Nansen Partners with Stellar to Enhance Blockchain Analytics

Nansen, a prominent blockchain analytics platform, has partnered with the Stellar Development Foundation to enhance blockchain analytics for the Stellar ecosystem. This collaboration will integrate Nansen’s Growth Dashboard into the Stellar network, offering valuable on-chain insights for developers, businesses, and investors. The aim is to provide a more detailed and actionable understanding of the Stellar blockchain’s activity, with key metrics like active account growth, transaction volume, and the major participants driving the network’s activity.

Stellar, which is known for its focus on fast and low-cost cross-border transactions, will benefit from Nansen’s data analytics capabilities. By analyzing and visualizing trends in user behavior, ecosystem development, and key contributors, Nansen will provide clearer insights into how the Stellar network is growing and being adopted. This integration is expected to help participants in the Stellar ecosystem make more informed decisions, as it highlights crucial factors that influence the network’s performance and health.

In addition to its partnership with Stellar, Nansen recently collaborated with the TON Blockchain to further expand its analytics tools and promote transparency in the crypto space. These partnerships reflect Nansen’s ongoing strategy to provide actionable insights across multiple blockchain ecosystems.

Stellar’s Recent Growth

Stellar has experienced notable growth, especially in the last few months. Active wallet addresses on the network rose significantly, from 60,000 in August 2024 to over 100,000 in January 2025, with a peak of 172,134 addresses in November. The network also processes a substantial volume of transactions, ranging between 1.5 million and 2.4 million daily, showcasing its scalability.

Key contributors to this growth include major exchanges like Binance and Coinbase, as well as ecosystem-native players such as TMM and Syklo. This diverse participation—spanning institutional entities and grassroots projects—reflects Stellar’s appeal to a wide range of users and developers.

XLM and XRP

Given their shared history and similar roles within the crypto sector, Stellar’s XLM token often mirrors the performance of XRP, the native token of Ripple. Both networks were co-founded by Jed McCaleb, who played a pivotal role in Ripple’s early development before creating Stellar. As a result, trends in the performance of XRP can have a significant influence on XLM’s price and adoption patterns, further cementing the connection between the two projects.

In conclusion, the Nansen-Stellar partnership is set to provide enhanced analytics for Stellar’s growing ecosystem, helping developers and investors navigate the network’s evolving landscape. Stellar’s recent growth, bolstered by increased wallet addresses and robust transaction volumes, positions it as a major player in the blockchain space, especially for cross-border payments. The added transparency and insights from Nansen’s platform will likely contribute to further adoption and informed decision-making within the Stellar network.