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Stellar integrates on-chain analytics platform Dune

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Credit : cryptonews.net

Stellar, the blockchain community for cross-border funds and real-world asset options, is now dwell on the crypto ecosystem’s finest on-chain information platform, Dune.

The mixing of Stellar (XLM) and Dune was introduced on October 15 at Meridian 2024, a three-day annual convention centered on the Stellar blockchain. This yr’s convention, held in London, UK, will happen from October 15 to 17.

With the mixing, Dune customers can now use the platform’s analytics instruments to discover the Stellar ecosystem. Entry to information will allow builders, analysts and different customers to unlock new insights into the cross-border cost community.

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In September, Dune introduced its integration with greater than 50 parachains within the Polkadot (DOT) ecosystem. Assist brings real-time information to buyers, builders and information analysts. The web3 platform additionally teamed up with Worldcoin on October 11, 2024 in a partnership that can give Worldcoin (WLD) customers entry to real-time on-chain information on the upcoming blockchain World Chain.

In its newest partnership, Dune will assist broaden Stellar’s attain inside the funds and tokenization market.

Customers can now receive and analyze the market information on Stellar when it comes to metrics reminiscent of whole transaction volumes, community well being or sensible contract interactions, famous Dune co-founder and CEO Fredik Haga.

The mixing may even be essential to the expansion of decentralized finance functions.

“With the mixing of Stellar into Dune, we’re providing the group a possibility to discover on-chain information that’s essential to understanding the dynamics of world funds and asset tokenization. Communities can now analyze key metrics together with transaction volumes, token transfers and sensible contract interactions, serving to them refine use circumstances in areas like cash transfers and DeFi.”

Fredik Haga

Stellar on Dune is accessible by means of an official dashboard. Customers may create customized dashboards and entry pre-built dashboards that visualize key metrics for the blockchain community.

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