Yigit Taha OZTURK 
The cryptocurrency analytics platform Nansen has decided to expand beyond Ethereum and enter the Bitcoin ecosystem. This move is made possible through a collaboration with Bitlayer, a Bitcoin Layer-2 (L2) network. Nansen will begin providing its analytics services on Bitcoin’s first L2 network. As an L2 network supporting smart contracts and decentralized applications (DApps) on Bitcoin, Bitlayer will grant access to Nansen’s analytics tools.
This partnership marks Nansen’s first entry into the Bitcoin Layer-2 ecosystem. Nansen CEO Alex Svanevik stated to Cointelegraph that this collaboration aims to establish a foundation for deeper insights and more efficient decision-making within the Bitcoin L2 ecosystem.
Svanevik stated, “By expanding our analytics capabilities to Bitlayer, we aim to support its users and further accelerate adoption in the BTC L2 ecosystem. This aligns with our mission to surface signals and create winners.”
Charlie Hu, Bitlayer co-founder, highlighted that Nansen’s expertise in on-chain data will significantly contribute to the Bitlayer community by helping them better understand network dynamics and identify opportunities. Hu stated, “This collaboration strengthens our commitment to building an open, data-driven environment on Bitcoin. This environment will foster innovation and growth for decentralized applications and services.”
By offering Nansen’s powerful analytics tools to its users, Bitlayer is taking a crucial step toward fostering growth and innovation within its ecosystem. This partnership will play a critical role in advancing Bitcoin’s Layer-2 development and reaching a broader user base.
You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.