Ethereum Mainnet explorer Etherscan announced the acquisition of Solscan, one of many major Solana ecosystem block explorers. In line with Etherscan’s put up, the event is a collaborative merger that displays its ongoing efforts to incorporate increasingly networks within the scope of its blockchain information companies.
Solscan was launched in 2021. In line with Cointelegraph information, the explorer has over three million month-to-month customers. It additionally has a strong group of followers on X. A lot of its options are just like Etherscan’s, together with detailed transaction information, deal with, token, APIs, NFT metadata, and dashboards.
The acquisition won’t impression both explorer’s objectivity and entry to blockchain information, the announcement notes. Etherscan additionally intends to supply enhanced assist and combine extra options throughout networks. Etherscan CEO and co-founder Matthew Tan mentioned:
The Solscan staff has confirmed their experience over time by providing detailed insights and analytics. Their experience in making blockchain information accessible and user-friendly additionally aligns completely with our mission at Etherscan.
Acquisition comes amid SOL worth surge
The acquisition comes towards the backdrop of a big improve within the worth of Solana’s native token, SOL. SOL is the fifth-biggest crypto by market cap, altering fingers for $99.15 on the time of writing, CoinGecko information reveals. Its market cap is presently $42.7 billion. The token has gained 627% since January final 12 months, which was the biggest jump for any crypto in 2023.
Prime 5 reshuffle
On December 21, SOL added 13% to its worth and reached the value of $87. It passed XRP by market cap on the time. In line with insiders, it might displace Binance Coin (BNB). Ardent supporters of the cryptocurrency speculate it might even overtake Ethereum someday. Reportedly, SOL briefly did overtake Ethereum in late December – when it comes to each day decentralized change (DEX) buying and selling quantity.
At the moment, it additionally handed Ethereum with respect to international Google searches with a rating of 56 versus the second-biggest crypto’s rating of fifty.