Releasing the Kraken
xAlliance backs the evolution of the Octools token tracking platform
xAlliance is pleased to announce that Octools has been selected as a recipient of the xAlliance Community Grant, supporting its mission to improve token tracking and data accessibility within the MultiversX ecosystem.
As the MultiversX ecosystem continues to expand, real-time access to accurate, comprehensive token data has become increasingly critical. Octools provides a unified platform for tracking key token information—including liquidity, transaction history, price movement, and holder distribution—allowing both new and experienced users to make better-informed decisions.
Addressing a Key Challenge on MultiversX
While platforms like Dexscreener have begun to integrate MultiversX data, Octools remains the only tool that tracks all transactions without errors, ensuring accuracy across both new and established tokens. When new tokens launch, it can be difficult to find consolidated, real-time data in a single place. Octools solves this by:
Providing full visibility into token activity—showing liquidity pool details, top holders, and transaction flows.
Offering historical transaction tracking—enabling users to monitor token performance over time.
Enhancing accessibility—aggregating multiple data sources into one user-friendly platform.
This grant will allow Octools to scale its infrastructure and enhance its feature set, ensuring that MultiversX users have access to high-quality token analytics that support a more transparent and efficient ecosystem.
Grant Use
With this grant, Octools will:
Upgrade its backend infrastructure—ensuring the platform remains scalable and responsive as user demand grows.
Expand its feature set—including the development of NFT analytics and the ability to track staked NFT holdings.
Enhance accessibility and integrations—ensuring tools like Saturn and other community-driven projects can directly incorporate Octools data.
Improve social media and community outreach and education—helping more users discover and benefit from the platform’s capabilities and learn about MultiversX along the way.
By supporting Octools, xAlliance is reinforcing the foundational infrastructure necessary for builders, traders, and community members to interact with the MultiversX blockchain in a more data-driven way.
Accelerating MultiversX Ecosystem Growth
Accurate, real-time data availability is critical for the adoption and expansion of any blockchain ecosystem. Octools plays a vital role by making token data more accessible, transparent, and actionable, directly benefiting:
Developers, who need reliable data for building and integrating decentralized applications.
Traders and investors, who require up-to-date insights into liquidity and market movements.
Community members, who can track their token holdings and transactions in a more user-friendly way.
Beyond immediate improvements, this grant aligns with xAlliance’s broader mission of accelerating ecosystem growth by supporting impactful, community-driven projects that fill crucial infrastructure gaps within MultiversX.
What’s Next?
With an ambitious roadmap ahead, Octools aims to roll out several key features leading up to July 2025, including:
Infrastructure migration to a more robust backend.
Development of wallet tracking features for enhanced user personalization.
Refactoring of transaction modules to further improve accuracy and efficiency.
Strategic partnerships to integrate Octools data across more ecosystem tools.
Launch of Octools V3, marking a major step forward in platform capability.
These advancements will provide MultiversX users and projects with a more reliable, comprehensive, and accessible way to track token activity, ensuring access to market data.
Accelerating MvX
Octools represents the kind of high-impact, community-driven innovation that xAlliance is committed to supporting. By funding essential infrastructure, we help ensure that the entire MultiversX ecosystem benefits from better accessibility, transparency, and usability.
For builders looking to accelerate their projects within MultiversX, xAlliance welcomes grant applications from teams working on solutions that drive meaningful adoption and ecosystem growth.
Learn more about xAlliance and the Community Grant program.
It’s always time to build.
About Octools:
Octools provides real-time tracking and analysis of all tokens on the MultiversX blockchain. With a user-friendly interface and in-depth analytics, it simplifies navigation and trading within the ecosystem.