Arkham Intelligence, a prominent crypto analysis forum, has announced a new partnership. According to the company, it is working with Mantle Network (an L2 tech stack to scale Ethereum) to provide support for its Ethereum L2. The platform announced this development on its official account on social media platform X.
Arkham x Mantle announced!
We’re working with @0xMantle to add support for their Ethereum L2 on our platform.
I’m excited to work with @gametheorizing, @Defi_Maestro, @0xGabe_ and the rest of the Mantle team to bring our data and tools to their ecosystem.
Stay tuned… pic.twitter.com/26xOEv0CR9
— Arkham (@ArkhamIntel) June 19, 2024
Arkham Intelligence and Mantle Network are working together
In addition, Arkham also shared an extensive blog post detailing the latest collaboration. The platform mentioned that Mantle’s L2 has undergone significant development since the mainnet’s launch. In this regard, the platform has acquired up to 3.5 million new addresses. Currently it is located in the 6e position among the largest scaling solutions on Ethereum. Moreover, it has a total value of over $1.2 billion.
Apart from that, it also hosts a broad DeFi ecosystem powered by Mantle-native lending protocols and DEX. The respective lending protocols take into account Agni Finance, INIT Finance, Merchant Moe, and so on. Mantle consumers will soon be allowed to use Arkham to research DeFi transfers, filter transactions, and set alerts in real-time. The development in question will reportedly facilitate the users to a great extent.
In addition, interoperability between the two entities will also receive a huge boost through this endeavor. Thanks to the exclusive integration, Arkham consumers can also use all the tools the platform offers. In this regard, Arkham users can analyze the accounts, cash flows and other activities. They can do these things with the Arkham tools on Mantle Network.
The development allows Mantle users to use Arkham Tools for crucial purposes
Additionally, consumers can also view cross-chain balances for Mantle Network-based wallets. These wallets can hold assets from any of the other supported twelve EVM chains. Similarly, Mantle Network customers will also be allowed to use Arkham’s resilient tooling. They may use Arkham’s Dashboards, Alerts, Tracer, and Visualizer features on their platform.
This is happening for the first time. Arkham expressed his enthusiasm for this initiative. It added that both entities share a combined vision. They mutually focus on improved literacy, accessibility and transparency in the case of on-chain data. So, with this collaboration, both companies plan to translate this vision into practice in the case of the Mantle Ecosystem.