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

Stellar integrates on-chain analytics platform Dune

NBTCBy NBTC16/10/2024No 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 top on-chain data platform, Dune.

The Stellar (XLM) and Dune integration was announced on Oct. 15 at Meridian 2024, a three-day annual conference focused on the Stellar blockchain. This year’s conference, held in London, United Kingdom, runs between October 15 and 17.

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

You might also like: Huma secures $38m investment, eyes expansion to Solana and Stellar

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

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

Users can now get and analyze the market’s data on Stellar in terms of metrics such as total transaction volumes, network health or smart contracts interactions, Dune co-founder and chief executive officer Fredik Haga noted.

The integration will also be vital in the growth of decentralized finance applications.

“With the integration of Stellar into Dune, we’re offering the community a chance to explore on-chain data that are crucial for 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 remittances and DeFi,”

Fredik Haga

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

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

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