Etherscan, a blockchain data tracker that is frequently used by Ethereum (ETH) investors, announced on January 3, 2024 that it had acquired Solscan, one of its largest competitors that provides similar services for the Solana ecosystem.

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Etherscan explained that this move was a collaboration that is continuing to expand its data services across multiple networks.

It said in a statement, “We are honored to announce the acquisition of Solscan by Etherscan, the world’s leading block explorer. This is a major step forward in the blockchain research world that will serve as a stepping stone for greater contributions to the Solana ecosystem.”

Solscan, which has served over 3 million users since its inception, mentioned that its next goals are continuous excellence in the Solana ecosystem, integration of its additional features, and an improved user experience.

Etherscan CEO and founder Matthew Tan made the following statements after they acquired Solscan: “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 Etherscan’s mission.”

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