Finding the right blockchain analytics tool or platform can be challenging, especially if you’re new to crypto. As such, in today’s article, we’ll help you with this task by covering five of the top blockchain analytics tools:
At the top of our list, you’ll find Moralis Money, as it’s the premier blockchain analytics tool for traders. As our #1 option, we’ll explore the ins and outs of this tool in further detail later in the article. However, as a teaser highlighting the accessibility of Moralis Money, here’s a quick demo of how you can use one of our premade filters to generate a dynamic list of new hot tokens:
List of the Top Blockchain Analytics Tools
There’s a vast selection of blockchain analytics tools, and most of them have their own unique niches. Some blockchain analytics tools focus on aggregating on-chain token data, while others focus on DeFi projects, decentralized applications (dapps), or transactions. To help you find a platform suited to your needs, we have created a list of our top five blockchain analytics tools:
Each tool has unique features and focuses on accumulating and providing specific types of data. However, Moralis Money stands out among these tools as the premier blockchain analytics platform for crypto trading. As such, we’ll kick things off with Moralis Money!
Moralis Money
At the top of our list of the best blockchain analytics tools, you’ll find Moralis Money – an industry-leading on-chain trading indicator. Moralis Money focuses on aggregating on-chain token data, presenting it to you in a readable and understandable format. Consequently, with a blockchain analytics tool like Moralis Money, you get powerful insight into cryptocurrencies across multiple networks and can easily find upcoming crypto coins before everyone else.
The unparalleled token insights makes Moralis Money the ultimate blockchain analytics tool for traders and investors. To show you why, let’s explore some of Moralis Money’s key features!
Key Features:
- Token Explorer: With the Token Explorer feature, you can effortlessly find tokens you’re looking for. Pick and choose between 15+ search parameters to create your own custom filters and find the most undervalued crypto. You can also leverage premade filters for a quick start:
- Token Alerts: Add a token address, apply a filter, and receive alerts in real-time whenever changes matching your filters occur on-chain. As such, with Token Alerts, you can monitor tokens even when you aren’t actively trading:
- Token Shield: Token Shield protects you from potential cryptocurrency scams by providing a comprehensive security evaluation for all tokens.
- Token Pages: Moralis Money provides token pages for all cryptocurrencies. By clicking on them, you get further insight into a token’s performance. Each page features price charts, alpha metrics, security info, and much more:
- Multi-Chain Support: Moralis Money has support for multiple blockchain networks. Some prominent examples are Ethereum, Binance, Polygon, etc.:
- Wallet Tracker: With one of the best wallet trackers, Moralis Money allows you to track your crypto assets across all supported chains:
We’ll dive deeper into Moralis Money and demo some of its features in the ”The #1 Blockchain Analytics Tool for Traders and Investors” section.
Etherscan
If you’re somewhat familiar with the Ethereum ecosystem, odds are you have heard of Etherscan. Etherscan is a specialized blockchain analytics platform and block explorer for the Ethereum network. The tool focuses on accumulating on-chain data from pending and confirmed transactions, wallet addresses, and smart contracts.
With Etherscan, you can enter any address into the platform’s search field to see current balances and the transaction history of the wallet in question. It also displays block information, gas fees, and smart contracts in relation to each transaction.
Key Features:
- Verify Smart Contracts: With Etherscan, you can easily look up and verify Ethereum-based smart contracts.
- Live Transactions: You can observe live transactions occurring on the Ethereum blockchain network in real-time.
- Calculate Gas Fees: With Etherscan’s gas tracker, you can calculate Ethereum gas fees.
DefiLlama
DefiLlama is a prominent blockchain analytics tool for decentralized finance (DeFi) projects. It provides aggregated data for various market statistics, allowing you to track a project’s performance. Consequently, through the DefiLlama dashboard, you can keep track of staking, lending, borrowing, liquidity, and other DeFi-related activities.
Key Features:
- Supports Major Blockchains: DefiLlama supports most major blockchain networks. This includes Ethereum, Solana, Avalanche, etc.
- Broad DEX Support: The platform also supports all the major decentralized exchanges, including Uniswap, SushiSwap, and others.
- Intuitive Dashboard: DefiLlama aggregates DeFi data from a wide range of protocols, presenting it through an intuitive user interface.
DappRadar
DappRadar is a blockchain analytics platform providing data related to decentralized applications or dapps. This includes DeFi projects, NFTs, and blockchain games. By accumulating dapp-related data, the platform offers an easy way for you to discover new and innovative projects.
Key Features:
- Portfolio Tracker: Along with helping you discover new dapps, DappRadar also provides a portfolio tracker feature.
- NFT Explorer: With the NFT Explorer, you can find, analyze, and buy NFTs effortlessly.
- Dapp Ratings: DappRadar rates dapps based on three metrics: balance, volume, and unique active wallets.
Dune
Dune is a prominent and popular blockchain analytics platform for cryptocurrency markets. This tool supplies insightful charts to aid you in keeping up with market trends. Users participate in a forum-like environment where they can publish, share, and comment on data. As such, the data on Dune is incredibly versatile. And it can help you track the performance of DeFi protocols, monitor blockchain ecosystems, analyze NFT sales, monitor DEX activity, etc.
Key Features:
- Community-Driven: Dune is community-driven, meaning anyone can create and share data.
- Wide Network Support: Dune supports a broad range of blockchain networks, including Ethereum, Polygon, Binance, etc.
3 Trading Challenges the Best Blockchain Analytics Tools Should Solve
In crypto trading, 99% of people struggle with one of three challenges:
- FOMO: In a growing market, where significant opportunities come and go every day, traders often struggle with the fear of missing out (FOMO). FOMO makes them trade emotionally and based on hype. As a result, they buy assets at the top, only to see them plummet shortly after.
- Time Constraints: The crypto market is fast-paced, and new currencies emerge daily. And to see success, traders need to monitor the most significant opportunities, which is a time-consuming process requiring full-time dedication. This isn’t something everyone can afford, which is why many people fail to see significant crypto gains.
- Cryptocurrency Scams: Scams are another major challenge for crypto traders. People always need to be wary of bad-faith actors looking to exploit vulnerabilities in the market.
Fortunately, with the best blockchain analytics tools, you can effortlessly overcome these trading challenges and start seeing serious gains in no time!
However, which of the top blockchain analytics tools on our list is the ultimate option for traders and investors? Also, which out of these tools solve the challenges mentioned above?
The #1 Blockchain Analytics Tool for Traders and Investors
When it comes to crypto trading, Moralis Money stands out as the premier blockchain analytics tool. Not only does it provide the most valuable on-chain insights, but its features let traders overcome the three primary challenges traders and investors face. Furthermore, with a focus on delivering high-quality on-chain token data through an intuitive user interface, Moralis Money helps you easily find the top crypto to buy now so you can maximize your gains!
However, you don’t have to take our word for it; check out some feedback from happy customers already leveraging Moralis Money successfully:
What’s more, the core features of Moralis Money are designed to help you overcome the three challenges associated with crypto trading:
- Token Explorer: With Token Explorer, you can combine 15+ filters to create unique search queries. As such, it has never been easier to find new crypto coins before everyone else. This means you can make investment decisions on irrefutable blockchain data and avoid trading with emotions like FOMO.
For instance, by combining the Coin Age and Experienced Buyers metrics, you can generate a list of new coins other experienced buyers are buying:
- Token Alerts: With Token Alerts, you can set up alerts based on unique filters. In doing so, you’ll be notified whenever something of interest happens on-chain. As a result, you don’t have to continuously monitor the market yourself and can save an abundance of time.
To set up an alert, go to the “Alerts” tab, add a token address, specify a filter, and input your email address:
- Token Shield: The Token Shield feature protects you from devious cryptocurrency scams by providing a comprehensive security evaluation for all tokens. Simply look for the shield symbol attached to each coin:
How to Use Moralis Money Blockchain Analytics
In this section, we’ll quickly demo some of the core features of Moralis Money. This will highlight the power of Moralis Money and why it’s the premier blockchain analytics platform for traders and investors!
To begin with, let’s generate a list of coins using Token Explorer. In this case, we want to find new coins with low market caps gaining traction from experienced buyers. As such, let’s add the Coin Age, Market Cap, and Experience Buyers metrics to our query:
This gives us a dynamic list of tokens based on irrefutable blockchain data. From here, we can now explore the coins by navigating to their token pages. In doing so, we can view on-chain alpha metrics regarding the token in question, view price charts, security information, the token rating, and much more:
As such, not only can we find tokens based on unique metrics, but we can also analyze their on-chain data to determine whether or not they are suitable investments. From there, if you come to a conclusion to buy, simply hit the ”Buy” button:
What’s more, on each token page, you can also set up an alert by clicking ”Create Alert”:
Moralis Money Free vs Paid Plan
If you’d like to take your trading game to the next level and supercharge the features of the best crypto scanner, consider subscribing to the Moralis Money Pro plan. As a Pro user, you get access to more narrow timeframes for all metrics, can save up to five alerts, join a private Discord server, and much more:
If you’d like to try it out, head on over to our pricing page and hit the ”Start a 7-day trial here!” button:
Blockchain Analytics 101 – What are Blockchain Analytics?
To explain blockchain analytics, let’s start with a quick blockchain recap. So, what is a blockchain?
Blockchains are digital ledgers that are immutable and typically decentralized. They consist of blocks of data chained together in chronological order. Due to their open and decentralized nature, public blockchains are transparent. Consequently, anyone can look at the data and understand what’s happening on-chain.
Blockchain analytics refers to the process of analyzing and interpreting this information. It involves leveraging techniques to extract data from a network and gain insight into user behavior, transactions, and other essential aspects of a blockchain ecosystem. In doing so, anyone can gain valuable insight into what would otherwise be hidden.
However, accessing and indexing this data can be tedious, so traders, investors, and analysts leverage blockchain analytics tools. But what is a blockchain analytics tool?
What are Blockchain Analytics Tools?
Blockchain analytics tools are websites and platforms helping you analyze networks, transactions, and other market activity. These tools aggregate blockchain data, presenting it in a readable and understandable format. Consequently, you don’t have to bother with querying blockchain data yourself and can easily navigate the complex crypto space to make more informed investment decisions.
So, how can blockchain analytics tools help you?
In a fast-paced crypto market, it’s important to find true alpha. With a blockchain analytics platform, you can identify emerging market trends, conduct research on tokens, monitor risks in your existing positions, and much more!
However, if you’re new to the industry and investing in general, you might have trouble finding the right tool for you. As such, let’s take a closer look at a few factors to consider when choosing a blockchain analytics tool.
How to Choose an Analytics Platform for Blockchain Data?
There are several blockchain analytics tools in the market, and most of them have their own unique niches. As such, here are three factors to consider when choosing the best blockchain analytics platform:
- Data: The first thing you should consider is the type of data you’re after. Different tools can specialize in querying and analyzing different types of data. As such, you should find a platform that suits your needs.
- Features: Platforms can offer a wide variety of unique and exciting features. So, make sure to consider what features you need when picking blockchain analytics tools.
- Intuitiveness: A tool should also have an intuitive user interface and remove all unnecessary complexities.
Summary: The Best Blockchain Analytics Tools for Crypto Enthusiasts
In today’s article, we explored five blockchain analytics tools:
- Moralis Money
- Etherscan
- DefiLlama
- DappRadar
- Dune
Each tool has its own benefits and set of unique features; however, Moralis Money stands out as one of the best crypto trading tools. Moralis Money is the #1 on-chain trading indicator, and this blockchain analytics tool has three core features:
- Token Explorer: Token Explorer helps you find new and exciting cryptocurrencies before everyone else.
- Token Alerts: Token Alerts lets you set up email notifications so you can trade even when you aren’t in front of your screen.
- Token Shield: Token Shield protects you from cryptocurrency scams.
If you’d like to boost these features and the overall value of Moralis Money, remember to sign up with the Moralis Money Pro plan!
Also, feel free to try out Moralis Money yourself using the interactive widget down below. Apply a premade filter or create a custom query from scratch by combining the filters of your choice:
