What Is Solscan: Everything You Need To Know About It

Last updated: 2025-06-23

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Solscan is a blockchain explorer specifically designed for the Solana network, providing users with comprehensive access to data stored on the blockchain, including account information, transaction histories, and various network statistics.

In this guide, we’ll cover everything you need to know to effectively use Solscan — whether you’re analyzing wallet activity, tracking transactions, or researching Solana-based tokens. Whether you’re a developer, trader, or casual user, Solscan offers a powerful toolset for gaining insights into the Solana ecosystem.

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Table of Contents

What is Solscan?
How does Solscan Work?
How to Look Up Wallet Addresses on Solscan?
How to Look Up Transactions on Solscan?
How to Look Up Tokens on Solscan?
How to Make Money on Solscan?

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What is Solscan?

Solscan is a powerful and user-friendly blockchain explorer built specifically for the Solana network. Launched in 2021, it has quickly become one of the most widely used explorers within the Solana ecosystem. Solscan enables users to access comprehensive data on the Solana blockchain — including transaction histories, wallet addresses, smart contracts, and token information.

Offering detailed insights into Solana-based transactions, wallets, tokens, and network analytics, Solscan serves as a valuable tool for investors, developers, and anyone seeking a deeper understanding of the Solana ecosystem. The platform is free to use, and users can access most of its core features without the need for registration. However, additional features such as Watch Lists and Notifications require creating a free Solscan account.

With real-time data tracking, Solscan allows users to monitor wallet activity, analyze on-chain trends, and explore blockchain data with ease. Whether you’re conducting research, tracking investments, or monitoring network health, Solscan provides a comprehensive suite of tools to meet your needs.

How does Solscan Work?

Solscan acts as a gateway to the Solana blockchain, providing users with access to essential data such as transaction histories, wallet balances, and smart contract information. Here’s how you can leverage its features:

Transaction Tracking

Solscan enables users to track detailed information for any transaction on the Solana network. You can easily check a transaction’s status (confirmed or pending), fees paid, timestamps, and other key details. This functionality is especially useful for verifying fund transfers, monitoring transaction progress, or troubleshooting payment issues.

Wallet Monitoring

With Solscan, you can monitor activity for any Solana wallet. Users can view current balances, transaction history, and asset holdings associated with specific addresses. Whether you’re tracking your own portfolio or analyzing the wallets of other participants for investment research, this feature offers valuable insights into wallet activity.

Token Analysis

Solscan provides in-depth data on Solana-based tokens, including transaction volumes, token distribution, and information on major holders (commonly referred to as whales). This information can help investors and traders assess market trends, token liquidity, and overall project health, making it a useful tool for market analysis and strategic decision-making.

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How to Look Up Wallet Addresses on Solscan?

Here’s how you can look up wallet addresses using Solscan:

Copy the Wallet Address: Start by copying the wallet address you wish to search. If you’re checking your own wallet, you can easily find your address within your wallet’s browser extension or mobile app.
Access Solscan: Go to the Solscan website and paste the wallet address into the search bar at the top of the homepage. Press Enter to initiate the search.
Review Basic Information: At the top of the wallet’s page, you’ll find an overview that includes the wallet’s total balance, current token holdings, and a summary of assets.

Explore Additional Details: Scroll down to access more detailed information. This section provides a complete transaction history, records of DeFi and NFT activities, and staking accounts associated with the wallet. This data offers a comprehensive view of all on-chain activity tied to the address.

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How to Look Up Transactions on Solscan?

Here’s a simple guide on how to search for transactions on Solscan:

Step 1: Obtain the Transaction ID

Locate your transaction ID (also called the transaction signature) within your cryptocurrency wallet. Many wallets, like Phantom, offer a convenient option to view the transaction directly on Solscan. If this option isn’t available, simply copy the transaction signature manually.

Step 2: Use the Search Bar

Navigate to the Solscan homepage and paste the transaction signature into the search bar. Press Enter to begin your search.

Step 3: Review Transaction Details

Once the transaction page loads, you’ll be able to view comprehensive details, including the wallet addresses involved, timestamp, transaction status, and associated fees.

How to Look Up Tokens on Solscan?

To explore tokens on Solana’s blockchain:

Search for the Token: Enter the token’s name or symbol into Solscan’s search bar. Keep in mind that only tokens native to the Solana blockchain will appear in the search results.
Review Token Information: At the top of the token’s page, you’ll find key details such as the current price, total supply, circulating supply, and market capitalization.
Analyze Token Data: Scroll down to access in-depth analytics, including the token’s transaction history, distribution data, and a list of major holders (often referred to as “whales”). These insights can be valuable for tracking token performance and market behavior.

How to Make Money on Solscan?

Although Solscan is not a trading platform, it serves as a powerful tool for conducting on-chain analysis and making more informed investment decisions. Here are several ways you can leverage Solscan for on-chain analysis:

1. Monitor Overall Trends

Track transaction volumes across the Solana ecosystem to assess whether activity is increasing or declining. This can also provide insights into the growing popularity of specific NFT collections, decentralized applications (dApps), or protocols.

2. Analyze Whale Activity

Solscan allows you to monitor large wallets—often referred to as “whales”—that hold significant amounts of SOL or Solana-based tokens. The buying or selling actions of these major holders can influence market sentiment and price movements across the broader ecosystem.

3. Gauge Market Sentiment

Observing the flow of SOL into and out of exchanges can provide valuable clues about current market sentiment. Large inflows to exchanges may suggest potential selling pressure (bearish sentiment), while outflows can indicate accumulation and bullish sentiment.

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