Ethereum blockchain browser Etherscan announced today that it has completed the acquisition of Solana ecological blockchain browser Solscan. This merger is an effort to continue improving Etherscan’s blockchain data accessibility across multiple networks and continues its popular efforts.
Solscan was established in 2021 and has more than 3 million monthly active users. Its official X platform account has more than 22,000 fans. Solscan offers many features familiar to Etherscan users, including providing detailed address, token and transaction data, as well as APIs, dashboards and NFT metadata.
After Etherscan announced the acquisition of Solscan, it will continue to provide trustworthy, neutral and fair blockchain data access services. In addition, they plan to provide stronger support by integrating functionality across different browsers. The Solscan team has proven their expertise over the years with detailed insights and analysis, and their expertise in making blockchain data accessible and user-friendly is perfectly aligned with Etherscan’s mission. The acquisition will bring additional expertise and capabilities to Etherscan, allowing it to provide better services.
Solscan issued a statement stating that it will be integrated with Etherscan in the future to enhance the exploration and analysis capabilities of the two platforms. As a member of the Etherscan family, Solscan will focus on providing enhanced support and a more seamless user experience. Improvements include improvements to the user interface, navigation and overall accessibility, and users can look forward to enjoying better feature integration on Etherscan and Solscan.
According to data from CoinGecko, after Etherscan acquired Solscan, the price of SOL has been on an upward trend. Since mid-October last year, the price of SOL has risen from about $20. On December 26 last year, SOL even broke through the $120 mark, setting a new high since April 2022. Currently, the price of SOL is $108, with an increase of nearly 70% in the past month. This makes SOL the fifth-largest cryptocurrency by market capitalization.
With Solana’s rapid rise, Santiago R Santos, former partner at ParaFi Capital and founder of EON Capital, recently made a bold prediction about Solana’s future. He believes Solana has an 80% chance of surpassing Ethereum and achieving a higher market value within the next three years. This prediction raised a lot of eyebrows because Solana’s technical and performance advantages make it a potential competitor. If this prediction comes true, it will have a significant impact on the entire cryptocurrency industry.
Santiago R Santos believes that Solana is expected to surpass Ethereum without the need for Ethereum’s market value to shrink. As various applications and utility improve, SOL and its ecosystem may become a relatively profitable investment option and attract funds from retail and institutional investors in the next currency market cycle.
At the end of last month, Solana’s transaction volume once surpassed Ethereum. At the same time, Solana once surpassed Ethereum in terms of Google search volume globally. Specifically, during the period from December 17 to December 23 last year, Solana’s search popularity index reached 56, surpassing Ethereum’s 50.
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