Etherscan Acquires Solana’s Solscan.io in Expansion Strategy

Ethereum’s block explorer and analytics platform Etherscan has acquired Solscan.io to enhance blockchain data accessibility.

Solana coins working on a stategy.
Created by Kornelija Poderskytė from DailyCoin
  • Etherscan has announced a new acquisition to further its vision.
  • The analytics platform has acquired Solana’s top block explorer.
  • The acquisition aims to enhance blockchain data accessibility.

Block explorer and analytics platform for Ethereum, Etherscan, has acquired a prominent block explorer for the Solana ecosystem, according to an announcement made on Wednesday.

Created in 2015 by software engineer Matthew Tan, Etherscan is a free-to-use platform that allows users to track ETH wallets and access information on Ethereum-based tokens and smart contracts, including the latest data on network congestion and average gas fees.

Etherscan Acquires Solscan.io to “Expand Blockchain Data Services”

In a statement dated January 3, Etherscan announced that it had acquired Solana’s top block explorer Solscan.io as part of its ongoing efforts to improve the accessibility of blockchain data across multiple networks.

Sponsored

Besides tapping into Solscan’s user base, which is estimated at over three million monthly users, Etherscan will leverage the block’s “many features” that are already familiar to its 5 million active monthly users, including detailed address, token, and transaction information, as well as APIs, dashboards and NFT metadata.

“The Solscan team has proven their expertise over the years by offering detailed insights and analytics. Their expertise in making blockchain data accessible and user-friendly also aligns perfectly with our mission at Etherscan,” Etherscan CEO and founder Matthew Tan stated.

Following the acquisition, the Etherscan team has an elaborate plan to help the “entire blockchain community fulfill its promise and gain mainstream adoption.”

Next Steps

Per the announcement, the acquisition of Solscan paves the way for Etherscan to continue executing its vision of providing “credibly neutral and equitable” access to blockchain data by integrating additional features across explorers and enhancing support for a more seamless user experience.

In a follow-up post on X (Twitter), Solscan noted that the acquisition was a “momentous step in the world of blockchain exploration” and promised “continued excellence” on Solana.

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This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

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Brian Danga

Brian Danga is a crypto reporter at DailyCoin covering breaking news. Brian has minor holdings in Bitcoin and Ethereum.

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