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Home»Blockchain»Stellar integrates the on-chain analytics platform Dune
Blockchain

Stellar integrates the on-chain analytics platform Dune

2024-10-16No Comments2 Mins Read
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Stellar, the blockchain network for cross-border payments and real-world asset solutions, is now live on the crypto ecosystem’s best on-chain data platform, Dune.

The integration of Stellar (XLM) and Dune was announced on October 15 at Meridian 2024, a three-day annual conference focused on the Stellar blockchain. This year’s conference, held in London, UK, will take place from October 15 to 17.

With the integration, Dune users can now use the platform’s analytics tools to explore the Stellar ecosystem. Access to data will enable developers, analysts and other users to unlock new insights into the cross-border payment network.

You might also like: Huma secures $38 million investment to expand into Solana and Stellar

In September, Dune announced its integration with more than 50 parachains in the Polkadot (DOT) ecosystem. Support brings real-time data to investors, developers and data analysts. The web3 platform also teamed up with Worldcoin on October 11, 2024 in a partnership that will give Worldcoin (WLD) users access to real-time on-chain data on the upcoming World Chain blockchain.

In its latest partnership, Dune will help expand Stellar’s reach within the payments and tokenization market.

Users can now obtain and analyze the market data on Stellar in terms of metrics such as total transaction volumes, network health or smart contract interactions, noted Dune co-founder and CEO Fredik Haga.

The integration will also be critical to the growth of decentralized finance applications.

“With the integration of Stellar into Dune, we are offering the community an opportunity to explore on-chain data that is critical to understanding the dynamics of global payments and asset tokenization. Communities can now analyze key metrics including transaction volumes, token transfers and smart contract interactions, helping them refine use cases in areas like money transfers and DeFi.”

Fredik Haga

Stellar on Dune is available through an official dashboard. Users can also create custom dashboards and access pre-built dashboards that visualize key metrics for the blockchain network.

See also  FIFA migrates from Algorand to new EVM-compatible blockchain for NFTs

Read more: Paxos launches stablecoin payment platform with Stripe as its first customer

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