Demex Daily #109: TRON Partners with Token Terminal for Enhanced Data Analytics

What’s Interesting Today:

TRON DAO has formed a partnership with Token Terminal to integrate TRON network data into Token Terminal's advanced data analytics platform. This integration aims to revolutionize how investors and analysts utilize TRON’s data, offering access to a wide range of analytical tools and insights. Token Terminal provides an extensive on-chain data analytics service, including running nodes to make a partner's data available in various formats and extending to qualitative analyses through articles and podcasts. This collaboration will allow users to perform in-depth due diligence, compare TRON’s performance with other blockchains, and gain insights into user activity, trending contracts, and wallets, as well as stablecoin statistics on the TRON network. The partnership also introduces TRON’s data into the Bloomberg Terminal's 'Crypto Fundamentals' app and makes TRX eligible for inclusion in the MarketVector™ Token Terminal Fundamental Index Suite, a fundamentally-weighted basket of crypto assets. This initiative is expected to enhance TRON's visibility, accessibility, and understanding within the blockchain industry, fostering greater engagement and growth within the crypto community.

The Gnosis Chain developers have deployed a precursor to Ethereum's Dencun upgrade by activating type 3 blob transactions on their network, aimed at scaling dapps. Blob transactions, integral to EIP-4844, are set to be introduced to Ethereum with the Dencun upgrade. The first Gnosis Chain dapp to utilize this feature is Blob.Fm. Gnosis Chain, a sidechain of Ethereum managed by GnosisDAO, boasts a total value locked of over $320 million and supports various dapps. The blob transactions are expected to enhance data availability on the Ethereum network, reducing transaction costs particularly for Layer 2 rollups, thereby making decentralized applications more economical and user-friendly. The Dencun upgrade, including blobs, is scheduled to go live on the Ethereum mainnet soon, promising significant scalability and cost-efficiency improvements.