10 Blockchain Analysis Tools Compared

Blockchain analysis tools put names on addresses and show where money went. Here are ten.

We make the first tool on the list, so read that entry as the maker's view. For the other nine, we checked every product name and figure against the vendor's own site on 2 October 2026. Several had changed since this post first ran: products were renamed, merged or dropped.

The ten at a glance

Tool	Main use	Products today
Bitquery	Tracing by asking an AI, plus raw data	MCP server, APIs, investigation service
Uppsala Security	Risk scores and visual tracing	CARA, CATV
TRM Labs	Investigations and monitoring	Forensics, Transaction Monitoring, Co-Case Agent
Elliptic	Payment and wallet screening	Lens, Investigator
Chainalysis	Monitoring and investigations	KYT, Reactor, Hexagate, Alterya
AnChain.AI	Investigations, data and contract risk	CISO, Data API, SCREEN
Merkle Science	Monitoring and tracing	Compass, Tracker, KYBB
Crystal Intelligence	Analytics for compliance teams	Crystal Expert
Lukka	Analytics on audited data	Blockchain Analytics and Compliance
Solidus Labs	Market surveillance	HALO

Why these tools exist

In January 2015 a former FBI agent, Ilhwan Yum, told a New York court how he had followed 3,760 bitcoin payments from the Silk Road servers to Ross Ulbricht's laptop. The payments covered twelve months and about 700,000 bitcoins. The case showed that a public ledger can be used as evidence.

Every payment on a public chain is visible, but no name is attached. The tools below close that gap in three ways:

• Labels. They tie addresses to exchanges, mixers, scams and other known groups.
• Risk scores. They check each payment against those labels before a business accepts it.
• Graphs. They draw the flow of funds so a person can follow it.

1. Bitquery

Bitquery indexes chain data and lets you query it three ways.

The newest is the MCP server. You connect it to Claude, ChatGPT or Cursor and ask in plain English where the funds from an address went. The AI calls Bitquery's tracing tools, follows each hop, and names the labeled exchanges and mixers on the path. Tracing covers Bitcoin, Ethereum, Tron, Solana and other chains.

The second way is the API and the real-time streams, for teams that build their own monitoring. The third is the investigation service, where Bitquery's own team traces the funds and writes the report.

Prices are public. The pricing page lists API plans from $49 per month with a seven-day trial. The MCP plan that includes tracing costs $149 per month, and a trial comes with 100 free credits.

2. Uppsala Security

Uppsala Security sells risk tools for crypto compliance. CARA, short for Crypto Asset Risk Assessment, scores the risk of an address. CATV, short for Crypto Asset Transaction Visualization, draws the payments going in and out of a wallet.

3. TRM Labs

TRM Forensics is TRM's tool for investigations. Transaction Monitoring watches payments on an ongoing basis. In March 2026 TRM launched Co-Case Agent, an AI helper inside Forensics that turns plain-language prompts into tracing steps.

4. Elliptic

Lens is Elliptic's screening product for payments and wallets, and its page lists 60+ blockchains and 250+ bridges. Navigator, which older lists name as a separate product, no longer has a page of its own: Elliptic's February 2026 update moved its users onto the new Lens. Investigator is the tool for tracing.

5. Chainalysis

KYT monitors payments for risk, and Reactor is the graph tool that investigators use. Chainalysis has also bought two firms: Hexagate in December 2024, which spots attacks on chain as they happen, and Alterya in January 2025, which screens for scams.

6. AnChain.AI

AnChain.AI was founded in 2018. CISO is its platform for investigations and compliance. Its data product, once called the BEI API, is now sold as a Data API with an MCP option. SCREEN scores the risk of a smart contract.

7. Merkle Science

Merkle Science has three products. Compass monitors payments and wallets. Tracker is for tracing, and the firm says it covers 10,000+ assets and 200 bridges. KYBB, short for Know Your Blockchain Business, is for checks on a crypto firm you plan to deal with.

8. Crystal Intelligence

Crystal Intelligence used to be called Crystal Blockchain. Its main product is Crystal Expert, an analytics tool for compliance teams and investigators. The firm says it covers 330+ blockchains.

9. Lukka

Lukka bought Coinfirm in May 2024, and the Coinfirm name has since been retired. The tool is now sold as Blockchain Analytics and Compliance, on top of Lukka's audited data.

10. Solidus Labs

Solidus Labs watches markets more than wallets. Its HALO platform looks for wash trading and spoofing across trading venues, and it joins that with payment monitoring and case handling in one place.

How to choose

Start with the job. A bank or exchange that must screen every deposit needs monitoring: Chainalysis KYT, Elliptic Lens, TRM or Merkle Science Compass. A team that works cases needs a tracing tool: Reactor, TRM Forensics, Crystal Expert or Bitquery. A trading venue worried about market abuse should look at Solidus Labs.

Then try before you buy. With Bitquery you can start a trial and trace a real address the same day, which is a fair test of whether an AI route suits your work.

Related reading

• Tracing Bitcoin transactions and addresses
• Crypto investigation certifications
• Cryptocurrency money laundering explained

First published in August 2020. Updated on 2 October 2026 by the Bitquery team: product names and figures were checked on each vendor's site, and AI tools helped with the checks and the redraft. Bitquery makes the first tool on this list.