Crypto data tracking platform Arkham adds support for Solana
Quick Take
- The crypto data tracking platform Arkham added Solana blockchain data to its platform.
- Users can trace large fund movements from certain wallets, obtain real-time trade alerts and gain other information regarding the fifth-largest blockchain by market capitalization.
The crypto data tracking platform Arkham Intelligence added support for Solana onchain data.
Arkham now lets users trace large fund movements from certain wallets, obtain real-time trade alerts, track their own trading progress on-chain and see information about the top Solana trader and investors, the firm wrote in a Friday social media post on X.
The move allows users to track and visualize onchain data from the fifth-largest blockchain by market capitalization. Solana comes in at $79.8 billion behind BNB's $85.7 billion and Tether's $120.1 billion market capitalizations, The Block Prices shows.
In addition, Arkham noted that individuals can track top memecoin traders, which is especially pertinent after Solana became the go-to blockchain for new memecoin launches and their trading volume this year. The Global Markets Crypto Intelligence (GMCI) index for memecoins, tracking the top memecoin market capitalizations, sits at 268.92 after falling 3.83% in the past day.
The Solana blockchain's native token SOL traded at $171.81, seeing a 2.61% decrease in the past 24 hours, as of 1:17 p.m. ET (17:17 UTC), according to The Block Prices.
The Block reached out to Arkham as well as the Solana Foundation, which oversees the development of the Solana blockchain, for comment.
Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.
© 2024 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
