Glassnode

Glassnode is a digital asset market intelligence company that consolidates fragmented cryptocurrency data into a unified analytics layer for investors, traders, researchers, and institutions. Founded in 2018 and spun out of Swissblock, a Swiss firm specializing in digital assets and global macro markets, Glassnode is headquartered in Baar, Switzerland. The company's stated mission is to build the world's leading market intelligence platform for digital assets and to accelerate the transition toward a transparent, open economy.

Core Platform: Glassnode Studio

The flagship product is Glassnode Studio, a browser-based workspace giving access to more than 1,700 metrics across over 1,500 assets. Historical data extends back more than 15 years, with live metrics updating as frequently as every ten minutes. On-chain data includes blockchain transaction activity, wallet cohort behavior, supply dynamics, realized profit and loss, Spent Output Price Distribution (SOPD), Cost Basis Distribution, long-term and short-term holder segmentation, and capital flow tracking. Off-chain data integrates spot and perpetual futures pricing, options open interest and implied volatility, CME futures, ETF flows, Digital Asset Trust holdings, and macroeconomic indicators. A Point-in-Time data layer supports backtesting for quantitative researchers.

Products Beyond Studio

Glassnode operates several products alongside Studio:

Vector delivers daily binary risk signals (Risk Off or Risk On) for Bitcoin from on-chain analysis, intended for institutional allocators.

Research is Glassnode's editorial layer, where analysts publish market reports and deep-dives into Bitcoin, Ethereum, and Solana market structure.

API provides programmatic access to 1,700+ endpoints; all other Glassnode tools are built on top of it.

Data Shares delivers bulk historical datasets via Snowflake and BigQuery for machine learning and quantitative research. Excel Add-In enables spreadsheet access. MCP Server allows AI agents to query Glassnode data via the Model Context Protocol. CLI provides command-line access.

Solana Coverage

Glassnode expanded Solana coverage significantly in 2025 and 2026. In 2025 the team released on-chain metrics for SOL natively: exchange balance tracking, SOPD metrics, URPD metrics, Coin Days Destroyed, dormancy flow, and profit and loss breakdowns by long-term and short-term holder cohorts. SPL token coverage was extended to 57 tokens including BONK, WIF, and JUP. In 2026, Glassnode integrated spot Solana ETF data (BSOL, FSOL, GSOL, SOLC, TSOL, VSOL, SOEZ, QSOL) and expanded SOL options metrics on Deribit and Bybit to include volatility smiles, term structure, and gamma exposure. Glassnode also runs a public Solana Validator Latency Monitor at latency.glassnode.com/solana.

Target Users and Clients

Documented clients include Coinbase, Binance, CME, Grayscale, and Ark Invest. The company states it serves over 100 institutional clients and offers tiered access for individual traders and researchers. Glassnode received the 2025 Hedgeweek Award for Digital Asset Research Provider of the Year and Best Data and Analytics Implementation.

Ecosystem Fit

Within the Solana ecosystem, Glassnode occupies the market intelligence and on-chain analytics layer. As Solana has grown into a primary venue for DeFi, memecoins, and tokenized real-world assets, demand for institutional-grade data on SOL and SPL tokens has grown alongside it. Glassnode's expansion into Solana-native metrics - from holder cohort analytics to ETF flow tracking and validator latency monitoring - reflects the chain's increasing weight in institutional portfolio construction. The platform is particularly relevant to entities managing Solana exposure at scale, conducting systematic research, or building data pipelines that need reliable, historically consistent on-chain and derivatives data for SOL and its ecosystem tokens.