Etherscan Buys Solana Ecosystem’s Block Explorer Solscan

According to the latest reports, it seems that Etherscan has just made an important acquisition. Check out the latest reports about this below.

Etherscan, which is a blockchain data explorer for Ethereum (ETH), has acquired Solscan, its counterpart in the Solana (SOL) ecosystem.

Solscan has been serving more than 3 million monthly users since its launch in 2021, according to a press release announcing the acquisition. Both websites offer address information, token and transaction data, application programming interfaces (APIs), dashboards, and non-fungible token (NFT) metadata.

Matthew Tan, the CEO and founder of Etherscan, praised the Solscan team for their expertise and said that they have provided detailed insights and analytics.

“Their expertise in making blockchain data accessible and user-friendly also aligns perfectly with our mission at Etherscan.”

In the acquisition announcement, the Etherscan team pledges to continue providing “credibly neutral and equitable access to blockchain data.” They also plan to integrate additional features across both explorers.

It’s worth noting that Solana has been performing well lately, with its native token, SOL, currently trading at $98.86, which represents a more than 313% increase in the last three months.

However, the asset has experienced an 8% decrease in the past 24 hours. On the other hand, Ethereum (ETH) has seen a 27% increase since the beginning of October, with the second-ranked cryptocurrency by market cap trading at $2,208 at the time of writing.

Unfortunately, ETH has also experienced a decrease of over 6.5% in the past 24 hours.

According to the latest reports, it seems that Ethereum is slated to see a new rally in 2024.

According to a well-known crypto strategist, Ethereum (ETH) is expected to experience a significant surge in value.

The analyst, who goes by the name Rekt Capital, suggests that Ethereum is set for a boost of over 20% if it can finish December above the crucial resistance level of $2,274. The analyst has shared a chart that illustrates ETH’s potential for a surge towards $2,791 after retesting $2,274 as support.