Blockchain data provider Nansen has announced the planned integration of a Solana dashboard to provide extensive insights to institutional and retail investors seeking to identify emerging trends in networks similar the decentralized finance (DeFi) and nonfungible token (NFT) markets.

Scheduled to commence in the start quarter of 2022, the Solana function is prepare to augment an already impressive offer of over 100 million on-chain wallet information points across leading networks such every bit Ethereum, Polygon, Fantom and Binance Smart Chain.

Nansen's pop features, such every bit Smart Coin, enable investors to recognize investments in emerging DeFi projects beyond a diverseness of investor types, while NFT Paradise and Mint Master provide tools to uncover NFT projects gaining traction in the space.

Cointelegraph spoke to Alex Svanevik, co-founder and CEO of Nansen, to proceeds exclusive insight into the implications of integrating Solana marketplace intelligence data in the rapidly emerging DeFi and NFT sectors:

"The Solana ecosystem has grown a lot this year, attracting both developers and users. This has led to Solana support condign one of Nansen's virtually requested features. So, the short answer is that we simply listen to our users."

Related: Solana secondary NFT sales reach half a billion dollars in three months

Co-ordinate to numerical information from Defi Llama, the Solana blockchain has amassed $15.27 billion in full value locked (TVL) following a seismic year of growth. On Monday, Solana's native SOL coin surpassed top 10 stalwarts Tether (USDT) and Cardano'southward ADA to secure the fourth-ranking spot per market place capitalization.

Solana's record TVL figure has been contributed to by the blockchain'south prominent leading protocols, Raydium, Marinade Finance and Serum, which record $2.08 billion, $i.86 billion and $1.85 billion in TVL, respectively.

Similarly, data from CryptoSlam reveals that Solana ranks third behind Ethereum and Ronin in a 30-day assessment of NFT sales volume, coming in just shy of $117 1000000, a consolidative menstruation for the chart.

Amid the cultural tendency in NFTs and NFT marketplaces launching on alternative blockchains to Ethereum, Svanevik also shared his expectations for the user benefit of NFT insights on Solana:

"With Nansen, Solana users will no longer have to merchandise in the dark. They'll be able to observe opportunities, perform due diligence, and defend their portfolios by receiving real-time on-concatenation alerts."