Overview
SolanaFM provides blockchain enthusiasts and developers with a powerful platform to explore and analyze activity on the Solana blockchain. With capabilities similar to Ethereum’s Etherscan, SolanaFM offers users comprehensive insights into transactions, tokens, and wallet activities, making it a valuable tool for developers and traders alike.
Key Features
- Advanced Analytics: SolanaFM offers real-time insights into Solana transactions, smart contracts, and token movements. Users can explore detailed transaction histories and track their favorite wallets, helping developers monitor activity across decentralized applications (dApps).
- Quantum Dashboard: A recent addition, SolanaFM’s Quantum dashboard brings new transaction filtering capabilities, faster load times, and an improved interface, making it easier to navigate blockchain data.
- Independent Operation: Despite being acquired by Jupiter Exchange, SolanaFM continues to function as a standalone platform, focusing on refining its user interface and data analytics offerings.
Acquisition and Future Roadmap
In September 2024, Jupiter Exchange acquired SolanaFM to bolster its data infrastructure and enhance trading services on Solana. The acquisition allows Jupiter to leverage SolanaFM’s blockchain analytics to improve liquidity management and decision-making tools on its platform. SolanaFM will continue to operate independently but will now contribute to Jupiter’s larger vision of seamless dApp development and trading integration within the Solana ecosystem.
Background and Development
Founded in 2021 by students from Singapore Management University, SolanaFM has grown rapidly to become one of Solana’s leading explorers. It attracted significant venture capital, securing $4.5 million in seed funding, including contributions from Etherscan and other crypto firms. This funding has enabled the platform to develop robust data tools that serve both developers and everyday users.