Month in Review: August 2021

Hello Nansen Explorers!

Our team has been working hard in August and we are pleased to report yet another month of amazing updates, so without further ado, let's dive right in!

Product Updates

Our product and design teams have been working tirelessly to bring you the best user experience blockchain analytic companies have to offer and we’re excited to summarize the monthly highlights.

User Growth Metrics

This month has been one of the best on record for us:

• Daily Active Users grew by 177% from July.
• Average Days Active per user was up 7% from the prior month.

Introducing an All-New Home Screen

Delivering our users the true state of what is happening is front and center to our mission. We revamped our home screen to collect all of the best pieces of Nansen and put them right in front of you - constantly updating and evolving as the environment changes. 

This includes: 

• A preview of our most popular dashboards so you can have a lay of the land right at your fingertips.
• Real-time tracker of gas consumption across the network so you can pinpoint what is causing the spikes.
• The new home screen is available for all users regardless of subscription!

Gas consumers have been lighting up the scene this month as NFT drops have caused gas spikes well into the quadruple digit gwei. The Nansen home screen was a timely tool to spot those movements. Finding exactly what is causing the jump, you can then move to wallet profiler to learn more about the contract. This has become the premier tool for NFT discovery and research.

Binance Smart Chain (BSC) Support - Hot Contracts & Smart Alerts

Nansen now supports our third blockchain in production! VIP and Alpha subscribers can now utilize our network switch and navigate to Binance Smart Chain. Included in our first version are Hot Contracts and Smart Alerts.

Note: Certain features are currently available to VIP and Alpha tier members only. For more information on our plans and pricing, please click here.

For Hot Contracts, we have identified commonly known protocols like PancakeSwap and ApeSwap - so you can spot the top trending opportunities within those platforms. Clicking on the pop out link brings you right to the contract within BscScan.

Multichain Overview

We’ve renamed our Polygon dashboard to ‘Multichain Overview’ and have now included support for BSC overview:

And BSC vs ETH:

These are publicly available dashboards that will help paint a better picture of the overall activity within the BSC ecosystem.

Uniswap v3 Overview & Pair Profiler

We now offer a Uniswap v3 dashboard that:

• Highlights the top pairs by volume. 
• Spotlight smart money activity on liquidity pools so you can see top liquidity pairs and smart money activity.
• Click into any single pair to see more information about how liquidity is distributed and which fee class most users are opting for. 
• You can also compare how the majority is distributing their liquidity vs smart money.
  

New Account Management Redesign

Small but important! Logging in, resetting your password, and seeing your account status has been optimized and redesigned.
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Marketing Updates

Podcasts

Base Layer Episode 216: Alex Svanevik, Founder of Nansen on analyzing 90M+ labeled Ethereum wallets

‍#10 Slik hentet Svanevik og Nansen.AI over 100 mill.kr. fra Andreessen Horowitz

NFP with Dkleine (Alex Svanevik)

In the Media

Beincrypto

Study Finds NFT Industry Shows Some Undesirable Signs

Benzinga‍

Here's How Much ETH Has Been Burned By EIP-1559‍

‍Bitcoin.com

NFT Leaderboard Study Highlights the Crypto Industry's Leading NFT Collectors

Bloomberg

NFTs Could Go Even More Mainstream With Shopify’s Latest Move

Growing NFT Industry Sees Signs of 'Amiss' Behavior, Study Shows

Coincodex‍

6.88 Million ETH - Ethereum 2.0 Deposit Contract Is Now the Biggest ETH HODLer

Coindesk

What Crypto Analysts Are Saying About the Ethereum Hard Fork

Valid Points: Ethereum 2.0 Trends Toward Decentralization

Ethereum 2.0 Staking Contract Now Holds the Most Ether: $21.3B

Frothy NFT Market Remains ‘Healthy’ as Developers Hold ETH or Reinvest: Nansen

Coingecko

Punks, Apes, and Penguins: A New Cultural Paradigm

Cointelegraph

This time it’s different: When DeFi meets NFTs

CryptoBriefing

Nansen Discusses the Growth of DeFi on Ethereum

CryptoSlate

Here’s what happens to Ethereum (ETH) revenue after multimillion NFT sales

Cryptonews

Ethereum Burning Thousands of USD a Minute, While Miners Face the Change‍

What Do NFT Projects do With Ethereum They Get

Decrypt

NFT Marketplace OpenSea Processed Nearly $100M in 2 Days

$30 Million in Ethereum Burned Just Two Days After EIP-1559 Launch

Ethereum NFT Sales Set Records in ‘Validating, Exhilarating’ Day

‍Gartner Hype Cycle Ranks NFTs at 'Peak of Inflated Expectations' Amid Craze‍

NewsBTC

Ethereum 2.0 Becomes The Leading Hodler of Ether With $21.5 Billion in Funds‍

Protocol

Visa Wants In On The NFT Craze. So Do Scammers

Onward to September

We are continuously striving to improve our capabilities here at Nansen to make your experience as seamless as possible.

Looking forward to next month, we hope to have a few more updates ready for you, including:

• Entity Profiler
• Bookmarking Addresses
• Bookmarking Tokens
• Brand New Smart Alert System
• And much much more!
  

As always, don’t forget to give us your feedback if you’d like support for a particular feature here.

About Nansen

Nansen is a blockchain analytics platform that enriches on-chain data with millions of wallet labels. Crypto investors use Nansen to discover opportunities, perform due diligence, and defend their portfolios with real-time alerts.

New to Nansen? Sign up for our 7-day trial today!

For more information:

• Visit our Research and Resources pages
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