5.1 Major Competitor Analysis

Bubblemaps has several competitors in the on-chain data analysis field, each with its unique advantages and market positioning.

Glassnode is one of the leading platforms in the on-chain data analysis space. Compared to Bubblemaps, Glassnode focuses more on providing on-chain market indicators and analysis tools to help traders analyze market sentiment and assess market trends. Glassnode's strengths lie in its robust library of on-chain indicators, such as HODL Waves and MVRV ratios, which are very useful for evaluating market cycles and investor sentiment. Glassnode's user interface design is simple and intuitive, allowing traders to easily monitor multiple network activities. However, Glassnode's features for visualizing wallet relationships and transaction networks are relatively weak, lacking the intuitiveness and interactivity of Bubblemaps.

Nansen is another important on-chain data analysis platform. Nansen focuses on providing detailed on-chain monitoring tools, particularly for smart contracts and DeFi protocol analysis. Nansen's strengths lie in its rich tagging system, which can identify wallet addresses of exchanges, whales, DAOs, and other important entities, helping users better understand on-chain activities. Additionally, Nansen's "hot spots" feature allows for real-time tracking of market trends and popular tokens, which is particularly useful for traders. In contrast, Bubblemaps has an advantage in visualization and interactivity, while Nansen excels in in-depth analysis and specialized tools.

Dune Analytics is a community-driven on-chain data analysis platform. Unlike Bubblemaps, Dune Analytics primarily targets users with a technical background, offering an SQL query interface and customizable dashboard features. Dune Analytics' strengths lie in its flexibility and customizability, as advanced users can write their own queries to obtain specific data and create custom charts and reports. Moreover, Dune Analytics has a rich library of community-shared queries, from which users can gain inspiration and access validated queries. However, Dune Analytics has a steep learning curve and is not suitable for users without a technical background, while Bubblemaps focuses more on user-friendliness and intuitiveness. @bubblemaps and attach topic tags #Bubblemaps and $BMT @Bubblemaps.io is an on-chain intelligent visualization engine.