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Arkham Intelligence to Add Support for Polygon in 2023

source-logo  coinedition.com 26 January 2023 06:15, UTC

Arkham Intelligence announced that it would begin supporting the Polygon chain, allowing for the tracking, monitoring, and identifying of wallets on the Polygon chain. Arkham Intelligence plans to introduce support for this chain in the first quarter, joining Ethereum as the analytic firm’s second supported blockchain.

According to Arkham, Polygon was selected as the second integration due to the platform’s massive user base and existing relationships with major brands like Disney, Starbucks, and Stripe.

DeFiLlama reports that among the major Layer 1 blockchains by Total Value Locked, Polygon is one of the most popular choices for on-chain activities. As such, Polygon was an obvious choice for Arkham since data analytics solutions need to support many blockchains to appeal to a larger audience.

Arkham has stated that integrating various chains on their platform “opens new possibilities for on-chain research,” implying that support for additional blockchains is in the works.

“By expanding to Polygon, Arkham will give users the unprecedented ability to monitor and analyze a chain both popular among crypto enthusiasts, as well as the growing body of non-crypto native Web 3 activities,” the blockchain intelligence firm wrote.

Last year, Arkham Intelligence launched its platform for private beta testing. The platform now allows whitelisted users to share referral links for the airdrop of its ARKM token.

Arkham isn’t the only recent development for Polygon. Earlier this week, Web3 gaming protocol Fractal announced a partnership with Polygon that allows developers in the Polygon ecosystem to build in-game marketplaces using Fractal SDK. This development will allow players to browse and transact NFTs without leaving the game.

coinedition.com