Traders and crypto-enthusiasts need access to updated information and topical analysis to make informed investment decisions.
With the available analysis services, the decision can be difficult.
Some platforms provide in-depth data on futures, while others focus on wallet analysis and decentralized finance (defi).
CoinTeleGraph explores several crypto analysis services that can be useful for investors, traders, analysts and other crypto market participants.
Dune Analytics
Dune Analytics is a platform suitable for users with any level of experience. It provides access to a wide variety of blockchain data.
Dune Analytics can be used for different purposes, including the detection of cryptocurrency prices, trading volumes and other market indicators, analyzing the activity of smart contracts and observing decentralized application activity.
It also allows users to set up pre -defined widgets to visualize blockchain data. These widgets can be used to create maps, graphs and other representations of visual data sets.
The most attractive feature of this platform is the dashboards that users can create. Any trader can search for a dashboard through labels or keywords.
Dune differs from other platforms, because it does not strive to be an omniscient service. Instead, the platform rewards its users for creating and improving dashboards.
Especially valuable is the tool to locate the top 1,000 eater wallets, which provide important information to investors and specialists in different fields.
Dune’s basic features are free, making the service accessible to everyone. For those who need more advanced features, Dune plus $ 349 per month – a competitive price compared to other analysis platforms.
Arkham Intelligence
Arkham is a cryptanalytics platform that works to analyze and analyze transactions on the blockchain, and systematically link it to real organizations and individuals. The project consists of two main components: its intelligence platform and the Arkham Intel Exchange.
The intelligence platform uses artificial intelligence to scale its data analysis.
The Arkham Intel Exchange uses a rewards and auction system where addresses and transactions can be traded using Arkham’s indigenous currency, Arkham (Arkm).
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Users can receive Arkham checks in two ways: for completing tasks that are useful for the Arkham community, and if they store or pay in Arkm, they receive a discount of up to 20% for payments within the Arkham system.
The platform also has Arkham Visualizer, a analysis tool that offers graphic representations of transactions.
This feature is for those who want to move away from a list view and prefer a more visual approach to understand assets dynamics. It can also visualize the transaction network for a specific sign.
Glass knot
Glass node, released in 2018, is another analytical tool for the cryptocurrency market. In addition to price cards and transaction volumes, the platform provides an extensive range of term cards for Ether and Bitcoin (BTC).
Glass node opens data such as leverage parameters, the number of long and short positions and the payout percentage trades.
The platform has many other market research cards, such as network activity, number of addresses and investor sentiment.
Glass node publishes detailed cryptocurrency reports and releases its own blockchain network analysis each week to judge the market situation.
An additional feature is a notification system for users who want to know about market changes.
Glass node has two rates: a free level for beginners who want basic cryptocurrency cards and a professional level for $ 833.33 per month.
Nansen
Nansen combines Onchain data with a large database of millions of wallets.
Users can perform an in -depth analysis of specific signs, including weekly transactions on decentralized exchanges, recent Dex’s transactions and analyzing the largest transactions.
Nansen analyzes more than 70 million tokenized wallets, giving a complete image of drawing movements.
Nansen stands out on his ability to turn complicated blockchain data into understandable analytical insights.
The platform allows users to monitor wallets and analyze trading patterns to find profitable trades. Recently, Nansen expanded its functions by adding a ‘research’ portal with detailed market research.
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The most important disadvantage of the Nansen platform is its complexity, which can meet newcomers, although it tries to simplify the user experience with each update.
A further disadvantage is that access to Nansen’s advanced functions can be expensive ($ 999 per month), which can keep it out of reach for many beginner investors or people looking for more budget -friendly options.
Dune seems to be an unbeatable choice for those who want to analyze projects and blockchain activity in depth, given the powerful analytical abilities. Arkham stands out on his ability to detect fraudulent schemes, while Nansen excels to analyze large investor behavior and market trends. Glass node offers extensive analysis and social interaction functions.
This article does not contain investment advice or recommendations. Each investment and trade movement involves risk, and readers must do their own research when making a decision.
This article is for general information purposes and is not intended to be considered legal or investment advice. The views, thoughts and opinions expressed here are the author alone and do not necessarily reflect the views and opinions of Cointelegraph.
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No legal, tax, investment, or financial advice should be inferred from these pixels. We’re not fortune tellers or stockbrokers, just passionate crypto enthusiasts sharing our knowledge.
And just like that rollercoaster ride in your favorite DeFi protocol, past performance isn’t a guarantee of future thrills. The value of crypto assets can be as unpredictable as a moon landing, so buckle up and do your due diligence before taking the plunge.
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