Dune Analytics
November 12, 2024
Dune Analytics Unicorn News - November 12, 2024
At DuneCon in Bangkok, Dune Analytics announced the acquisition of blockchain data provider smlXL and introduced new platforms, Echo and Dune Index, to enhance real-time analytics and multichain support. These developments aim to provide developers with faster access to blockchain data and improved application-building capabilities.
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() Dune Analytics expands offerings with Echo, smlXL, and Dune Index introduction
Dune Analytics, a prominent blockchain analytics platform, announced several key developments during their DuneCon event held in Bangkok on November 11. The company has acquired smlXL, a blockchain data provider supported by venture capital firm a16z. Although the financial specifics of the acquisition have not been disclosed, this move is part of Dune's broader strategy to enhance its real-time analytics capabilities. The integration of smlXL is expected to significantly improve Dune's real-time API offerings, allowing developers to access blockchain data more swiftly and efficiently, thereby facilitating the development and enhancement of applications. In addition to the acquisition, Dune Analytics has expanded its product offerings with the introduction of the Echo platform. This new platform is designed to support multichain analytics, further broadening the scope and utility of Dune's services for its users. These strategic expansions underscore Dune's commitment to providing comprehensive and advanced analytics solutions in the rapidly evolving blockchain space, catering to the needs of developers and users seeking enhanced data access and application development capabilities.
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