Leading blockchain analytics firm Nansen has partnered with digital asset issuer OpenDelta to launch a specialized crypto index product utilizing the Solana network. The new offering is designed to provide institutional and retail investors with diversified exposure to a basket of high-performing Layer 1 (L1) blockchain ecosystems, excluding Ethereum, based on fundamental on-chain metrics.
OpenDelta will serve as the issuer, managing the deployment and administrative aspects of the index tokens. Nansen’s key contribution involves leveraging its proprietary data platform to select, weigh, and continually rebalance the index constituents. This selection methodology moves beyond simple market capitalization, relying instead on metrics such as active wallet count, developer activity, transaction volume, and total value locked (TVL) to ensure the index tracks truly decentralized and growing ecosystems.
The strategic decision to build the index tracking mechanism on the Solana blockchain is driven by its high throughput and cost-efficiency. Solana’s architecture enables real-time data processing and low-cost maintenance operations, which are critical for the efficient and frequent rebalancing necessary to accurately track a dynamic portfolio of L1 assets.
Industry observers note that this partnership marks a significant milestone in Solana’s journey toward becoming a primary platform for sophisticated decentralized financial instruments. The index aims to simplify investment for users looking to capitalize on the growth of the broader multi-chain landscape without managing individual assets, offering a streamlined method for sector-wide diversification.
Source: Crypto data firm Nansen and issuer OpenDelta tap Solana for new index tracking top L1s
コメント