Nansen, a blockchain analytics platform, has partnered with the Stellar Development Foundation to offer advanced on-chain analytics for the Stellar ecosystem.
The collaboration aims to provide actionable insights to developers, investors and businesses, helping them make informed decisions within the Stellar blockchain network.
Stellar (XLM) is a decentralized network designed to enable fast and inexpensive cross-border transactions. Through this integration, Nansen’s growth dashboard will feature Stellar-specific data, including key metrics such as active account growth, trading volume, and top participants in network activity.
Blockchain analytics platforms like Nansen collect and analyze data from decentralized networks to identify patterns, trends, and opportunities. In the case of Stellar, Nansen’s platform will highlight user activity, ecosystem trends and contributions from key players, giving users a clearer view of the network’s growth and adoption .
Earlier this month, Nansen also partnered with TON Blockchain to provide enhanced analytics tools aimed at increasing transparency and providing actionable insights to developers, investors, and the broader crypto community.
Stellar’s recent growth
Stellar has shown strong growth in recent months. Active wallet addresses increased from 60,000 in August 2024 to over 100,000 in January 2025, peaking at 172,134 in November.
The network processes between 1.5 million and 2.4 million transactions daily, demonstrating its scalability. Top contributors to transaction activity include Binance, Coinbase, and native ecosystem players such as TMM and Syklo, reflecting a mix of institutional and grassroots participation.
XLM often mirrors the performance of XRP due to its common history and similar roles in the crypto industry. Jed McCaleb, the founder of Stellar, was one of the main founding members of Ripple.
