Etherscan expands into Solana ecosystem through acquisition of Solscan.

Solana ecosystem block explorer Solscan has been acquired by Etherscan. announcement It’s January. three.

Solscan’s announcement today represents a notable move in the blockchain industry as it joins Polygonscan within the Etherscan block explorer suite. Founded in 2015, Etherscan is one of the first cryptocurrency projects primarily focused on the EVM space. We also provide an explorer-as-a-service product for blockchain explorers.

Since its founding in 2021, Solscan has emerged as a leading explorer within the Solana ecosystem, reaching over 3 million monthly users. The suite, including detailed addresses, tokens, transaction information, APIs, dashboards, and NFT metadata, mirrors the services provided by Etherscan but on the Solana network.

According to Solscan’s announcement, the combination with Etherscan will bring a series of improvements and innovations, including “integrating additional useful features across both Etherscan and Solscan to enhance the exploration and analysis capabilities of both platforms.”

The merger’s roadmap outlines several key developments, and users can reportedly expect new features that will enhance the user experience. This includes improvements to the user interface, navigation, and overall accessibility to provide improved support and a smoother user experience.

Solscan promises to maintain its commitment to the Solana community, ensuring “unparalleled blockchain exploration services.” The two organizations’ shared vision focuses on providing trustworthy, neutral and equitable access to blockchain data, which reportedly supports efforts to ensure transparency and fairness in the blockchain space.

Matthew Tan, CEO and founder of Etherscan, emphasized aligning Solscan’s expertise in making blockchain data accessible and user-friendly with Etherscan’s mission. He expressed excitement about the potential this acquisition has to further contribute to the blockchain ecosystem.

“The Solscan team has proven its expertise over many years by providing detailed insights and analysis. “Their expertise in making blockchain data accessible and user-friendly aligns perfectly with Etherscan’s mission.”

Solana has risen 320% on Ethereum since September 2023, rising from 0.010 ETH to 0.045 ETH per SOL. At the December 2022 low after the FTX fallout, 1 SOL was worth just 0.0066 ETH. Solana has also increased by 560% in US dollars since September 2023, rising from $16 to $106.

Etherscan’s acquisition of Solscan further highlights the resurgence of the Solana ecosystem, with notable players in the Web3 space seeing the value of Solana-based technology.