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Arkham Expands Blockchain Tools with Solana Integration, Gains Community Support

26.10.2024 22:00 1 min. read Kosta Gushterov
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Arkham Expands Blockchain Tools with Solana Integration, Gains Community Support

Arkham Intelligence has recently expanded its analytical toolkit to include Solana's blockchain, allowing users to track, visualize, and analyze Solana-based transactions in real-time.

This upgrade marks a significant shift in the company’s reception; last year, Arkham’s approach to blockchain intelligence sparked criticism, but the latest Solana addition has been warmly embraced by the crypto community.

With this update, Arkham users now gain a comprehensive suite of tools to monitor large transactions, follow top traders’ activities, and set real-time alerts for Solana-based movements. Arkham showcased several features, such as reports on popular Solana meme coin trades and detailed visualizations of specific traders’ histories.

The announcement comes shortly after Arkham reported a $20 million hack on U.S. government crypto wallets, further establishing Arkham’s growing role in blockchain intelligence. Additionally, Arkham recently revealed its upcoming shift towards operating a derivatives exchange, while Solana has continued to thrive, recently breaking trading volume records with its Trojan bot.

This development underscores the importance of accessible blockchain data. By integrating Solana’s data, Arkham aims to democratize blockchain analysis, making it easier for analysts and traders to engage with on-chain insights and enhance data literacy across the crypto ecosystem.

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