alerts.
Thanks to Stellar’s integration, it will launch a growth dashboard specifically for this blockchain, to provide detailed reports on user activity, transaction trends and top-performing applications.
Through Nansen’s Growth Dashboard, users can now also monitor vital metrics on the Stellar network, such as active accounts to analyze user engagement and portfolio growth, transaction volume to identify emerging activity patterns and trends, and key ecosystem participants to identify key entities that drive innovation and adoption within Stellar.
These analytics are intended to provide actionable intelligence, helping users identify growth areas, potential partnerships, and promising trends within the Stellar ecosystem.
The growth of the Stellar ecosystem
The Stellar ecosystem has shown remarkable growth over the past six months.
For this reason, Nansen decided to integrate it.
Notably, the number of active addresses on Stellar increased from approximately 60,000 in August 2024 to over 100,000 in January 2025, peaking at 172,134 on November 7, 2024.
Furthermore, the network has consistently processed between 1.5 million and 2.4 million transactions per day, confirming its scalability and reliability in handling high-frequency and low-cost operations.
Stellar has also consistently demonstrated its potential to redefine cross-border payments and digital asset transfers.
The comments
Nansen CEO Alex Svanevik stated:
“We are excited to integrate Stellar data and unlock valuable insights for our users. This integration allows us to surface signals and create winners in the blockchain space, giving investors, developers and businesses the analytics they need to thrive.”
Stellar Development Foundation Chief Product Officer Tomer Weller added:
“The integration of Nansen into the Stellar ecosystem will provide our community and developers with valuable insights that will support building on the Stellar network. This integration makes Stellar stronger and will help our ecosystem continue to grow.”