Nansen integrates with Stellar for better blockchain analytics

Nansen, a blockchain analytics platform, has partnered with the Stellar Development Foundation to offer advanced on-chain analytics for the Stellar ecosystem.

The collaboration aims to provide actionable insights to developers, investors, and businesses, helping them make informed decisions within the Stellar blockchain network.

Stellar (XLM) is a decentralized network designed to enable fast and low-cost cross-border transactions. Through this integration, Nansen’s Growth Dashboard will feature data specific to Stellar, including key metrics such as active account growth, transaction volume, and the major participants driving network activity.

Blockchain analytics platforms like Nansen collect and analyze data from decentralized networks to identify patterns, trends, and opportunities. In Stellar’s case, Nansen’s platform will highlight user activity, ecosystem trends, and the contributions of key players, offering users a clearer view of the network’s growth and adoption.

Earlier this month, Nansen also partnered with the TON Blockchain to provide enhanced analytics tools aimed at increasing transparency and delivering actionable insights for developers, investors, and the broader crypto community.

Stellar’s recent growth 

Stellar has shown strong growth in recent months. Active wallet addresses increased from 60,000 in August 2024 to over 100,000 by January 2025, with a peak of 172,134 in November. 

The network processes between 1.5 million and 2.4 million transactions daily, demonstrating its scalability. Major contributors to transaction activity include Binance, Coinbase, and ecosystem-native players such as TMM and Syklo, reflecting a mix of institutional and grassroots participation.

XLM often mirrors XRP’s performance due to its shared history and similar roles in the crypto industry. Jed McCaleb, Stellar’s founder, was a key founding member of Ripple.