Arkham Intelligence, a blockchain ecosystem analytics firm, has announced that it will now provide access to data on the Polygon network. The firm says that users will be able to track, monitor and identify wallets on the chain. Arkham added that it selected Polygon because of the ecosystem’s popularity and the blockchain’s ties with leading brands like Disney and Starbucks. That’s not all- in the near future, the company intends to expand to support additional blockchains.
What makes Polygon a great choice for Arkham Intelligence?
Arkham’s capabilities include the analysis of labeled entities, transaction-level data, aggregated analysis, flows of funds, warnings for any suspicious activity, counterparty networks and a data-enriched blockchain explorer. All of these capabilities contribute to its deep-rooted presence in the global blockchain ecosystem. The company’s multi-chain support will allow consumers to see a more comprehensive picture of a given crypto asset by enabling them to track its actions across various networks.
The first quarter of 2023 will see Arkham Intelligence provide support for not only Polygon, but also Ethereum. The company is also launching a referral program. The rollout of the program will follow the public unveiling of the $ARKM token network. The company will use the token to pay out referral bonuses to beneficiaries’ preferred wallets. Each new subscriber acquired via a user’s referral link will earn that user a commission.
It is notable that Arkham has integrated the top two blockchains in terms of DeFi TVL. Polygon, for instance, has over 213 million addresses and posts over 2.5 million token transfers daily. Therefore, the latest integration is a strategic move, coming at a time when investors are thirsty for a reliable and holistic view of the crypto ecosystem following several collapses.
If data analytics firms want to reach larger audiences, they need to integrate support for more blockchains. Arkham provides a system for tracking and identifying individual wallet activities across different blockchain ecosystems. In addition, it offers a special visualiser that reveals the interconnectivity of users’ wallets. The firm seeks to keep providing users with unique insights into Web3 activities and crypto ecosystem interactions.