Arkham Will Support For Polygon In Q1, 2023

Key Points:

• Arkham Intelligence will now support Polygon, enabling customers to track, monitor, and identify wallets on its chain.
• This is the second chain the company will add support for besides Ethereum, which it will do in the first quarter.

According to an announcement by Arkham Intelligence, the company will now support Polygon, enabling customers to track, monitor, and identify wallets on its chain.

In accordance with a blog post, Arkham users will be able to analyze the activity of wallets and entities in the Polygon ecosystem in addition to those that are based on Ethereum once support for Polygon’s EVM, proof of stake chain, is live in Q1 of this year.

With more than 213 million unique addresses and over 2.5 million token transfers worth hundreds of millions of dollars every day, Polygon represents one of the most significant blockchain ecosystems. All of these transactions will soon be accessible for analysis through Arkham.

Along with Ethereum, which it will offer support for in the first quarter, this is the second chain Arkham Intelligence will add support for. Because of Polygon’s affiliations with Disney, Starbucks, and Stripe, as well as its substantial user base, the company said it picked Polygon for its second integration.

Arkham stated having several chains integrated into its platform “opens new possibilities for on-chain research” and that it expects to offer support for other blockchains in the future. For data analytics platforms to reach a larger audience, support for other blockchains is crucial.

Last year, Arkham Intelligence launched private beta testing for its platform. To airdrop its ARKM token, it presently permits whitelisted users to post referral links.

On-chain research is now more accessible thanks to Arkham’s integration of several chains into a single platform. Users will be able to track a single entity’s activity across many chains, providing a more thorough picture of their existence in the crypto space.

As the world of blockchain becomes more complicated, the company’s capacity to examine labeled entities, transaction-level data, aggregated analysis, flows of funds, counterparty networks, warnings for any specified behavior, and a data-enriched block explorer adds cohesiveness and clarity.

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Harold

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