According to the Solscan team, the acquisition is due to the need for growth and usability, particularly given the Solana boom in the last few months.
“The Solscan team has proven their expertise over the years by offering detailed insights and analytics. Their expertise in making blockchain data accessible and user-friendly also aligns perfectly with our mission at Etherscan,” said Matthew Tan, CEO and founder of Etherscan.
Meanwhile, on its official X handle, the Solscan team had this to say concerning the acquisition;
While we always try our best to bring innovative and optimized block explorer technology to our users, we are aware of the need to grow & provide additional values to the whole ecosystem.
The integration of Solscan into the Etherscan ecosystem marks a positive step forward for both platforms.
Users can expect a collaborative effort to deliver unparalleled blockchain exploration services and a commitment to advancing the capabilities of both parties.
Etherscan is a pioneer in the web3 space, providing users with comprehensive and reliable information about the Ethereum network, such as transactions, addresses, tokens, contracts, and more.
Etherscan also offers tools and features, such as APIs, widgets, DApps, NFTs, and DeFi analytics, to help users interact with the Ethereum ecosystem.
Solscan is a similar platform for the Solana network, one of the fastest-growing and most innovative blockchains in the web3 space.
It allows its users to explore and analyze the Solana network, and to view information such as blocks, transactions, accounts, tokens, and more.
It also supports various Solana-based projects and applications, such as Serum, Raydium, Solana Monkey Business, and others.