Some Useful Tools for On-chain Analysis

in LeoFinance2 years ago (edited)

The past year has been an eventful one for the crypto community. The crypto community has seen a significant adoption, the launch of a number of new projects, and a lot of challenges including the collapse of popular projects which made many investors lose hope in crypto investment.

Credit

Despite these challenges, There are still promising projects that are making waves in the crypto space. The Ethereum and Bitcoin Blockchain networks remain the most active blockchain platforms in the world, with a wide range of applications being built on top of the Ethereum network. There are still other numerous blockchain networks, in this post, we will discuss some of the tools you can use to do a chain analysis on any of the blockchain-based projects, especially BTC and ETH.

One area that has seen a lot of activity in recent months is on-chain analysis. This is the process of analyzing a particular blockchain-based project in order to understand how it works and to identify trends and patterns.

There are a number of different tools and services that offer on-chain analysis, and in this blog post, we'll take a look at some of the most popular ones.

Glassnode is One of the most popular onchain analysis tools for blockchain, with glad node, you can get a lot of information about a blockchain network. This help investors get the needed information to make their decisions

EtherScan.io is a popular block explorer for the Ethereum blockchain. It provides a range of features that make it useful for on-chain analysis, including charts and graphs, and the ability to export data.

EtherScan is also home to a number of other tools, including an ERC20 token tracker and an ETH/USD price chart.

coinmetrics.io is a service that provides a range of data and analytics tools for the cryptocurrency markets. It offers a range of features for on-chain analysis, including charts and graphs, and the ability to export data.

Coin Metrics is also home to a number of other tools, including a BTC/USD price chart and a number of different market data tools.

Blockchain.info is one of the oldest and most well-known block explorers. It provides a range of features for on-chain analysis, including charts and graphs, and the ability to export data.

Blockchain.info is also home to a number of other tools, including a BTC/USD price chart and a number of different market data tools.

These are just a few of the many tools and services that offer on-chain analysis. In the coming months, we expect to see even more activity in this area, as more people begin to realize the potential of on-chain analysis.

Posted Using LeoFinance Beta

Posted Using LeoFinance Beta

Sort:  

I have heard very positive things about chain analysis, somehow identifying trends and patterns is the key to having effective entries. Thanks @salamdeen for sharing this kind of content.