With the new year already starting, the cryptocurrency market has witnessed one of the most important acquisitions in the sector – that of the leading block explorer for the Solana (SOL) ecosystem by an explorer for the Ethereum (ETH) blockchain.
Indeed, Etherscan said that its Solscan purchase represented a “collaborative merging,” which aims to continue the company’s “ongoing efforts to improve the accessibility of blockchain data across multiple networks,” according to the announcement posted on January 3.
Etherscan’s announcement of Solscan acquisition. Source: Etherscan
Best of two worlds
Commenting on the sale, Etherscan CEO and founder Matthew Tan explained that the key arguments for the decision were the Solscan team’s skills in offering comprehensive blockchain data and making it simpler for the less technologically savvy users:
“The Solscan team has proven their expertise over the years by offering detailed insights and analytics. Their expertise in making b
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