Today Nansen announced the integration with Stellar Development Foundation, to bring crypto analysis and data to the Stellar ecosystem.
With this integration, users can explore wallet behavior, transaction activity, and ecosystem performance on Stellar.
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The two well-known crypto firms have decided to join forces to promote blockchain analysis for a more connected ecosystem.
Nansen has stated that it is a milestone representing a significant step in the mission to provide users with information within the Stellar ecosystem with the necessary analyses to promote their growth.
The crypto Stellar (XML)
Stellar is a blockchain based on a decentralized network. It is fast, scalable, and sustainable, and it was created by a non-profit organization with the mission to pave the way to unlock the world’s economic potential through blockchain technology.
For this reason, it was created with speed and low costs in mind, so as to provide developers and financial institutions around the world with a platform to issue assets and to send and convert currencies in real time.
Its native cryptocurrency, XLM, capitalizes more than 13.8 billion dollars, and it landed on the crypto markets back in 2014.
The project was born as a sort of decentralized spin-off of Ripple, and in fact, the market trend of the XLM price often follows that of XRP.
Note that over the years it has had three price peaks, very close to each other.
The first, and largest, was in January 2018, when it reached the all-time high above 0.93€.
The second, after plummeting to $0.04, was in 2021, when it managed to climb back to around $0.70.
The third, after plummeting to $0.07, was at the beginning of December 2024, when it almost reached $0.57. It is still not certain that this last bullrun has ended.
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 utilize the Nansen platform to discover opportunities, perform due diligence, and optimize their strategies through dashboards and real-time alerts.
Thanks to the integration of Stellar, it will launch a growth dashboard dedicated specifically to this blockchain, to provide detailed reports on user activity, transaction trends, and the most performing applications.
Thus, through Nansen’s Growth Dashboard, users can now also monitor essential metrics on the Stellar network, such as active accounts to analyze user engagement and wallet growth, transaction volume to identify emerging activity patterns and trends, and key participants in the ecosystem to discover the key entities driving innovation and adoption within Stellar.
These analyses aim to provide usable information, helping users identify areas of growth, potential partnerships, and promising trends within the Stellar ecosystem.
The growth of the Stellar ecosystem
The Stellar ecosystem has demonstrated remarkable growth in the last six months.
For this reason, Nansen has decided to integrate it.
In particular, the active addresses on Stellar increased from about 60,000 in August 2024 to over 100,000 in January 2025, reaching the peak of 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
The CEO of Nansen, Alex Svanevik, stated:
“We are excited to integrate Stellar data, unlocking valuable insights for our users. This integration allows us to surface signals and create winners in the blockchain space, empowering investors, developers, and companies with the analytics they need to thrive”.
The Chief Product Officer of the Stellar Development Foundation, 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”.
