Key Takeaways
- On-chain data is very important for understanding and analyzing cryptocurrency markets.
- Crypto analytics platforms provide tools to process and interpret on-chain data.
- These platforms leverage blockchain technology to provide valuable insights into various aspects of the sector, including market trends, investor behavior, and investment opportunities.
Crypto analytics platforms became widespread during the second half of 2024. With the rise of token-launching platforms in the space, it is important to understand where the markets are headed by studying the underlying factors dictating sentiment.
Additionally, 2025 and potentially the following years will not be typical for crypto as 2024 was the first time Bitcoin hit an all-time high price before its halving date. This and other market anomalies further emphasize the need for more profound research beyond the superficial day-to-day indicators.
What Is On-Chain Data Analysis?
On-chain data analysis is the study of the movement of funds on the blockchain to help predict various factors and variables, including potential market manipulation, investor behavior, whale movements, price movements, and investment risks and benefits.
There are many key on-chain analysis metrics to study the markets on a deeper level. Some of them include Daily Active Addresses (DAA), Network Value-to-Transaction Volume (NVT), Market Value to Realized Value (MVRV), and Age Consumed. These and many other indicators help to filter the noise of the price action and reveal hidden market sentiment that may help traders make informed decisions.
It is important to note that on-chain analysis differs from traditional market analysis and does not rely only on the price action on the charts. It uses real blockchain data, such as transaction volumes and the behaviors of large token holders who influence price movements. Therefore, on-chain analysis can complement technical analysis (TA) to help traders become more accurate.
Related: A Quick Guide To On-Chain Analysis
Criteria When Evaluating Crypto Analytics Platforms
As crypto markets became increasingly volatile and scams like meme coin rug pulls proliferated, crypto analytics platforms emerged to help investors navigate the space.
While they all contribute toward revealing hidden market patterns, not all are beneficial. Before choosing an on-chain data platform, users must consider the data’s accuracy and reliability, as some will offer stale or inaccurate data that may misdirect investors.
Secondly, given the complexity of the on-chain data, an easy-to-use user interface may be useful. Some crypto analytics platforms are clunky, with data splattered all over the place.
Third, a platform that covers a wide range of crypto assets is more beneficial than one with only a few.
Finally, if a platform has a wide range of types of analysis, it may be a good one to use for analyzing on-chain data, as the more metrics and data points, the more accurate the conclusion will be.
Top Crypto Analytics Platforms Of 2025
That said, let’s discuss the top crypto analytics platforms to explore in 2025 and beyond:
Glassnode
Glassnode is currently one of the top-ranking crypto analytics platforms in the space. Co-founded by Jan Happel in 2018, the company has continued to provide on-chain intelligence that enables institutions to discover different market perspectives and stay ahead of the curve.
Glassnode has accurate data and supports a wide variety of assets. The platform has over 3,500 on-chain metrics and serves over 1 million users. The only downside to Glassnode is that it does not have a personalized watchlist to track specific crypto assets and is more designed for institutions than individuals.
CryptoQuant
CryptoQuant also provides competitive and powerful features for its users, such as ease of setting alerts via email, Telegram, or browser notification. The platform has many features but is limited to only the top crypto assets, namely Bitcoin, Ethereum, XRP, and a handful of other cryptocurrencies.
Nevertheless, it is a powerful platform that can illuminate the deeper workings of the market and investor behavior. Moreover, the platform has partnered with major exchanges and financial institutions to provide valuable insights into the crypto market.
Santiment
Santiment goes beyond just on-chain analytics as the platform also provides social media analysis, bringing context to crypto. The platform is coin agnostic, meaning it works with multiple blockchains regardless of their architecture. The project has its token, the Santiment Network Token (SAN), for staking, gaining rewards, accessing real-time analytics, and getting discounts.
The platform also has other features, such as Sanbase, a tool that provides real-time information about significant changes, and Sansheets, an extension that can automatically be added to your Google Sheets page to track and compute any relevant crypto information.
IntoTheBlock
IntoTheBlock is another powerful on-chain analysis tool full of features that provide actionable insights into the market. At the time of writing, the platform supports nine blockchains and covers over ten DeFi protocols, although they are working on enhancing these figures. IntoTheBlock has over 260 indicators to help traders make the best possible decision before investing their hard-earned capital.
The platform also recently added a new feature that harnesses the power of Artificial Intelligence (AI) to dig out new perspectives delivered by on-chain data. Overall, the platform is designed with both the individual and the institution in mind.
Dune
Dune is an analytics platform for querying and analyzing data from different blockchain networks and Ethereum. It provides an easy-to-use interface for creating and running SQL-like queries on Ethereum data, which allows users to perform complex data analysis and visualization tasks with minimal setup.
It also allows one to quickly join different data sets and perform complex analysis, such as calculating the total value locked in a particular DeFi protocol.
Dune is incredibly useful for analyzing Ethereum data and dApps running on Ethereum due to the nature of the data accessible on the blockchain, making it an excellent platform for developers, researchers, and analysts who need to perform complex data analysis tasks regarding Ethereum data.
Chainalysis
Chainalysis is a blockchain analysis company that provides software and services to help organizations track and understand blockchain-based transactions. The company provides government agencies, financial institutions, and crypto-related businesses with tools and expertise to help them detect and prevent illegal activity on the blockchain.
These include investigation tools, compliance solutions, risk management, education, and training. Crypto businesses use the company’s software to comply with AML and KYC regulations. Moreover, other organizations use Chainalysis to assess and mitigate the risks associated with blockchain-based transactions.
Chainalysis is a leader in blockchain analysis, and the firm continues to develop and update its products to keep up with the rapidly evolving blockchain and crypto ecosystem.
Nansen
Nansen is one of the leading blockchain analytics platforms, providing valuable insights into the crypto market. By leveraging advanced data analysis techniques, the platform offers tools and resources to help investors, traders, and researchers make informed decisions.
One of Nansen’s key features is its ability to label crypto wallet addresses. Technically, Nansen provides context and transparency to blockchain data by identifying and categorizing these addresses. This allows users to track the activities of specific entities, such as exchanges, funds, and influential individuals, and gain a better understanding of market trends and potential opportunities.
Token Terminal
Token Terminal is a comprehensive platform that provides users with detailed financial data on various blockchains and decentralized applications (dApps). It is designed to facilitate analyzing and comparing the performance of different projects within the crypto ecosystem. By providing this data in a user-friendly format, Token Terminal helps users make informed decisions about their investments and trading strategies.
In addition to real-time data, the platform offers in-depth analytics and visualizations, allowing users to identify trends, correlations, and patterns within the blockchain ecosystem. For example, users can analyze the historical performance of different tokens, compare the trading activity on various exchanges, and track the growth of specific blockchain networks.
Bubblemaps
Bubblemaps is a platform that specializes in visualizing blockchain data. Notably, the platform makes on-chain analysis more accessible and intuitive through its unique visualization approach for anyone looking to understand the flow of cryptocurrencies and make informed decisions.
SoSo Value
SoSo Value is an AI-powered investment and research platform that aims to bridge the gap between centralized finance (CeFi) and decentralized finance (DeFi) in the crypto market. The platform aims to simplify crypto investment and research by providing tools and information to help users navigate the market. This could include analytics, market data, and portfolio management tools.
While it is not solely a crypto analytics and on-chain data platform, it incorporates those elements as part of its broader offering, making it worthy of being on the list.
Final Thoughts
There are many other analytics platforms in the crypto space, and perhaps even better ones will come in the future. But for now, these represent the top of the cream. The platforms mentioned are accessible to both individuals and institutions in terms of subscriptions and are actively working to incorporate new networks and crypto assets!
