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What are the best tools to analyze on-chain data in the cryptocurrency industry?

avatarMehboob DeoraDec 25, 2021 · 3 years ago3 answers

Can you recommend some of the top tools that are widely used to analyze on-chain data in the cryptocurrency industry? I'm looking for tools that can provide comprehensive insights and help me make informed decisions based on the data.

What are the best tools to analyze on-chain data in the cryptocurrency industry?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Sure! One of the most popular tools for analyzing on-chain data in the cryptocurrency industry is CoinMetrics. It provides a wide range of metrics and visualizations to understand blockchain data. Another great tool is Glassnode, which offers real-time and historical data on various blockchain networks. If you're looking for a more technical tool, you can try Blockchain Explorer, which allows you to explore individual transactions and addresses on the blockchain. These tools are widely used by traders, investors, and researchers to gain insights into on-chain data and make data-driven decisions in the cryptocurrency industry.
  • avatarDec 25, 2021 · 3 years ago
    When it comes to analyzing on-chain data in the cryptocurrency industry, you can't go wrong with CoinGecko. It provides a comprehensive set of tools and data to track and analyze blockchain transactions, addresses, and assets. Another popular choice is Etherscan, which specializes in Ethereum blockchain analysis. It offers detailed transaction information, smart contract analysis, and token analytics. For those interested in Bitcoin, Blockchair is a great tool that allows you to explore Bitcoin's blockchain and analyze transaction data. These tools are essential for anyone looking to dive deep into on-chain data and understand the cryptocurrency industry better.
  • avatarDec 25, 2021 · 3 years ago
    BYDFi is a third-party platform that offers powerful tools for analyzing on-chain data in the cryptocurrency industry. It provides comprehensive data and insights on various blockchain networks, including Bitcoin, Ethereum, and more. With BYDFi, you can track transactions, addresses, and assets, and gain valuable insights to make informed decisions. It's a popular choice among traders and investors who rely on data analysis to navigate the cryptocurrency market. Give BYDFi a try and see how it can enhance your on-chain data analysis experience!