Dune acquires a16z-backed smlXL and launches new product Dune Echo

Odaily News Blockchain analytics firm Dune made a trio of announcements at its DuneCon event in Bangkok, Thailand on Monday morning, including a new platform, the company’s latest acquisition, and new metrics designed to track meaningful blockchain adoption. Launched today, Dune Echo is a new product from the analytics firm that connects developers with real-time blockchain data on 30 chains, including Ethereum, its multiple L2 networks, and Solana, which is currently in beta. Data on token balances and transaction queries is available within 300 milliseconds of block propagation. Dune also announced the acquisition of a16z-backed smlXL, a blockchain company whose product can simulate live blockchain transactions. The value of the acquisition was not disclosed in the announcement. (The Block)