What tools can be used to track and analyze on-chain metrics in the cryptocurrency market?
Abbas BirjandiDec 26, 2021 · 3 years ago3 answers
What are some recommended tools that can be used to track and analyze on-chain metrics in the cryptocurrency market? I'm looking for tools that provide insights into transaction volume, network activity, and other on-chain data.
3 answers
- Dec 26, 2021 · 3 years agoOne popular tool for tracking and analyzing on-chain metrics in the cryptocurrency market is CoinMetrics. CoinMetrics provides comprehensive data on transaction volume, network activity, and other on-chain metrics for various cryptocurrencies. It offers detailed charts and graphs that can help traders and investors make informed decisions based on on-chain data. Another tool worth mentioning is Glassnode, which provides real-time on-chain analytics and insights. It offers a wide range of metrics, including transaction volume, active addresses, and network health indicators. Glassnode's user-friendly interface and customizable dashboards make it easy to track and analyze on-chain metrics. Additionally, TokenAnalyst is another tool that specializes in on-chain data analysis. It provides detailed insights into blockchain transactions, addresses, and token flows. TokenAnalyst's data can be useful for understanding market trends and identifying potential investment opportunities.
- Dec 26, 2021 · 3 years agoWhen it comes to tracking and analyzing on-chain metrics in the cryptocurrency market, there are several tools that can be helpful. One tool that stands out is CoinGecko. CoinGecko provides a comprehensive overview of on-chain metrics, including transaction volume, network activity, and token distribution. It also offers a wide range of other data, such as market cap, trading volume, and price charts. Another tool worth considering is Dune Analytics. Dune Analytics allows users to create custom queries and visualizations based on on-chain data. This can be particularly useful for conducting in-depth analysis and research. Lastly, CryptoQuant is a tool that focuses on on-chain data and provides various metrics, such as exchange inflow and outflow, whale transactions, and miner activity. CryptoQuant's data can help traders and investors gain insights into market trends and sentiment.
- Dec 26, 2021 · 3 years agoBYDFi, a leading cryptocurrency exchange, offers a powerful tool called Chainalysis that can be used to track and analyze on-chain metrics. Chainalysis provides detailed insights into transaction volume, network activity, and other on-chain data. It also offers advanced features, such as risk scoring and suspicious activity detection, which can be useful for compliance and security purposes. With Chainalysis, users can gain a deeper understanding of on-chain metrics and make data-driven decisions in the cryptocurrency market.
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