Breaking News: Etherscan Acquires Leading Solana Explorer Solscan for Undisclosed Amount

Etherscan, the leading block explorer, API, and analytics platform for the Ethereum network, announced the strategic acquisition of Solscan, the leading block explorer from Solana.

According to the announcement, the Solscan ecosystem has officially joined the Etherscan portfolio, including BNB smart chain explorer Bscscan. With the Solana ecosystem growing exponentially, the acquisition of Etherscan ensures sustainable growth with the help of a reputable team.

Bright future for the Web3 industry through the Etherscan ecosystem

The Etherscan explorer has been around since 2015, when the leading smart contract blockchain was established. Over the years, the Etherscan ecosystem has grown with a variety of products, including all Ethereum testnet and mainnet upgrades. Decentralized finance (DeFi) developers can seamlessly integrate with Etherscan products through a variety of API plans, ranging from free to $899 per month for a pro account.

According to the report, Etherscan products are integrated with major cryptocurrency projects such as MetaMask, Binance, Coinbase, Coingecko, and imToken. Etherscan’s acquisition of Solscan marks an important milestone for both ecosystems. Additionally, sharing resources and strategic products will ensure smooth mass adoption of web3 technologies.

market impact

Etherscan’s acquisition of Solscan will have no direct impact on the price action of the native token. Nonetheless, with a Total Value Locked (TVL) of $1.47 billion and a stablecoin market cap of over $1.8 billion, the Solana ecosystem will greatly benefit from Etherscan’s success as a blockchain explorer. “Users can look forward to a joint effort to deliver an unparalleled blockchain. “Efforts to enhance exploration services and the capabilities of Etherscan and Solscan,” the release said.