Blockchain analytics firm Nansen has launched a new tokenized index, NX8, that tracks leading Layer-1 blockchains. The product gives investors a single token that represents a basket of major base-layer networks, rather than buying each coin separately.
NX8 currently follows eight top L1s: Bitcoin, Ethereum, Solana, BNB, Tron, Hype, Avalanche, and Sui. Nansen says these chains power key use cases, including stablecoins, DeFi, derivatives, real-world assets, and digital store-of-value.
The index, issued by OpenDelta, a crypto-native index platform, was designed and launched in partnership with Nansen. Index construction and rebalancing rely on methodology and reference data from GMCI, a specialist in digital asset benchmarks.
Why Nansen and OpenDelta Chose Solana
NX8 is fully tokenized on Solana and uses LayerZero’s Omnichain Fungible Token standard, so the index can move across multiple chains. Solana’s low fees and high throughput make it an attractive base for minting and trading an index token designed for active DeFi use.
The NX8 token trades on Solana decentralized exchanges such as Orca and is reachable through aggregators including Jupiter, KaminoSwap, and DFlow. This means users can buy exposure to multiple L1s while remaining within the Solana DeFi ecosystem.
Recent Nansen data show Solana has experienced a strong surge in usage, with active addresses more than doubling to over 5 million and daily transactions rising from 52 million to 87 million in early 2026. That growth helps explain why Nansen and OpenDelta chose Solana as the base chain for their flagship L1 index.
Index Structure And Security
Nansen says its analytics, based on more than 500 million labeled on-chain addresses, helped identify which networks qualify as “clear winners” for inclusion in NX8. The basket focuses on blockchains with strong network effects, active applications, and sustained user activity across multiple market cycles.
OpenDelta issues the NX8 token and uses regulated custodians such as Anchorage and Hex Trust to hold the underlying assets. A service called Accountable provides real-time reserve verification, so investors can see that the index is fully backed.
Holders of NX8 can also earn Nansen Points through the Nansen 3 loyalty program, and the token is designed to integrate with DeFi protocols to unlock additional yield opportunities. OpenDelta co-founder Nick Schteringard said the product reflects the belief that L1s in the index will continue to gain market share as their ecosystems mature.
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