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Home»Bitcoin»Nansen extends its analytics to Bitcoin L2 with Bitcoin L2 Integration

Nansen extends its analytics to Bitcoin L2 with Bitcoin L2 Integration

Bitcoin By Gavin11/11/2024
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Nansen’s cryptocurrency analytics platform is expanding into Bitcoin by partnering with Bitlayer, the Bitcoin layer-2 network (L2). 

Nansen launches Bitcoin (BTCBy delivering analytics services to Bitlayer (an L2 network that supports smart contracts, decentralized applications and Bitcoin DApps), a company that provides blockchain-based data analysis.

Bitlayer, the first Bitcoin L2 Network supported by Nansen will provide its users with access to analytical tools that are designed to accelerate and support its growth.

Nansen’s first foray in the BTC layer-2 eco-system

Nansen announced to Cointelegraph that it is its first venture into the Bitcoin L2 Ecosystem.

Nansen, a company that supports Bitlayer, plans to establish a basis for more in-depth Bitcoin L2 understanding and better decision making.

“By extending our analytics capabilities to Bitlayer, we aim to support its users and drive further adoption within the BTC L2 landscape. This aligns with our mission to surface the signal and create winners,” Nansen CEO Alex Svanevik said.

Announcement of Nansen Bitlayer’s partnership. Source: Nansen

Nansen’s onchain expertise will give Bitlayer community insights. This knowledge can help developers, users, and investors better understand the dynamics of networks and find opportunities.

“This collaboration strengthens our commitment to building an open, data-driven environment on Bitcoin that supports innovation and growth across decentralized applications and services,” Hu noted.