Brandwave

Token Terminal vs TRM Labs:Which is more popular?

In September 2026, TRM Labs had more branded searches than Token Terminal among blockchain analytics platforms worldwide. TRM Labs had about 15,700 branded searches, while Token Terminal had 8,100. TRM Labs made up 7% of all blockchain analytics platform searches we track, and Token Terminal accounted for 3.6%. When we asked ChatGPT and Google AI Overviews about blockchain analytics platforms, TRM Labs appeared in three of the five answers and Token Terminal in two. TRM Labs was mentioned before Token Terminal in two out of three answers that named either.

Among blockchain analytics platforms worldwide in September 2026

Who do people search for more?

TRM Labs, about 94% more searches than Token Terminal

TRM Labs 15.7K searchesToken Terminal 8.1K searches

Who does AI mention more?

TRM Labs, mentioned in 3 of 5 answers, Token Terminal in 2

TRM Labs in 3 of 5Token Terminal in 2 of 5

Who does AI recommend more?

TRM Labs, named ahead of Token Terminal in 2 of 3 answers

TRM Labs first in 2Token Terminal first in 1

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Top blockchain analytics platforms in ChatGPT and Google AI Overviews

In three ChatGPT questions and two Google AI Overviews, TRM Labs was mentioned in three out of five: in two of the three ChatGPT answers and in one of the two Google AI Overviews. Token Terminal was mentioned in two out of five: in one of the three ChatGPT answers and in one of the two Google AI Overviews. TRM Labs was listed before Token Terminal in two out of three answers that named either.

Most recommended by AI

Brands get a higher ranking if they are mentioned earlier in the answers.

  1. Chainalysis1st
  2. Dune2nd
  3. Nansen3rd
  4. Elliptic4th
  5. TRM Labs5th
  6. DefiLlama6th
  7. Arkham7th
  8. Glassnode8th
  9. Scorechain9th
  10. Token Terminal10th

Mentioned by AI

Each dot is one answer, filled in when that answer mentions the brand.

  • Chainalysis5 of 5Named in 3 of 3 ChatGPT answersNamed in 2 of 2 Google answers
  • Elliptic4 of 5Named in 2 of 3 ChatGPT answersNamed in 2 of 2 Google answers
  • DefiLlama3 of 5Named in 2 of 3 ChatGPT answersNamed in 1 of 2 Google answers
  • Nansen3 of 5Named in 2 of 3 ChatGPT answersNamed in 1 of 2 Google answers
  • TRM Labs3 of 5Named in 2 of 3 ChatGPT answersNamed in 1 of 2 Google answers
  • Dune3 of 5Named in 2 of 3 ChatGPT answersNamed in 1 of 2 Google answers
  • Arkham2 of 5Named in 2 of 3 ChatGPT answersNamed in 0 of 2 Google answers
  • Glassnode2 of 5Named in 1 of 3 ChatGPT answersNamed in 1 of 2 Google answers
  • Token Terminal2 of 5Named in 1 of 3 ChatGPT answersNamed in 1 of 2 Google answers
  • Scorechain2 of 5Named in 0 of 3 ChatGPT answersNamed in 2 of 2 Google answers

See every answer about blockchain analytics platforms

5 answers

Brands are shown in the order each answer named them. The survey took place in the United States on October 20, 2026.

Is Token Terminal or TRM Labs more popular in search?

This chart shows how often people search Google for Token Terminal and TRM Labs by name. Each line represents a brand's share of searches for all ten blockchain analytics platforms we track, month by month, from English-language searches worldwide.

Token Terminal and TRM Labs among blockchain analytics platforms worldwide, by month

Share of searches by month for TRM Labs, Token Terminal. The figures are in the table below the chart.

View monthly share of searches table
MonthDefiLlamaNansenArkhamChainalysisTRM LabsEllipticGlassnodeToken TerminalDuneScorechain
Oct 202543.3%10.6%14.7%7.1%2.8%3.9%8.7%4.7%3.9%0.34%
Nov 202534.4%12.7%17.2%8.5%3.3%4.6%10.4%3.8%4.6%0.5%
Dec 202537%11.1%15%9.1%4.3%4.9%9.1%4%4.9%0.53%
Jan 202633.6%12.3%16.7%10.1%4.8%6.7%6.7%3%5.5%0.48%
Feb 202630.7%11.3%18.7%11.3%5.3%6.1%9.2%2.7%4.1%0.54%
Mar 202630.8%13.8%15%11.3%5.4%6.2%9.2%2.7%5%0.54%
Apr 202632.5%11.9%16.1%11.9%4.7%6.5%7.9%2.4%5.3%0.7%
May 202632.6%11.9%16.2%11.9%5.6%8%6.5%2.9%3.6%0.71%
Jun 202634.2%12.5%13.8%10.2%7.2%6.8%8.4%3%3%0.74%
Jul 202635.7%13.1%11.9%10.7%6.2%7.1%8.7%2.6%3.2%0.77%
Aug 202636.8%13.5%12.2%11%6.4%6%7.4%2.7%3.3%0.65%
Sep 202640.6%12.2%11%10%7%6.6%5.4%3.6%3%0.58%

How has the Token Terminal and TRM Labs comparison changed over the last 12 months?

3 findings

How did search popularity change for blockchain analytics platforms worldwide in September 2026?

2 changes

  1. In September 2026, TRM Labs overtook Glassnode to rank 5th among blockchain analytics platforms worldwide, with 7% of the searches.

  2. In September 2026, Token Terminal overtook Dune to rank 8th among blockchain analytics platforms worldwide, with 3.6% of the searches.

How are branded searches counted?

3 search terms

Brandwave collects information about searches that people make online using Token Terminal’s and TRM Labs’ names. When viewed over time, estimated search volumes for these branded terms can be used to understand whether interest in the brands is growing, holding steady, or fading.

Token Terminal

1 branded search term

  • token terminal

TRM Labs

2 branded search terms

  • trm labs
  • trmlabs

How the Brand Demand Index is measured

Other head-to-heads among blockchain analytics platforms

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