Messari Report: Covalent is well-suited for serving applications that require common, broadly applicable data

Messari has released a summary of the Covalent (CQT) data availability report. In the report summary, Messari emphasizes the massive data availability of Covalent (CQT), which has billions of pieces of data. Compared to competitors that are only suitable for projects that require specialized datasets, Covalent (CQT) is currently the most suitable for providing services for applications that require general and widely applicable data.

Covalent (CQT) has built a protocol that can standardize data from multiple blockchains. Its unified API allows developers to reuse queries in supported networks, solving the problem of difficult access to blockchain data.

As of December 2023, Covalent supports more than 210 blockchains and plans to support more than 1,000 blockchains by the end of 2024.