Nansen partnered with Aptos for a dashboard with 2x chain users in 6 months.
Leading blockchain analytics provider Nansen has partnered with Aptos to bring onchain analytics and data to the blockchain ecosystem.
The new partnership aims to empower Aptos users and investors with onchain analytics tools to further expand growth and identify the most trending ecosystem areas.
Nansen's new Aptos Growth Dashboard provides key insights into the health of the network, including active addresses, transaction volumes, daily deals and the five biggest components in the ecosystem.
In an announcement shared with Cointelegraph, Nansen CEO Alex Svanevik called Aptos “the fastest parallel blockchain.” wrote:
We are excited to partner with Aptos, the fastest parallel blockchain, to deliver comprehensive onchain data and analytics to their rich ecosystem. This collaboration empowers investors, developers and crypto teams with the tools they need to delve deeper into the Aptos ecosystem.
Blockchain analytics tools like Nansen make the cryptocurrency industry more transparent and public, which is in line with the original Bitcoin (BTC) and decentralized technologies.
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Aptos active users double in six months
In the year In 2024, the Aptos network experienced significant growth, with active addresses doubling, from over 77,000 on January 16 to over 186,000 active users on July 8.
Nansen analyst Edward Wilson told Cointelegraph: The active user base will double due to several factors.
“As a novel layer-1 blockchain supported by innovative technology such as the Move programming language, Aptos stands out from the crowd, which is reflected in the rapid growth of the ecosystem.”
Aptos reported a record high of over 117 million transactions in a single day in May, surpassing Solana's daily transaction volume of 31.7 million transactions.
The previous daily record among Layer-1 blockchains is held by the Sui network, which has completed 65 million transactions in a single day.
Related: Institutions More Bullish on Ether than Retail Ahead of ETH ETF Launch
Aptos and Coinbase simplify Web3 onboarding for mass adoption
Aptos is among the blockchain networks seeking to ease the Web 3 onboarding process, which is considered a major barrier to mass crypto adoption.
In early July, Aptos launched a web-hosted keyless wallet app that uses ZK-proofs to authenticate users. The new “Aptos Connect” allows users to connect to decentralized applications using a simple Google login without the need for hardware security modules or complex pedigrees.
Popular crypto exchange Coinbase Web3 has launched a smart wallet with beginner-friendly features to ease onboarding.
According to Coinbase Senior Director of Engineering, Chintan Turakia, the industry needs to remove friction points to reach the next billion users and the onboarding process is key.
Speaking exclusively to Cointelegraph at EthCC, Turakia said:
If our goal is to bring in the next billion users—and let's start with just 100 million—we need to iron out all of these friction points.
Some of the more pressing points of friction include setting up a complex seed-level wallet, paying transaction fees, and buying blockchain-native tokens to trade on the network.
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