Best Blockchain Analysis Software 2025

What is Blockchain Analysis Software?

Blockchain analysis software monitors, classifies, and investigates blockchain addresses and transaction data. This information is used to manage financial risk, combat financial crimes, and to comply with regulations associated with cryptocurrency assets. It provides real-time risk scoring for blockchain transactions and security scoring for smart contracts.

The three major users of blockchain analysis software are:

• Cryptocurrency businesses, also known as VASPs (Virtual Asset Service Providers). They use blockchain analysis software for fraud prevention, risk mitigation, anti-money laundering (AML), and to comply with local and global regulations. These businesses perform the transfer, exchange, safekeeping, and administration of virtual assets. They provide financial services related to the offer or sale of a virtual asset and for the exchange of virtual assets with fiat currencies.

• Financial institutions use these products for risk management and AML efforts.

• Governments and regulators use these tools to investigate financial crimes.

Blockchain analysis software can trace the flow path, and determine the source, destination, and transaction amount of funds. This process is commonly referred to as “KYT” – Know-Your-Transaction. They can also help organizations discover the real-world identity of blockchain addresses, known as “KYC”– Know-Your-Customer.

Machine learning is used to identify fraud and evaluate the risk level of cryptocurrency assets and transactions. This is based on monitoring the behaviors of known malicious blockchain wallets and uncovering irregularities in transaction activities.

Blockchain Analysis Software Features

• Automated transaction monitoring

• Real-time risk scoring for VASPs, crypto wallets, and blockchain transactions

• Traces and visualizes blockchain flow path

• Determines source, destination, and amount of blockchain transactions (KYT)

• Discovers real-world identity of blockchain addresses and wallet holders (KYC)

• Crypto wallets scanning and forensics for AML and sanctions compliance

• Cross-chain analytics across crypto assets and addresses

• Security scoring for smart contracts by analyzing contract source code

• Detects patterns of risky activity

• Configure risk-based rules engine

• Customizable real-time alerts

• Prevents withdrawals to blacklisted addresses

• Helps freeze deposits from hacks, scams, and ransomware

• Integrated compliance workflow with audit trail

• Captures data regarding VASPs, cryptocurrency addresses, and transactions

• Crypto business profiling – assesses risk for VASPs (KYV – know-your-VASP)

• Search capability for crypto addresses, transactions, entities, or events

Blockchain Analysis Software Comparison

Consider the following when purchasing blockchain analysis software:

Use Case: Blockchain analysis software includes a variety of tools supporting blockchain transaction and address monitoring, risk analysis, and investigations. Many vendors have products tailored for specific organizations, such as VASPs, financial institutions, and governments.

Pricing Information

Vendors require that a price quote be obtained for their products and services. Blockchain analysis use cases and environments are highly variable, so most vendors will offer bespoke quotes to fit a given organization’s needs.