Arkham Intelligence has just added Solana’s blockchain data to its tools. This means users can now track and visualize a wide range of operations on the Solana network. The community has responded positively, especially considering the criticism Arkham faced a year ago.
With this integration, Arkham announced that its full set of features is available for Solana data. Users can now:
- Visualize and trace large fund movements
- Monitor profitable traders’ wallets
- Receive real-time alerts on trades
- Track on-chain trading performance over time
- Analyze profiles of top traders and investors
These tools give Solana analysts a powerful suite to work with. For example, Arkham shared a report on Solana-based meme coin traders and a visualization of one trader’s activities.
This announcement came right after Arkham uncovered a $20 million hacking incident involving U.S. Government crypto wallets. So far, the community has embraced this new development. Solana welcomed Arkham’s addition, and Arkham even shared a fun post referencing crypto investigator ZachXBT, who seemed to be eagerly awaiting this news.
Recently, Arkham has gained attention for its initiatives. In October, it announced plans to shift its business model to include a derivatives exchange. At the same time, Solana is performing well, with rising valuations and record trading volumes thanks to its Trojan bot.
Just over a year ago, Arkham faced backlash for its blockchain intelligence efforts. Now, in October 2024, experts in the crypto space are welcoming this expansion.
Blockchain data is public. This means researchers can always analyze transaction histories. However, with new tools like Arkham’s, it’s much easier to get started. The integration of Solana blockchain data can help make analysis more accessible and boost data literacy in the community.