How to Use Solscan

It is very soothing when you have a platform that simplifies information and provides the right tools you need for decision-making. This is exactly what Solscan does for users who own Solana wallets. Apart from providing information about Solana transactions, Solscan also gives you in-depth insight as it captures and reports every activity that happens in the Solana blockchain.

Solscan was created in 2021 by Long Vuong. It is a block explorer that focuses on the Solana blockchain. Solana Explorer used to be the main block explorer; however, Solscan offers a lot more features than Solana Explorer. Hence, it is displacing Solana Explorer in usage and popularity among Solana users.


Some of the uses of Solscan include:
- Checking transactions on Solana blockchain

- Validating NFTs purchased with Solana.

- Getting information about tokens recognized in the Solana ecosystem.

The data and information available on Solscan help users make sense of the activities happening in the Solana ecosystem. In this article, we will discuss how to use Solscan for its different purposes.

How to Check Transactions and Addresses

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On Solscan, you can get information for every Solscan transaction. On the homepage, the data for every new block of completed transactions is constantly updating. For every Solana transaction, there is a transaction ID that is a string (comprises numerals and letters). If you know the string signature of the transaction, input it into the search bar and it brings out all the information you need with regards to that transaction.

The overview of the transaction details would contain the transaction ID, block number, timestamp, result of the transaction, sender's address, gas fee, and other remarks you want to add. This feature helps you confirm the nature of a transaction. To be sure if a transaction was successful or pending, simply use Solscan. If the transaction does not show on Solscan, it means the transaction never happened.

You can also use Solscan to get information about a Solana wallet. When you input the wallet address into the search bar, there is an overview of the account details. You can see the wallet's balance, the transaction history of the wallet, and the tokens in the wallet.

Solscan can also provide you with an overview of your account. You can get general information like your SOL Balance, and your SPL Balance with a specific amount of each token.

How to Check NFTs on Solscan

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One of the uses of Solscan is for checking NFTs. Solscan gives you access to every NFT collection available on Solana, it also gives you information about every NFT trade that involved Solana. When you click on the NFT button on the homepage, it brings up an NFT dashboard. The NFT dashboard contains information about every single NFT that was sold for Solana.

The dashboard also contains information about every NFT collection in the Solana ecosystem. You can get information about the Solana marketplace for every NFT collection on this dashboard.

Tokens

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Solscan also provides you with information on the Tokens available on the Solana blockchain. By clicking on the Solana tab on the homepage, you have access to an overview of the information about the tokens. Token name and ticker, number of holders, the real-time price of the token, and the market cap of the token are available.

For each of the tokens, you can get information about transactions carried out with the tokens. You can also get information about the holders of the token on Solscan.

Defi Dashboard

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There are five Defi platforms on the Solana blockchain namely Raydium, Orca, Aldrin, Step, and Orca. You can get information about the Total Value Locked (TVL) in the Defi. total 24h volume, and total 24h transactions for each Defi platform. For each platform, Solscan provides information for all the token pairs.

Conclusion

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Next time you need to verify a transaction involving your Solana wallet or buy NFTs using Solana, simply visit Solscan. To use Solscan, you have to register on the platform. Solscan allows you to monitor 10 Solana accounts and receive 300 notification emails in a month.
Solscan has a great user experience that is making it a critical part of the Solana ecosystem.



Author: Gate.io Observer: M. Olatunji
Disclaimer:
* This article represents only the views of the observers and does not constitute any investment suggestions.
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