[NEWS] Etherscan Acquires Solana's Blockchain Explorer Solscan

Acquisition through a "joint merger"

Etherscan, an Ethereum (ETH) transaction verification tool, announced on the 3rd that it has acquired Solscan, a block explorer from Solana (SOL).

Etherscan is a leading transaction verification tool founded in 2015. It acquired Solscan, which was founded in 2021, in what it calls a "joint merger."

In a statement, Etherscan said, "This joint merger will enable our continued efforts to improve the accessibility of blockchain data across multiple networks."

Since its founding, Solscan has served more than 3 million monthly users. In addition to address, token, and transaction information, Solscan has many features familiar to Etherscan users, such as APIs, dashboards, and NFT metadata.

Matthew Tan, founder and CEO of Etherscan, said, "The Solscan team has proven their expertise over the years by providing in-depth insights and analysis. Their expertise in making blockchain data accessible and easy to use is perfectly aligned with Etherscan's mission."

The two companies explained that they aim to "deliver on our vision of providing trusted, neutral and fair access to blockchain data," "integrate features between explorers for convenience," and "strengthen support and provide a seamless user experience."

Blockchain explorers are important tools in the cryptocurrency ecosystem. They allow users to search for transactions and addresses, perform analysis, and more. These platforms are crucial to demonstrating transparency in the blockchain, helping both ordinary users and experts to verify transactions and track the movement of digital assets such as cryptocurrencies.

Reference:Announcement
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