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Home » Solana is on Fire! Etherscan Announces Acquisition of Solscan, Expanding Multi-chain Data Services.
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Solana is on Fire! Etherscan Announces Acquisition of Solscan, Expanding Multi-chain Data Services.

By adminJan. 3, 2024No Comments3 Mins Read
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Solana is on Fire! Etherscan Announces Acquisition of Solscan, Expanding Multi-chain Data Services.
Solana is on Fire! Etherscan Announces Acquisition of Solscan, Expanding Multi-chain Data Services.
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As the public blockchain Solana, known as the “Ethereum Killer,” continues to soar, the Ethereum blockchain browser Etherscan announced today its acquisition of Solana ecosystem blockchain browser Solscan, in order to expand Etherscan’s data services across multiple blockchains.

Etherscan, a popular Ethereum blockchain browser, announced today that it has completed the acquisition of Solscan, a Solana ecosystem blockchain browser. This collaborative merger aims to continue Etherscan’s relentless efforts to enhance blockchain data accessibility across multiple networks.

Established in 2021, Solscan currently has over 3 million monthly active users and more than 22,000 official platform followers. Solscan offers many features familiar to Etherscan users, including detailed address, token, and transaction data, as well as APIs, dashboards, and NFT metadata.

Etherscan stated that after the acquisition, it will continue to provide “reliable, neutral, and fair blockchain data access.” Etherscan also plans to integrate more features between different browsers and provide stronger support. Solscan issued a statement expressing that users can expect useful feature integrations on both Etherscan and Solscan to enhance the exploration and analysis capabilities of the two platforms. Solscan is now a member of the Etherscan family and will focus on providing enhanced support and a seamless user experience, including improvements in user interface, navigation, and overall accessibility.

CoinGecko data shows that Solana has been soaring since mid-October last year, with SOL rising from around $20 to a peak of $120 on December 26, setting a new high since April 2022. It is currently trading at $108, with an increase of nearly 70% in the past month. It is currently the fifth-largest cryptocurrency by market capitalization.

With the surge of Solana, Santiago R Santos, former partner at ParaFi Capital and founder of EON Capital, recently made a bold prediction that Solana will eventually surpass Ethereum. He believes there is an 80% probability that SOL’s market capitalization will exceed Ethereum’s within 3 years.

In Santiago R Santos’ view, Solana can surpass Ethereum without the shrinkage of Ethereum’s market capitalization. With various applications and improvements in utility, SOL and its ecosystem may become a relatively profitable investment path and attract retail and institutional investor funds in the next market cycle.

In late last month, the trading volume of Solana’s DEX briefly surpassed Ethereum, and at the same time, Solana even surpassed Ethereum in global Google search volume. From December 17 to December 23 last year, the popularity of the keyword “Solana” reached 56, surpassing Ethereum’s 50.

Related Reports:
– The Myth of Silly’s Ten Thousand Times: How Solana’s Ecosystem Symbol Grew Step by Step?
– Solana Dares to Call Itself the Ethereum Killer, What Are Its True Advantages?
– Solana Can Be Used as an Ethereum Layer 2! Founder Boasts: EVM Compatibility After Sharding Upgrade.

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