AI TO FEATURE PROMINENTLY IN THE CRYPTO USER EXPERIENCE — NANSEN CEO

Last updated: June 20, 2025, 01:39 | Written by: Jed McCaleb

The cryptocurrency industry is rapidly evolving, attracting a wave of new users eager to explore the world of digital assets.However, a significant hurdle remains: user experience. So with Nansen 2, we made the interface much more streamlined and intuitive. Third, we integrated more AI throughout the product. Users now have several AI-powered features available and AI-driven workflows running in the background. In fact, the entire tech stack was rebuilt from the ground up in Nansen 2. AI Features: Personalized Signals andNavigating the complexities of blockchain technology, decentralized finance (DeFi), and on-chain data can be daunting for newcomers.Addressing this challenge is paramount for the industry's continued growth and mainstream adoption.Enter Artificial Intelligence (AI), hailed by many as the key to unlocking a seamless and intuitive crypto experience. AI to feature prominently in the crypto user experience Nansen CEO As the crypto industry attracts more users, developers are laser-focused on improving user experience, a major pain point for most new users.Alex Svanevik, CEO of Nansen, a leading on-chain analytics platform, is particularly bullish on AI's potential. As the crypto industry attracts more users, developers are laser-focused on improving user experience, a major pain point for most new users. Artificial Intelligence has often been seen as a technology that could improve how people use and interact with crypto. In the latest episode of Hashing It OHe believes AI will play a pivotal role in simplifying complex data, personalizing user interfaces, and ultimately, transforming how people interact with crypto. Svanevik is certain that AI will be integrated into cryptocurrency applications in a way that will significantly improve user experience. He explained that similar to Bing integrating ChatGPT, several crypto on-chain data platforms will use AI to help users find information more easily. According to the Nansen CEO, most of the results thatThis article delves into Svanevik's vision, exploring how AI is already being integrated into crypto platforms and what the future holds for this powerful synergy.

The User Experience Problem in Crypto

For those deeply immersed in the crypto world, concepts like blockchain explorers, gas fees, and smart contract addresses might seem second nature.But for the average person, these terms can be confusing and intimidating.This complexity creates a significant barrier to entry, preventing many potential users from fully participating in the crypto economy.

Consider these common pain points:

Understanding On-Chain Data: Deciphering transactions, wallet balances, and smart contract interactions requires specialized knowledge.
Navigating DeFi Platforms: Yield farming, liquidity pools, and impermanent loss are complex concepts that can lead to costly mistakes.
Security Concerns: Protecting private keys and avoiding scams requires constant vigilance.
Information Overload: The sheer volume of information available can be overwhelming, making it difficult to identify reliable sources and make informed decisions.

These challenges highlight the urgent need for user-friendly solutions that can bridge the gap between the technical intricacies of crypto and the everyday user.

AI as the Solution: Svanevik's Vision

Alex Svanevik, CEO of Nansen, believes that AI holds the key to solving the user experience problem in crypto. The trend has also extended into the crypto industry, which has witnessed a price surge in tokens associated with AI-related crypto projects. Svanevik is certain that AI will be integrated into cryptocurrency applications in a way that will significantly improve user experience.In a recent interview on the ""Hashing It Out"" podcast with Elisha Owusu Akyaw (GhCryptoGuy) from Cointelegraph, Svanevik emphasized AI's potential to simplify complex data and personalize the user experience.He envisions a future where AI-powered tools will seamlessly guide users through the crypto landscape, providing insights and recommendations tailored to their individual needs and goals.

Svanevik draws a parallel to the integration of ChatGPT into search engines like Bing.Just as ChatGPT helps users find information more easily and efficiently, AI can streamline the process of accessing and understanding on-chain data. The latest episode of Hashing It Out with Nansen CEO, Alex Svanevik, explores this topic and its potential to significantly improve the user experience. In this 30mins episode, you will learnInstead of sifting through raw data and complex charts, users will be able to ask simple questions and receive clear, concise answers powered by AI.

This vision is not just theoretical. Nansen CEO Alex Svanevik tells Hashing It Out that he is bullish that artificial intelligence will play a major role in the future of the crypto industry. As the crypto industry attracts more users, developers are laser-focused on improving user experience, a major pain point for most new users. Artificial Intelligence has often been seen as a technology that could improve how people use andNansen itself has already begun integrating AI into its platform, as highlighted by the launch of Nansen 2, which was rebuilt from the ground up with AI at its core.

Nansen 2: An Example of AI-Powered Crypto Analytics

Nansen 2 represents a significant step towards realizing Svanevik's vision of an AI-driven crypto experience.The platform incorporates several AI-powered features designed to simplify on-chain data analysis and provide users with actionable insights.

Personalized Signals

One of the key features of Nansen 2 is the use of AI to generate personalized signals. As the crypto industry attracts more users, developers are laser-focused on improving user experience, a major pain point for most AI to feature prominently in the crypto user experience Nansen CEOThese signals alert users to specific on-chain activities that are relevant to their interests and investment strategies.For example, a user might receive a signal when a whale moves a large amount of a particular token, or when a new DeFi project experiences a surge in activity.

AI-Driven Workflows

Nansen 2 also incorporates AI-driven workflows that automate many of the tasks traditionally performed by crypto analysts. According to the Nansen CEO, most of the results that platforms show users currently require substantial work, which can be changed to human-readable content with artificial intelligence. After several cryptocurrency platforms went bankrupt in 2025, institutions adopted a new standard called proof of reserve to provide transparency forThese workflows can identify trends, detect anomalies, and generate reports, freeing up users to focus on making strategic decisions. Cointelegraph s Elisha Owusu Akyaw (GhCryptoGuy) interviewed Nansen CEO Alex Svanevik about the importance of on-chain data and the use of artificial intelligence in crypto in Episode 8 ofThis allows even novice users to access sophisticated analytics without needing deep technical knowledge.

Streamlined Interface

Beyond specific AI features, Nansen 2 boasts a much more streamlined and intuitive interface compared to its predecessor.This improved user experience makes it easier for users to navigate the platform and find the information they need.The redesign focuses on making data more accessible and understandable, reducing the learning curve for new users.

How AI is Transforming the Crypto User Experience

Beyond Nansen, several other projects are leveraging AI to improve the crypto user experience. As the crypto industry attracts more users, developers are laser-focused on improving user experience, a major pain point for most new users. Artificial Intelligence has often been seen as a technology that could improve how people use and interact with crypto. In the latest episode of Hashing It Out, the integration of AI with crypto is discussed at length.Cointelegraph s Elisha Owusu AkyawHere are some examples:

AI-Powered Trading Bots: These bots automate trading strategies based on market analysis and user-defined parameters. Nansen CEO Alex Svanevik tells Hashing It Out that he is bullish that artificial intelligence will play a major role in the future of the crypto industry.They can help users make profitable trades even when they are not actively monitoring the market.
AI-Driven Security Tools: These tools use machine learning to detect and prevent scams, phishing attacks, and other security threats. Because the crypto trade attracts extra customers, builders are laser-focused on enhancing person expertise, a serious ache level for many new customers. Menu;They can help users protect their digital assets and avoid falling victim to fraud.
AI-Based Educational Resources: These resources provide personalized learning experiences tailored to individual user needs and skill levels.They can help users learn about crypto at their own pace and avoid feeling overwhelmed by complex concepts.
Predictive Analytics: AI is being used to predict price movements, identify promising projects, and assess risk.This can help users make more informed investment decisions.

These are just a few examples of how AI is already transforming the crypto landscape. As the crypto industry attracts more users, developers are laser-focused on improving user experience, a major pain point for most new users. Artificial Intelligence has often been seen as a technology that could improve how people use and interact with crypto.As AI technology continues to advance, we can expect to see even more innovative applications emerge.

The Benefits of AI in Crypto: A Deeper Dive

The integration of AI into the crypto space offers a multitude of benefits for both users and the industry as a whole. As the crypto industry attracts more users, developers are laser-focused on improving user experience, a major pain point for most new users. ArtificialLet's examine some of the key advantages in more detail:

Enhanced Accessibility

AI can break down the barriers to entry for new crypto users by simplifying complex information and providing intuitive interfaces. As the crypto industry attracts more users, developers are laser-focused on improving user experience, a major pain point for most new users. Artificial Intelligence has often been seen as a technology that could improve how people use and interact with crypto. In the latest episode of Hashing It Out, theAI-powered chatbots can answer questions, guide users through transactions, and provide personalized support. We bring everything ambitious crypto investors and teams need to make data-driven, onchain decisions in one platform. Access exclusive insights that no one else has. Surface alpha with a powerful no-code crypto analytics platform. Set up Smart Alerts to notify you of specific on-chain activities.This can make crypto more accessible to a wider audience, including those with limited technical knowledge.

Improved Decision-Making

AI can help users make more informed investment decisions by providing data-driven insights and predictive analytics.AI algorithms can analyze vast amounts of data to identify trends, detect anomalies, and assess risk. Cointelegraph By Elisha Owusu Akyaw As the crypto industry attracts more users, developers are laser-focused on improving user experience, a major pain point for most new users. Artificial Intelligence has often been seen as a technology that could improve how people use and interact with crypto. In the latest episode of Hashing It Out, the [ ]This can help users identify promising opportunities and avoid costly mistakes. [ad_1]As the crypto industry attracts more users, developers are laser-focused on improving user experience, a major pain point for most new users. Artificial Intelligence has often been seen as a technology that could improve how people use and intFor instance, AI can sift through massive datasets of on-chain activity to identify wallets that consistently generate profits, suggesting potential trading strategies to follow.

Increased Security

AI can play a crucial role in protecting users from scams and security threats. AI is set to revolutionize the crypto user experience, according to nansen_ai CEO ASvanevik. Stay ahead of the game and listen to the latest podcast episode of our Hashing It Out podcast with ghcryptoguy, now on Spotify and Apple Podcasts. As the crypto industry attracts more users, developers areAI-powered security tools can detect phishing attempts, identify malicious smart contracts, and monitor for suspicious activity.This can help users protect their digital assets and avoid falling victim to fraud.Imagine an AI flagging a smart contract as potentially malicious based on its code and interaction patterns, preventing users from unknowingly engaging with it.

Greater Efficiency

AI can automate many of the tasks traditionally performed by crypto analysts and traders, freeing up users to focus on more strategic activities.AI-powered trading bots can execute trades automatically based on pre-defined parameters.AI-driven analytics platforms can generate reports and identify trends, saving users time and effort.This increased efficiency can lead to improved productivity and profitability.

Personalized Experiences

AI can tailor the user experience to individual needs and preferences.AI algorithms can learn about a user's interests, goals, and risk tolerance, and provide personalized recommendations and insights.This can lead to a more engaging and rewarding crypto experience.Personalized news feeds, tailored investment suggestions, and customized learning paths are all possible with AI.

Proof of Reserve and AI: Building Trust in a Post-FTX World

The collapse of several cryptocurrency platforms in 2022 highlighted the importance of transparency and accountability in the crypto industry.In response, institutions are increasingly adopting Proof of Reserve (PoR) systems to demonstrate the solvency of their holdings.This involves cryptographically proving that they hold the assets they claim to possess.However, simply providing raw data isn't enough for the average user to understand.

This is where AI can play a crucial role.AI can be used to:

Interpret PoR data: AI can analyze complex PoR reports and translate them into human-readable summaries, making it easier for users to understand the financial health of a platform.
Compare PoR data across platforms: AI can compare PoR data from different platforms, highlighting any discrepancies or potential red flags.
Automate PoR auditing: AI can automate the process of auditing PoR data, ensuring that it is accurate and up-to-date.

By leveraging AI to analyze and interpret PoR data, the crypto industry can build greater trust and confidence among users.

Challenges and Considerations

While the potential benefits of AI in crypto are significant, it's important to acknowledge the challenges and considerations that need to be addressed.These include:

Data Privacy: AI algorithms require access to data in order to learn and improve.It's crucial to ensure that user data is protected and used responsibly.Implementing robust data privacy measures, such as anonymization and encryption, is essential.
Bias: AI algorithms can be biased if they are trained on biased data.It's important to ensure that training data is representative and unbiased.Careful monitoring and mitigation strategies are needed to address potential biases.
Security Risks: AI systems can be vulnerable to attacks.It's important to implement robust security measures to protect AI systems from hacking and manipulation.This includes securing the AI models themselves and the infrastructure they rely on.
Regulation: The use of AI in crypto is still largely unregulated.It's important to develop clear and comprehensive regulations to ensure that AI is used responsibly and ethically.This is a complex area, requiring collaboration between industry stakeholders and regulatory bodies.
Explainability: The ""black box"" nature of some AI algorithms can make it difficult to understand how they arrive at their conclusions.Improving the explainability of AI systems is crucial for building trust and accountability.Users need to understand *why* an AI made a certain recommendation, not just *what* the recommendation is.

Addressing these challenges is essential for realizing the full potential of AI in crypto and ensuring that it is used in a safe, responsible, and ethical manner.

The Future of AI in Crypto

Looking ahead, the future of AI in crypto appears bright.As AI technology continues to evolve, we can expect to see even more innovative applications emerge, further transforming the user experience.Some potential future developments include:

More sophisticated AI-powered trading bots: These bots will be able to adapt to changing market conditions and execute more complex trading strategies.
AI-driven risk management tools: These tools will be able to identify and mitigate various types of risk, such as market risk, credit risk, and liquidity risk.
AI-based decentralized autonomous organizations (DAOs): AI could be used to automate the governance and decision-making processes of DAOs.
Hyper-Personalized DeFi experiences: AI will enable DeFi platforms to tailor their offerings to the specific needs and risk profiles of individual users.
Seamless Integration with the Metaverse: AI will play a key role in creating immersive and engaging experiences within the metaverse, including AI-powered avatars and virtual assistants.

These developments have the potential to revolutionize the crypto industry and make it more accessible, efficient, and secure for everyone.

Conclusion: Embracing the AI Revolution in Crypto

As Alex Svanevik of Nansen aptly points out, AI is poised to revolutionize the crypto user experience.By simplifying complex data, personalizing user interfaces, and automating various tasks, AI can make crypto more accessible, efficient, and secure for everyone.The integration of AI into platforms like Nansen 2 demonstrates the tangible benefits of this technology, paving the way for a future where crypto is truly user-friendly.

While challenges remain, the potential rewards are too significant to ignore.By embracing AI and addressing the associated concerns, the crypto industry can unlock its full potential and usher in a new era of mainstream adoption.Key takeaways:

AI is critical for improving the crypto user experience.
Nansen is leading the way with AI-powered on-chain analytics.
AI can enhance accessibility, security, and decision-making in crypto.
Addressing data privacy, bias, and security risks is essential.
The future of AI in crypto is bright, with numerous potential applications.

Now is the time to embrace the AI revolution and build a crypto ecosystem that is truly accessible and empowering for all.Consider exploring platforms like Nansen to experience firsthand how AI is transforming the world of crypto analytics.Stay informed about the latest AI developments and advocate for responsible and ethical AI implementation within the industry.