Arkham Solana integration brings advanced analytics to users

Arkham Intelligence added Solana's blockchain data to its tools. Users can now track and view on-chain Solana operations.

This news has been warmly welcomed by the community compared to the harsh criticism of a year ago.

The addition of Arkham Solana

On-chain analytics firm Arkham Intelligence recently announced that it has integrated Solana's blockchain data into its tools. In short, Arkham states that a “complete feature set” is available for Solana data. In a separate social media post, Arkham detailed some of these features:

“Solana users can now use Arkham to view and track large financial transactions and wallets of profitable traders, receive trade announcements made by Solana users in real time, track trade performance over time on the chain, track profiles of top traders and investors on Solana,” the post stated. .

In other words, private Solana analysts have a whole new set of sophisticated tools to work with. Arkham has demonstrated several examples of these tools in action, such as a Solana-based custom report on meme coin traders or a convenient view of a single trader's activities.

Read more: What is Solana (SOL)?

This announcement comes a day after Arkham discovered a $20 million hack of US government crypto wallets. So far, the community has responded positively to this development: Solana welcomed Arkham's newest addition, and Arkham crypto sleuth ZackXBT retweeted the long-awaited development in a funny post.

Arkham Intelligence has grown in popularity with several axes of late. It has announced plans to significantly redesign its business model by launching an initial exchange this October. Solana excels in many areas as well, breaking records for top ratings and Trojan bot trading.

Overall, this looks like a positive development for the cryptocurrency space. A little over a year ago, Arkham's efforts to leverage blockchain data drew heavy criticism from some members of the community. In October 2024, however, various crypto experts warmly welcomed this massive expansion.

Read More: Solana (SOL) Price Prediction 2024/2025/2030

Blockchain data is not anonymous, and dedicated researchers can always analyze public transaction histories. But with new tools like this, the barrier to entry is much lower. Arkham's inclusion of Solana blockchain data will help democratize the world of analytics and increase data literacy in the community.