If trying to leverage your favorite blockchain network’s billions of on-chain data points seems like a lot of work, there’s a platform that makes it possible, and this Nansen review will give you the key information you need to use it effectively .
Nansen’s goal is to be the premier location for smart data and deep analytics. The platform offers tools to help you discover the next big coin, track “smart currency” transactions, and even explore the NFT ecosystem in detail in ways you never imagined. Let’s get into the details.
What is Nansen?
Nansen is a cutting-edge blockchain data analysis platform using advanced technology AIor artificial intelligence to instantly and efficiently transform crypto trading raw material into clear insights for crypto enthusiasts. The platform collects large amounts of on-chain data from multiple networks simultaneously, then transforms, organizes and interprets it through user-friendly dashboards.
The service was launched with a focus on transparency and aims to take the guesswork out of labeling walletidentifies high-value traders and provides signals that highlight emerging opportunities.
Nansen also offers highly specialized tools such as Wallet Profiler, NFT Paradise and Smart Money Tracker. These features are designed to help you analyze every move of top traders and see corresponding changes in trading volume and price movements.
Taken together, these features can also help you spot promising coins before they attract mainstream attention, analyze how top traders operate, and see changes in trading volume or price movements. Whether you’re into gaming projects, NFT market activity, or token analysis, Nansen has the tools to help streamline the entire process. The platform remains focused on providing in-depth data coverage to traders looking for a competitive edge.
How to use Nansen?
Getting started with Nansen includes setting up an account, selecting a subscription level, and connecting your preferred wallet or network for analysis. Once inside, you’ll find a dashboard showing detailed metrics on coin movement, wallet tags, and transaction history. If you are curious about certain entities or projects, you can search by name, token symbol, or wallet address.
Nansen’s interface focuses on clarity. You’ll see charts and tables that highlight key data points, as well as filters to drill down to just what you need. For example, you can track the performance of certain coins over time or see where top traders are reallocating their funds. Features like NFT God Mode reveal deeper insights into your collection, allowing you to quickly view minting dates, sales trends, and floor changes.
How to follow Smart Money?
One of Nansen’s standout features is its ability to track “smart money,” a term that refers to wallets believed to belong to highly successful traders, early investors, or influential entities. By checking these wallet tags, you can see how experienced professionals allocate funds, spot new coins before they surge, or monitor exits of large positions in certain markets. This level of transparency is designed to separate noise from meaningful trends, giving you a data-driven perspective on where the cryptocurrency market is headed.
When you open Nansen’s Smart Money dashboard, you’ll find a set of tabbed addresses that contain transaction history, recent token swaps, and overall portfolio changes. You can check how often they move money and whether they acquire or sell specific assets. The platform’s system identifies top performers by analyzing historical performance and on-chain activity. For example, if a well-known wallet suddenly purchased a lesser-known coin, Nansen’s alert could signal a potential opportunity.
By using Smart Money tools, you are essentially replicating the research of committed traders with detailed market knowledge. It doesn’t guarantee success, but it can provide valuable clues for your own trading and investing decisions.
Nansen products and features
For those interested in on-chain fund flows, Smart Alerts can notify you when a specific wallet or token meets criteria you set, much like a whale buying a new token. If you want to track individual cryptocurrency performance, Nansen’s portfolio dashboard consolidates your holdings across multiple chains, allowing you to view gains, losses, and asset allocation in one place.
The Wallet Analyzer tool allows you to check transaction history, token balances, and movement patterns of individual addresses. Meanwhile, NFT Paradise conducted an in-depth study of the NFT series, highlighting trading volumes, floor prices, and trends that can guide buying and selling decisions. Another highlight is the NFT God Mode, which digs deeper into a project’s historical data and user engagement metrics.
Nansen Subscription Package
Free planning
- Smart search of on-chain data driven by artificial intelligence
- Basic on-chain signals for major market trends
- Basic wallet and entity analysis to view holdings and activity
- Basic Token and NFT Analysis for Spotting Trends
- Personalization features provide a more customized experience
- View multi-chain ecosystem performance across various crypto protocols
- Manage up to 45+ EVM and non-EVM chains through Nansen Portfolio
Vanguard Project – $99/month (accepts cryptocurrencies)
- Everything is free, plus:
- Nansen tags more than 300 million addresses on more than 10 chains
- Deeper insights into smart money trading, trends and portfolio movements
- Enhanced on-chain signaling, including refined signal filters
- High-level analysis of wallets, entities, tags and segments
- Expanding access to token and NFT analytics
- Further personalization functions optimize use
- Advanced table filtering by custom tags, segments and Smart Money
Professional Plan – $999/mo (accepts cryptocurrencies)
- Everything about Pioneer, plus:
- Get full access to every Nansen feature for comprehensive insights
- Infinitely personalized Nansen experience
- Institutional-grade research on key cryptocurrency trends and on-chain data
- Download CSV data for deeper analysis
- Be the first to experience newly released products and features
- Dedicated Customer Success Manager provides priority support
- Multi-seat discounts are available for groups of five or more
- Annual subscribers can join the Alpha community to receive exclusive benefits
Is Nansen legal and worth it?
The platform’s transparent way of labeling wallets and interpreting data has earned it a loyal user base among retail traders and professional investors. Many appreciate the depth of information, while others discover new insights that would otherwise be buried in the original blockchain record.
Whether Nansen is worth it ultimately depends on your trading and research style. If you value real-time signals on emerging tokens, real-time tracking of whales, or in-depth NFT market analysis, you may find it very valuable. If cost itself might be a barrier, then promo codes can help Reduce the cost of your subscription Nearly a quarter.
FAQ
What is smart money?
Smart money refers to the wallet addresses of investors, funds, and entities identified as prominent or influential in the cryptocurrency space. Through in-depth analysis of their trading habits, Nansen helps you track market movements and discover new opportunities that are often missed by casual observers.
What is Nansen No. 2?
Nansen 2 is an updated version of the platform with an enhanced dashboard, faster data processing and refined wallet tabs. It is designed to provide more detailed insights, covering additional chains and extended features designed to improve user experience and data accuracy.
How to get wallet tag?
Nansen’s system automatically assigns wallet tags based on on-chain behavior and transaction history. This means that users do not create these tags, they are created by the Wallet Profiler tool. If you subscribe, you can use these tags to help you identify whales, comminicateor other big players in the market.
Can I use Nansen for free?
While Nansen has a free version, its visibility and tracking capabilities are relatively limited and are more about mastering how various features work than ongoing free use. Try the free version and upgrade at a discount when you’re ready Promo code 23% off.
Nansen: Save 23% with promo code
