News and Analysis on Cryptocurrencies, Blockchain and Decentralized Finance
Today, Nansen announced a partnership with IOTA. Thanks to this partnership, Nansen’s advanced analytics tools, including IOTA Growth Dashboard and Nansen Query, will arrive in the IOTA EVM ecosystem.
In this way, IOTA users will have new powerful analysis tools available, and other features coming soon.
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IOTA x Nansen
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IOTA is a crypto project launched back in 2016 for the Internet of Things (IoT), and based on Tangle technology, which is different from the classic blockchain.
This is an open-source distributed ledger technology created to bring real-world applications on-chain. It combines a permissionless public asset infrastructure with smart contracts for enterprise solutions and Web3 innovation.
It is led by the non-profit foundation IOTA Foundation based in Berlin, and it is also supported by other entities based in Switzerland and Abu Dhabi.
The IOTA EVM ecosystem in the past year has experienced significant growth, with the number of active addresses steadily increasing, and recent activity reaching 636 daily active addresses, despite short-term fluctuations.
The volume of transactions has also increased, with over 42,360 transactions recorded in the last 24 hours. Developer engagement is also on the rise, with new daily deployments of smart contracts.
Nansen introduces advanced analysis on IOTA
Nansen is one of the leading providers of analysis and insights in the blockchain field.
This is an analysis platform that enriches on-chain data with millions of wallet labels.
Investors use Nansen to discover opportunities, perform due diligence, and consult real-time dashboards and alerts.
In the past, it has already initiated many other similar collaborations, with the aim of making their data and analyses available to more and more users.
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The partnership
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Nansen will bring advanced analysis tools to the IOTA EVM ecosystem such as IOTA Growth Dashboard and Nansen Query.
The IOTA Growth Dashboard will provide users with key on-chain metrics, including active addresses, transaction volume, and main entities of the ecosystem. Drawing from Nansen’s rich data infrastructure, investors, developers, and participants in the IOTA ecosystem will be able to gain useful insights to support decision-making and the development of their strategies.
The integration will be implemented in phases. Initially, the IOTA Growth Dashboard will be launched alongside Nansen Query. Additional features will follow, including Nansen Profiler and Token God Mode.
The price of IOTA
The homonymous native cryptocurrency of the IOTA ecosystem debuted on the crypto markets in 2017.
A few months after its arrival on the crypto markets, a massive altseason began, which caused its price to skyrocket from $0.6 to almost $5.7. The one in December 2017 still remains the all-time high today.
During the bear-market of 2018, the price even fell below $0.3, and the following year it ended up dropping below $0.2 as well.
During the great bullrun of 2021, however, it managed to recover, even rising above the initial price of $0.6. That year, the peak, however, stopped well below the all-time high of four years earlier, which was below $2.4.
Although during that second great altseason it was thought that IOTA had recovered in the crypto markets, during the bear-market of 2022 the price first fell back below $0.3, and then again even below $0.2.
Shortly before Trump’s electoral victory a few months ago, it had even plummeted to $0.1, but following that event, it marked a rebound that for a brief moment had brought it back to $0.5. However, at the end of December, it had already returned to $0.3, and in February 2025, it also returned to $0.2.
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The comments
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The CEO of Nansen, Alex Svanevik, stated:
“As we continue to expand our analytical capabilities in the main blockchain ecosystems, the integration with IOTA is a natural next step. This collaboration will allow users to monitor the growth of the IOTA ecosystem with real-time data, supporting deeper insights and more informed decisions”.
The co-founder of IOTA and chairman of the board, Dominik Schiener, added:
“We are truly happy to strengthen our ecosystem with Nansen’s advanced analysis. By integrating IOTA EVM with Nansen, community members and builder teams gain valuable insights to make data-driven decisions, monitor ecosystem growth, and refine their strategies with greater confidence”.