Etherscan Expands its Portfolio with Acquisition of Solscan.io, a Solana Blockchain Explorer

Etherscan Expands Services with Acquisition of Solscan.io

The popular block exploring platform for the Ethereum blockchain, Etherscan, has announced its expansion with the acquisition of Solscan.io, the Solana blockchain explorer. This collaborative merger aims to improve the accessibility of blockchain data across multiple networks and contribute to mainstream adoption.

Solscan.io, founded in 2021, is a leading explorer of the Solana blockchain and offers similar features to Etherscan, including detailed information on addresses, tokens, transactions, APIs, dashboards, and NFT metadata.

Etherscan Integrates Solscan.io for Multi-Network Data Access

The integration of Solscan.io on Etherscan will allow users to access blockchain data on multiple networks. Matthew Tan, CEO and founder of Etherscan, expressed excitement about the expertise and user-friendly approach of the Solscan team aligning with Etherscan’s mission.

This interest in Solscan may be driven by the recent appreciation of the Solana blockchain. SOL has experienced a 70% pump in the last month and currently holds the fifth position in terms of market capitalization.

Code Reader: AI Tool for Smart Contract Codes

In addition to the acquisition news, Etherscan had previously launched a beta version of “Code Reader,” an AI tool designed to provide in-depth information about smart contract codes. This tool simplifies complex information contained in crypto contracts and offers explanations and functions for better understanding.

Hot Take: Etherscan Expands its Reach with Solscan.io Acquisition

Etherscan’s acquisition of Solscan.io demonstrates their commitment to expanding services and improving accessibility for blockchain users. The integration of Solscan.io will enhance multi-network data access on Etherscan’s platform, providing users with a comprehensive view of different blockchains. This move also highlights the growing importance and value of the Solana blockchain in the crypto market. With the addition of Code Reader, Etherscan continues to innovate and provide tools that simplify the understanding of smart contract codes. Overall, this acquisition solidifies Etherscan’s position as a leading blockchain exploration platform.