Analytics services provide tools and platforms for examining data related to blockchain networks and digital assets. These services process vast amounts of on-chain and off-chain information to reveal trends, user behavior, and market dynamics. They assist users in making informed decisions by presenting complex data in an understandable format.
Context
The role of analytics services is growing in significance as market participants seek clearer insights into decentralized finance and non-fungible tokens. News reports frequently cite data from these services to support market commentary or investigate illicit activities. Their continued development aims to provide deeper transparency and risk assessment capabilities.
The cessation of a seven-year-old dApp analytics leader validates the acute need for sustainable, decentralized protocol revenue models in data infrastructure.
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