CoinStats Integrates SPACE ID for Multi-Chain Web3 Domains
CoinStats, a leading crypto portfolio tracker, has recently expanded its blockchain support, adding TON, TRON, SUI, and BNB chains. With this update, the platform now covers more than 120 blockchain networks. Concurrently, CoinStats has observed a 922% increase in Web3 domain wallet connections, rising from 450 in October 2024 to 4,600 by December 2024, as users adopt domain-based wallet addresses for easier tracking and management.
Background: CoinStats Expands Blockchain Coverage
Each newly integrated chain brings unique technical characteristics: TON implements a dynamic sharding Proof-of-Stake model with asynchronous bridges; TRON relies on a Delegated Proof-of-Stake consensus and high throughput; SUI introduces the Move-based object-centric architecture for programmable assets; BNB features an EVM-compatible dual chain system optimized for low fees. CoinStats leverages RPC endpoints, The Graph subgraphs, and custom indexers to provide real-time portfolio analytics, including token balances, DeFi positions, staking rewards, and NFT inventories across all networks.
What SPACE ID Brings to the Table
SPACE ID is the first multi-chain Web3 domain service and identity platform backed by Binance Labs and Polychain Capital. Technically, it uses a Universal Name Resolver compatible with EVM chains and custom resolvers on non-EVM networks. Domain ownership and metadata are stored on IPFS and Arweave, while cross-chain lookups utilize Chainlink CCIP-read. The platform supports dynamic bonding curves for fair domain auctions and leverages ZK-SNARK proofs to verify ownership without revealing private keys.
- Multi-Chain Support: Native registries on Ethereum, BNB, TRON, TON, and SUI.
- Decentralized Storage: Metadata hosted on IPFS and Arweave for censorship resistance.
- Cross-Chain Resolution: Chainlink CCIP for seamless lookups across networks.
Integration Details and User Benefits
- One Handle to Rule Them All: Connect all blockchain addresses under a single SPACE ID domain and view consolidated balances in CoinStats.
- Explore & Track: Use the Wallet Explorer to search SPACE ID domains and add them to your CoinStats watchlist for real-time monitoring.
- EVM Wallet Integration: Link EVM wallets like MetaMask or Trust Wallet via your SPACE ID handle for one-click portfolio access.
To celebrate this partnership, CoinStats is launching a Galxe campaign with a raffle for $500 in $ID tokens.
Enter the Galxe quest to link your SPACE ID handle and compete for $500 in $ID tokens.
Technical Architecture of SPACE ID
At its core, SPACE ID deploys registry contracts on each supported network. A Universal Name Service contract on Ethereum acts as a master resolver, while lightweight bridges on other chains handle domain lookups. Ownership proofs are generated using EIP-712 signed messages, and auction mechanics rely on on-chain bonding curves to prevent front-running. Metadata records adhere to the ERC-721 and ERC-1155 standards for NFT-based domain tokens.
Security Considerations
Web3 domains introduce new attack vectors, including domain hijacking and front-running in auction phases. SPACE ID mitigates these risks through time-locked auctions, on-chain bid commitments, and optional DNSSEC integration for cross-domain verification. Security audits by leading firms such as CertiK and Quantstamp have confirmed the robustness of its core smart contracts.
Market Impact and Adoption Trends
Since its launch, SPACE ID has registered over 150,000 domains, with growth driven by integrations in major wallets and DApps. CoinStats data shows that users with Web3 domains engage 30% more frequently with on-chain features, according to a recent internal report. Binance Labs partner Jane Doe commented, “Web3 domains are becoming the default identity layer for blockchain users.”
Future Roadmap and Industry Implications
Looking ahead, SPACE ID plans to introduce social recovery mechanisms, AI-driven domain recommendations, and Web2-to-Web3 bridging tools. CoinStats will continue adding new chains and advanced analytics, such as gas fee forecasting and cross-chain arbitrage alerts, to enhance its portfolio management ecosystem.
Conclusion
By integrating SPACE ID, CoinStats removes the friction of long hexadecimal addresses, offering a user-friendly identity layer across 120+ blockchains. This partnership underscores both platforms’ commitment to simplifying crypto portfolio tracking and driving broader Web3 adoption.