Dune acquires a16z-backed smlXL and launches new product Dune Echo
blockchain analytics company Dune announced three updates at the DuneCon event held in Bangkok, Thailand on Monday, including a new platform, the company's latest acquisition, and a new metric aimed at tracking meaningful blockchain adoption.
The newly launched Dune Echo is a new product from the analytics company that connects developers with real-time blockchain data from 30 chains, including Ethereum, its multiple L2 networks, and Solana, currently in the testing phase. Token balance and transaction query data can be obtained within 300 milliseconds after block propagation.
Dune also announced the acquisition of a16z-backed smlXL, a blockchain company whose product simulates real-time blockchain transactions. The acquisition price was not disclosed in the announcement.
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