Ivan on Tech Academy provides latest insights and reports about the blockchain industry.
On-chain analysis is one of the most interesting emerging fields in crypto. Moreover, while there are many firms offering blockchain data analysis today, there are a few things that make Dune Analytics unique.
First off, Dune Analytics’s data is open and community-driven. But what separates Dune Analytics from the rest of the other on-chain analytics platforms is its focus on decentralized finance (DeFi).
If you’ve ever used on-chain analytics, then you’re familiar with having to wait for the company to choose which projects they will prepare data for. With Dune Analytics, however, you can build your own data sets. You can do this by running simple or complex queries of on-chain data through the Dune editor. This not only means more freedom of choice but also faster, and more up-to-date information than what the “closed” platforms can offer.
On-chain analysis helps users enhance their trading strategies. If you’ve...