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Nansen debuts NX8 index tracking BTC, ETH, SOL, HYPE and other L1 leaders

Crypto Briefing
Nansen launched NX8, a tokenized index tracking eight major Layer-1 blockchains including BTC, ETH, and SOL.

Summary

Blockchain analytics firm Nansen has launched NX8, a tokenized index product providing diversified exposure to eight leading Layer-1 blockchains: BTC, ETH, SOL, BNB, TRON, HYPE, AVAX, and SUI. Developed with OpenDelta and following GMCI methodology, NX8 tracks networks deemed "clear winners" based on usage and fundamentals, informed by Nansen's extensive on-chain analytics. The index is issued by OpenDelta, utilizes LayerZero's Omnichain Fungible Token standard for multichain compatibility, and is tradable on Solana platforms like Orca. Nansen CEO Alex Svanevik stated NX8 offers investors a simple, foundational asset for long-term portfolios with zero AUM fees. This launch marks Nansen's expansion from analytics into tradable, onchain-native products under its new Joint Venture Protocol.

(Source:Crypto Briefing)