How to Use Solscan to Find Potential Altcoins

Jakarta, Pintu News – In the ever-evolving world of crypto, thousands of altcoins are popping up every month – but only a handful actually have long-term potential.

This requires careful, data-driven research to avoid being trapped in speculative projects. One tool that can help with this process is Solscan, a specialized blockchain explorer for the Solana network.

With in-depth analytics features and an easy-to-use interface, Solscan allows users to track token, wallet, and smart contract activity in real-time.

This article will go through the practical steps of using Solscan as a tool to discover altcoins that have the potential to grow before many people know about them.

What is Solscan?

Solscan is a powerful blockchain explorer on the Solana (SOL) network, designed with a strong focus on ease of use.

Read also: Can Solana (SOL) Rise? These Three Indicators Give Important Signals!

Solscan is decentralized and allows users to track, analyze, and verify various activities that occur within the Solana ecosystem. Starting from token transactions, interactions with various programs on the network, to network performance statistics – all can be accessed through Solscan.

Thanks to its intuitive interface and ability to dig deep into on-chain data, Solscan has become a top choice for developers, investors, and new users who want to understand more about activity on the Solana network.

Solscan Features

Understanding the key features of Solscan will help users maximize the benefits of this blockchain exploration tool. Here are some of the main functions offered:

• Transaction Tracking: Solscan records all transactions on the Solana network, and provides basic information such as transaction time, amount, sender and recipient addresses, and other relevant details.
• Token Analytics: Users can access complete data related to token activity, including supply, distribution, and transfer history.
• Wallet Information: Solscan allows anyone to view data from a Solana wallet, from the balance, transaction history, to the assets stored in it.
• Program Explorer: With this feature, users can search and monitor programs or smart contracts that have been deployed on the Solana network, making it easier to track the activity of decentralized applications (dApps).
• Solana Blockchain Statistics: Solscan also provides a comprehensive overview of the state of the Solana network, including block confirmations, validator status, and throughput (number of transactions per second).

Easy Way to Get Started with Solscan

Getting started with Solscan is easy. Follow these steps to explore the interface and start analyzing data on the Solana network:

Step 1: Access Solscan Website

The first step is to open the official Solscan website through your browser. You don’t need to create an account or register – just visit the site and you’re good to go.

Step 2: Home Page Exploration

On the main page, you will instantly see real-time network activity, including the latest blocks and recent transactions. This view provides a quick overview of the current state of the Solana network and is very useful for initial orientation.

Step 3: Use the Search Feature

One of Solscan’s flagship features is the search field. Users can type:

• Transaction ID
• Wallet address
• Program address (smart contract)
• Token symbol

Solscan will then display complete and relevant information related to the input. With this feature, users can easily gain in-depth insights into the transactions, assets or other activities they are looking for.

Tips for Finding Potential Altcoins on Solscan

Finding hidden gemaltcoins –crypto projectsthat are still undervalued but have great potential – requires precision, data research, and of course, the right tools. Solscan can be a powerful weapon to find promising projects in the Solana ecosystem before they hit the spotlight.

Read also: Vitalik Buterin’s New Breakthrough! Ethereum will have a Multidimensional Fee System?

Here are some tips for using Solscan to hunt for hidden gem altcoins:

1. Monitor New Token Activity:
   Use the search feature to see what new tokens appear. Focus on tokens that show stable transaction volume, increasing number of holders, and active interaction with the program or DApp.
2. Token Distribution Analysis:
   On the token details page, check the supply distribution. Tokens that are not too concentrated in one or two wallets (aka not monopolized) are usually healthier in terms of distribution.
3. Check the Developer’s Wallet Activity:
   Search for wallets that frequently interact with the token. If the developer seems active in transacting, deploying smart contracts, or staking their own tokens, it could signal their confidence in the project.
4. Observe the Associated Smart Contract:
   Use Program Explorer to see if the token is connected to the smart contract of the application that is currently being actively used. Projects with real use cases or integration into the Solana ecosystem usually have long-term added value.
5. Pay attention to On-Chain Data vs Social Media Hype:
   Don’t just fall for the social media hype. Compare the hype with the on-chain data in Solscan. Projects that have healthy data but have not been widely discussed by the public can actually be true hidden gems.

Connecting Solscan Analytics with the Web3 Ecosystem

After finding potential altcoins or hidden gems through Solscan, the next step is to test the Web3 ecosystem that integrates with various blockchains and DEXs.

One such platform that provides extensive access to the Web3 world is the Web3 Door. Through Pintu Web3, users can access various DeFi features, NFTs, and analytics tools easily and securely in one application.

By combining analysis from Solscan and the Web3 Pintu ecosystem, the opportunity to discover and manage potential altcoins becomes even wider.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Altcoin Buzz. How to Find 50-300x Coin Potential with Solscan. Accessed on August 7, 2025
• TransFi. What Is Solscan And How To Use It? Solscan Complete Guide. Accessed on August 7, 2025
• TokenTax. What Is Solscan? Accessed on August 7, 2025