- Summary:
- Solana has been on the rise since the last quarter of 2023 and Etherscan has made a strategic move into the Solana ecosystem through Solscan.
Leading blockchain explorer and analytics company, Etherscan, has announced that it has acquired Solscan, a Solana blockchain explorer. According to Etherscan, the acquisition is an effort to make blockchain data more accessible across various networks. Described by Etherscan as a “collaborative merging,” the acquisition will allow the company to broaden its blockchain data offerings to cover more networks.
With more than three million unique monthly users since its launch in 2021, Solscan has become an essential data source for the Solana community. Similar to Etherscan, it provides an intuitive interface for analysing Solana’s address, token, transaction, and NFT metadata.
Additionally, Solscan offers blockchain analytics dashboards that can customised, as well as developer APIs. Integrating Solscan is a strategic move by Etherscan, as it will significantly increase its visibility in the rapidly expanding Solana ecosystem. Furthermore, the merger will create a strong foundation for traders, developers, and casual users to access reliable Solana and Ethereum data by bringing two top platforms together.
With this acquisition, Etherscan continues its mission to make insights more accessible across different blockchain networks. Included in this are plans to incorporate useful functionality into the Solscan and Etherscan platforms. Solscan has committed to delivering on its promises of improved usability, new features, and ongoing excellence on Solana.
Solana has for a long time been viewed as a potential “Ethereum killer”, and its recent run signals a possible bull run as the crypto market gathers steam.