Nansen scales analytics beyond Ethereum with Bitcoin L2 integration

Cryptocurrency analytics platform Nansen is broadening its capabilities beyond Ethereum by moving into Bitcoin through a collaboration with the Bitcoin layer-2 (L2) network, Bitlayer. Nansen is debuting Bitcoin (BTC) analytics services by providing blockchain data analytics to Bitlayer, an L2 network supporting wise contracts and decentralized applications (DApps) on Bitcoin.As the first Bitcoin L2 network to be supported by Nansen, Bitlayer will use its users access to analytics tools created to accelerate and support growth in its ecosystem.Nansens foray into the BTC layer-2 ecosystemAnnouncing the news to Cointelegraph, Nansen noted that the partnership marks its venture into the Bitcoin L2 ecosystem.By supporting Bitlayer, Nansen plans to build a structure for much deeper Bitcoin L2 insights and more effective decision-making, the business stated.”By extending our analytics abilities to Bitlayer, we intend to support its users and drive more adoption within the BTC L2 landscape. This aligns with our objective to emerge the signal and produce winners,” Nansen CEO Alex Svanevik said.Nansens Bitlayer collaboration announcement. Source: NansenAccording to Bitlayer co-founder Charlie Hu, Nansens knowledge in onchain data will assist Bitlayers community with insights, allowing users, investors and developers to better understand network characteristics and recognize chances.”This partnership enhances our commitment to constructing an open, data-driven environment on Bitcoin that supports innovation and growth across decentralized applications and services,” Hu noted.