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Ethereum Blockchain Data Platform Etherscan Acquires Solana Ecosystem’s Block Explorer Solscan

January 4, 2024
in Altcoin
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Ethereum Blockchain Data Platform Etherscan Acquires Solana Ecosystem’s Block Explorer Solscan
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Etherscan, Ethereum’s (ETH) blockchain data explorer, has acquired its counterpart in the Solana (SOL) ecosystem, Solscan.

Solscan launched in 2021 and has served more than 3 million monthly users since then, according to a press release announcing the acquisition.

Both websites offer address information, token and transaction data, application programming interfaces (APIs), dashboards and non-fungible token (NFT) metadata.

Matthew Tan, chief executive and founder of Etherscan, says the Solscan team has proven their expertise and offered detailed insights and analytics.

“Their expertise in making blockchain data accessible and user-friendly also aligns perfectly with our mission at Etherscan.” 

In the acquisition announcement, the Etherscan team pledges to continue providing “credibly neutral and equitable access to blockchain data.” They also plan to integrate additional features across both explorers.

The Solscan purchase comes amid a particularly ascendant period for Solana. The Ethereum rival’s native token, SOL, is trading at $98.86 and is up more than 313% in the past three months. The 5th-ranked crypto asset by market is down more than 8% in the past 24 hours, however.

ETH, by contrast, is up around 27% since the beginning of October. The second-ranked crypto asset by market cap is trading at $2,208 at time of writing and is down more than 6.5% in the past 24 hours.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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