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TRON Network integrated with Token Terminal

BlockworksBlockworks2024/06/18 15:23
By:Blockworks

Token Terminal’s Data Partnership is a comprehensive on-chain data analytics service for L1s, L2s, and app-chains

TRON DAO has collaborated with Token Terminal, integrating the TRON network’s data into Token Terminal’s sophisticated suite of data analytics tools. This collaboration promises to transform the way investors and analysts access and leverage TRON’s data.

Token Terminal’s Data Partnership is a comprehensive on-chain data analytics service for L1s, L2s, and app-chains. It involves running nodes for a partner’s chain, making its data available in raw, decoded, and standardized formats across Token Terminal’s platforms and products, including the Terminal Pro , API , and Data Room . 

Additionally, the partnership extends to cover qualitative aspects of the TRON network, including detailed research articles and regular podcast updates, enriching the data with deeper, contextual insights into the network.

Oskari Tempakka, Head of Growth at Token Terminal, commented on the increasing demand for TRON network data: “At Token Terminal, we’ve observed a growing interest towards TRON among our institutional clients. The TRON network consistently ranks at the top for on-chain user activity, and holds a dominant lead in stablecoin transactions across all of crypto. We’re excited to offer our users the ability to delve deeper into the on-chain activity that’s driving TRON network’s growth and adoption.”

With the integration of TRON network’s data into Token Terminal, users gain access to a wide array of powerful data analytics tools. Key features include:

  • Standardized financial and alternative metrics: Conduct in-depth due diligence through the analysis of key financial and alternative metrics on the TRON network.
  • Comparative performance analysis: Compare TRON’s performance against other blockchain projects, to gain valuable insights about the network’s positioning.
  • Trending contracts: Analyze the top 1,000 trending contracts on TRON to uncover insights about the most dominant market sectors, projects, and smart contracts in the ecosystem.
  • Trending wallets: Track trending wallets on TRON to better understand the type of accounts that drive usage on the network.
  • User retention: Easily assess TRON network’s user retention rates and benchmark them against other major blockchains.
  • Stablecoins: Analyze key stablecoin statistics across the TRON network and compare it among other major blockchains.

Dave Uhryniak, Ecosystem Lead at TRON DAO, commented on the integration, “This collaboration with Token Terminal marks a significant step in elevating TRON’s visibility and accessibility. The comprehensive data analytics provided by Token Terminal will enable a deeper understanding of TRON’s network and its strategic position in the blockchain industry. We are excited to see how this integration will enhance TRON’s engagement with the broader crypto community and contribute to our network’s growth.”

With this partnership, TRON network’s data is now also accessible through Token Terminal’s ‘ Crypto Fundamentals ’ application on the Bloomberg Terminal App Portal.

In addition, Tronix (TRX), the native utility token of the TRON network, is eligible to be included in the MarketVector™ Token Terminal Fundamental Index Suite – a first-of-its-kind fundamentally-weighted basket of crypto assets that offers investors exposure to multi-token baskets, weighted based on economic traction.

For additional details on this partnership, and to explore the range of data products offered by Token Terminal, please visit tokenterminal.com.

This content is sponsored by TRON and does not serve as an endorsement by Blockworks. The veracity of this content has not been verified and should not serve as financial advice. We encourage readers to conduct their own research before making financial decisions.  

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    Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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