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Nansen Announces Integration with Celo Data Analytics

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A leading blockchain data analytics platform, Nansen, has announced integration with Celo, a fast-growing EVM-based Layer-1 Proof-of-Stake network. This integration makes Celo network information more accessible on the Nansen platform, allowing users to browse through top-performing DeFi protocols and NFT launches on Celo, as well as acquire a better understanding of the Celo blockchain ecosystem overall.

Alex Svanevik, Co-Founder and CEO of Nansen, said, “We constantly strive to provide insightful multi-chain data to our users, and we’re thrilled to support Celo’s thriving and uniquely mobile-first ecosystem.”

Celo is an EVM-based Layer-1 Proof-of-Stake network whose stated purpose is to promote prosperous conditions for all. Celo intends to accomplish this by marketing itself as a mobile-first blockchain, utilizing Plumo, an ultra-light blockchain client that is 1.7 million times faster than other clients and is optimized for mobile consumers. There are 6 billion smartphone users on the planet, and many of them lack access to a bank account or a reliable asset such as the US dollar. Celo overcomes this problem by including in the protocol a unique phone-identity solution that allows users to transmit and acquire resources via mobile numbers as wallets.

Yaz Khoury, Developer Relations, cLabs, said, “We are very excited to be partnering with a leading blockchain data analytics platform like Nansen, and we believe this integration will allow us to have greater insights into the Celo network and ecosystem.”

Nansen’s cutting-edge blockchain analytics technology enhances on-chain data with over 100 million wallet labels across Ethereum, Polygon, Fantom, Binance Smart Chain, and now Celo, giving users real-time visual dashboards to spot opportunities and emerging trends in the Celo ecosystem. Nansen’s breakthrough technology enables traders, hedge funds, institutional investors, and venture capitalists with actionable insights into the crypto markets by combining sophisticated on-chain data with divergent market signals.

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