Etherscan Buys Solscan Amid Solana’s Brief Rally
Etherscan acquires Solscan amid Solana's surge, enhancing blockchain data access and driving SOL to the fifth-largest cryptocurrency.
Amid the Solana rally, Etherscan, known for its Ethereum blockchain explorer, started the year by acquiring Solscan, a top Solana blockchain explorer.
Solscan started its operation in 2021, they have amassed over three million monthly users and a significant following on X (formerly Twitter), offering similar features to Etherscan, like detailed blockchain data and NFT metadata.
Etherscan’s purpose for this acquisition is to provide equal access to blockchain data across different networks. This acquisition will bring new features and better support for users.
CEO of Etherscan, Matthew Tan praised Solscan's team for their expertise and user-friendly data insights, aligning with Etherscan's goals.
Solana's cryptocurrency, SOL, recently surpassed BNB by market cap making it the fourth-largest cryptocurrency for a short while before being overtaken by BNB again. SOL is now the fifth-largest cryptocurrency, trading at $110.
