Etherscan Expands Reach with Solscan Acquisition

Etherscan has officially acquired Solscan, a prominent block explorer within the Solana ecosystem. The collaboration aims to enhance data accessibility and support across various networks.

Solscan’s block explorer offers a range of features, including detailed address, token, and transaction data, along with APIs, dashboards, and NFT metadata.

Etherscan’s Commitment to Neutral Data Access

Post-acquisition, the blockchain company pledges to maintain “credibly neutral and equitable access to blockchain data.” The integration of additional features across explorers and heightened support services are part of Etherscan’s ongoing efforts.

Etherscan CEO Matthew Tan expressed confidence in Solscan’s expertise, emphasizing their alignment with Etherscan’s mission of making blockchain data accessible and user-friendly.

Solana’s Market Surge

The acquisition move coincides with a notable surge in Solana’s market value. On December 22, Solana briefly surpassed Binance Chain’s BNB in market capitalization, following its earlier overtaking of XRP. The SOL token experienced a 60% rally in the last 30 days, reaching over $100 in late 2023, a level not seen since 2022.

As of the latest data from CoinGecko, Solana is trading at $110, representing a 3.5% decrease in the past 24 hours. With a market cap of nearly $47 billion, SOL currently holds the fifth position among cryptocurrencies.