What Is Solscan? A Complete Guide to Using the Solana Blockchain Explorer
In Solana In today’s world where Blockchain has become the hotbed for dApp and NFT development due to its high throughput (peaking over 50,000 TPS) and low fees, the transparency and accessibility of on-chain data have become core user demands. Solscan is the key to unlocking this treasure trove — as a leading Blockchain explorer and analytics platform specifically designed for Solana, it transforms complex on-chain data into user-readable information, becoming an essential tool for developers, investors, and ordinary users to explore the Solana ecosystem.
What is Solscan? Definition and Core Functions
Solscan, established in 2021, is a free and open-source blockchain data explorer within the Solana ecosystem, similar to Ethereum’s Etherscan. It transforms raw information on transactions, accounts, tokens, and more into structured, visual dashboards by real-time scraping and parsing Solana node data, serving over 2 million monthly active users.
Its core capabilities cover five major dimensions:
- Transaction Tracking: Analyze the signature, status, fee, and participants of each transaction;
- Address monitoring: Displays wallet balance, token holdings, and transaction history;
- Token Analysis: Provides token price, market capitalization, supply, and holder distribution;
- NFT Insights: Indexing market data and on-chain records of NFT collections on Solana;
- DeFi Dashboard: Total Value Locked (TVL) and trading volume integrated with protocols like Raydium.
How to use Solscan? Step-by-step guide
Track transaction status
Each Solana transaction has a unique signature (TxID). Enter this ID (e.g., RCvW5vKvhBFS…) in the search bar on the Solscan homepage to view the transaction’s:
- Timestamp and block confirmation status
- Changes in SOL or token balances involved
- Transaction fee and execution logs.
View address (wallet) activity
Enter the wallet address to obtain:
- Current SOL and SPL token balance
- Historical transaction list and interactive contracts
- Associated domain names (e.g., .sol domain names for improved readability).
Query token information
Search for the token contract address (e.g., Raydium token 4k3Dyjzvzp8eMZW…) or name to access the token dashboard and view:
- Real-time prices and market capitalization (integrated with CoinGecko data)
- Number of holders and concentration
- Liquidity pool distribution and DeFi activity records.
Explore NFT and DeFi data
- Click the top NFT tab to browse the trading volume, floor price, and recent minting activities of popular collections (such as DeGods);
- Enter the DeFi dashboard to analyze the TVL, trading volume, and liquidity pool distribution of mainstream protocols (such as Raydium and Orca).
Why choose Solscan?
Core Advantages
- Free to use: Access all basic features without an account.
- User-friendly design: Interface layout similar to Etherscan, reducing the learning curve;
- Rich functionality: integration of analytics, staking dashboard, API, and other advanced tools.
Main limitations
- Only supports Solana chain data, cross-chain requires switching browsers;
- Some terms are quite obscure for beginners (require basic learning).
Conclusion
As the “on-chain Google” of the Solana ecosystem, Solscan has redefined the way users interact with the Blockchain through zero barriers, high real-time capabilities, and in-depth data. Whether it’s verifying transactions, auditing tokens, or analyzing market trends, it is an indispensable gateway to exploring Solana. With user-friendly improvements such as the integration of .sol domain names, Solscan is continuously lowering Web3 the boundaries of use make the on-chain world truly accessible.
