“[Pump Fun is] a huge success; I don’t think we can call it anything less,” Nicolai Søndergaard, a research analyst at blockchain analytics firm Nansen, told Unchained. “I have a lot of people now reaching out to me, who I haven’t spoken to in a while, and they’re suddenly talking about, ‘Hey, we found this thing called Pump.Fun’ or ‘Hey, we see this meme, should we do something?’”
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Similarly, Nicolai Søndergaard, a research analyst at blockchain analytics firm Nansen, discussed Gen Z’s crypto-friendly financial mindset in a research report published Monday. “Generation Z [was] raised during periods of economic instability, faced with rising living costs, and immersed in a digital-first environment [and so] many Gen Zers are adopting a mindset some describe as financial nihilism—a skepticism toward traditional financial systems and a focus on immediate outcomes over long-term planning,” Søndergaard wrote.
Read More -->As for why BONK is seeing larger trading volumes than these top-10 tokens by market cap, Nicolai Søndergaard, a research analyst at blockchain analytics firm Nansen, said it might simply be the token’s turn in the spotlight during this meme-focused cycle. “Solana already saw a nice run-up,” Søndergaard said. “I think BONK as a community meme token potentially could see that as well, because it hasn’t really seen the same love, I’d say, compared to a lot of the other meme tokens in this current run.”
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TRON founder Justin Sun said that the Nansen integration will enhance developer and community interaction within the ecosystem.
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The Tron network will be fully integrated on Nansen 2 thanks to a collaboration between Nansen and the Tron decentralized autonomous organization (DAO). Nansen will launch a Tron Macro Dashboard that will provide developers and investors with real-time insights into the Tron ecosystem.
Read More -->A Nansen report argues that it’s possible that investor interest could start rotating into altcoins - but that indicators can't predict an altseason onset.
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Nansen is to provide analytics to Bitcoin layer-2 Bitlayer, marking its first expansion into this ecosystem. Bitlayer, which raised $11 million in funding led by Franklin Templeton in July, is based on the BitVM computing paradigm, aimed at facilitating Ethereum-style smart contracts on Bitcoin.
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Nansen aims to pave the way for more efficient decision-making in Bitcoin layer 2s empowered by the insights its data and analytics provide
Read More -->By supporting Bitlayer, Nansen plans to build the foundation for deeper BTC L2 insights and more efficient decision-making.
Read More -->Crypto analysis firm Nansen analyst Aurelie Barthere echoed a similar sentiment. “Bitcoin crossing its all-time high with heavy volume is a clear signal of ongoing positive momentum following the elections,” Barthere said in a Nov. 7 markets report. Barthere added that after Donald Trump’s United States presidential election victory on Nov. 5, traders have been rushing to “re-risk, which is reflected in the recent upward movement in crypto.”
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Aurelie Barthere, Principal Research Analyst at Nansen, told Bitcoin.com News that the recent election results have sparked a noticeable change in market sentiment. Investors are starting to re-risk, anticipating a more crypto-friendly regulatory climate. The Nansen executive highlighted that this post-election boost has already made its mark, with both bitcoin and ethereum seeing substantial gains in market performance.
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