USING SOLSCAN LIKE A PRO: TRACK TRANSACTIONS, TOKENS, AND WALLET LABELS

Solscan is one of the most powerful tools in the Solana ecosystem. It's a blockchain explorer that allows anyone to view real-time on-chain activity, from wallet balances and token transfers to validator data and NFT transactions.

If you use Solana for trading, staking, or DeFi, learning how to use Solscan properly can help you verify transactions instantly, explore wallet histories, and track token activity with precision.

Here's how to use Solscan like a pro.

Step 1: Go to Solscan

1. Visit solscan.io in your browser *The homepage displays live statistics like SOL price, total transactions, and network performance

   At the top, you'll see a search bar, this is where you can enter wallet addresses, transaction hashes, or token names

Step 2: Track Wallet Transactions

1. Paste a Solana wallet address (starts with a mix of letters and numbers, no "0x") into the search bar

2. Press Enter

3. You'll be taken to that wallet's page, where you can view:

   • Recent transactions

   • Token balances (SPL tokens and NFTs)

   • Total SOL holdings

Each transaction line includes time, type (transfer, swap, stake, etc.), and a clickable transaction hash for deeper details.

Step 3: Review Transaction Details

1. When you click a specific transaction, Solscan shows a full breakdown, including:

   • Status: Confirmed or Failed

   • From / To: Sender and receiver addresses

   • Amount: How much SOL or which token was transferred

   • Fee: Transaction cost (in SOL)

   • Block / Slot: The exact block in which it was confirmed

     

     This helps you verify if your transfers, swaps, or airdrops went through successfully.

Step 4: Explore Tokens

1. Solscan isn't just for wallets, you can track tokens too

2. In the top navigation bar, click "Tokens" *You'll find:

   • Trending tokens on Solana

   • Mint addresses (used to verify authenticity)

   • Holders count and supply metrics

     

     If you search for a specific token (like USDC, JitoSOL, or a meme coin), Solscan displays its market stats and a list of top holders, a useful tool to spot real projects versus fake ones.

Step 5: Use Wallet Labels

1. One of Solscan's most underrated features is wallet labeling

2. Many popular accounts are already labeled, such as exchanges, NFT marketplaces, and verified DeFi protocols *When you see a label like "Binance Hot Wallet" or "Jupiter Aggregator", it helps you identify who's behind a transaction

If you log in with a Solscan account, you can also add private labels to wallets you monitor, for example, tagging wallets as "My Main Wallet," "Test Wallet," or "Airdrop Address."

Tips for Effective Use

• Bookmark your wallet's page for quick access to your transactions

• Always verify token mint addresses to avoid scams or fake tokens

• Use Solscan's "Analytics" tab to view charts of your wallet's historical balance and activity

• You can export wallet data to CSV for recordkeeping or tax reports

Conclusion

Solscan is an essential tool for anyone active in the Solana ecosystem. It gives you full transparency into transactions, tokens, and wallet activities, all in one place. By mastering Solscan's features, you'll be able to confirm transfers instantly, track your assets efficiently, and gain deeper insights into how money moves across Solana.