CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
Coinpaper 2026-02-03 21:55:42

Nansen and OpenDelta Launch NX8 Index on Solana to Track Leading Layer-1 Blockchains

Crypto analytics firm Nansen has moved deeper into onchain finance with the launch of NX8, a tokenized index tracking leading Layer-1 networks. The product reflects a growing push to turn blockchain data into investable instruments. Besides offering diversification, the index aims to simplify access to the most active base layers shaping crypto markets today. Consequently, NX8 positions itself as a bridge between analytics, infrastructure, and trading activity on public blockchains. NX8 tracks eight major networks that support stablecoins, DeFi, real-world assets, and derivatives. These include Bitcoin, Ethereum, Solana, BNB Chain, TRON, Hyperliquid, Avalanche, and Sui. Moreover, the index focuses on networks that continue to attract users and developers at scale. Nansen relies on insights from more than 500 million labeled addresses to guide index construction and scheduled rebalancing. From analytics to investable infrastructure Nansen developed NX8 in partnership with OpenDelta, which issues the token and provides onchain structuring. Additionally, GMCI maintains the methodology behind index weighting and rules. This setup blends market data, index discipline, and blockchain execution into a single product. According to the press release , Alex Svanevik, CEO of Nansen, described the goal behind the launch. He said, “NX8 gives investors a simple way to gain diversified exposure to the blockchains shaping the future of finance.” He added, “By combining professional index methodology, onchain composability, and zero AUM fees, NX8 is designed to be a foundational asset for long-term crypto portfolios.” Hence, Nansen frames NX8 as a core building block rather than a short-term trading product. Solana launch and multichain reach NX8 debuts on Solana, reflecting demand for high-throughput settlement and low transaction costs. However, the index does not limit itself to one network. It uses LayerZero Omnichain Fungible Token standards to enable future multichain movement. Trading begins on Orca, with access through aggregators such as Jupiter, Kamino Swap, and Dflow. Significantly, Anchorage and Hex Trust provide regulated custody, while Accountable enables real-time asset verification.

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.