The article provides an in-depth analysis of Etherscan, a key player in the crypto market. Etherscan, a Malaysian firm, is a gateway tool for crypto market participants, providing a platform to assess on-chain movements and understand the underlying transactions. The article discusses how Etherscan generates revenue primarily from Software as a Service (SaaS) and advertisements. It also highlights Etherscan’s expansion into other chains and its profitability.
- Monitor Etherscan’s Expansion: Etherscan has expanded into other chains, creating block explorers for Fantom, Polygon, BSC, Arbitrum, and many more. This expansion strategy could be a key driver for the firm’s future growth.
- Assess Revenue Streams: Etherscan generates revenue from SaaS, advertisements, API plans, on-chain services, and donations. Understanding these revenue streams can provide insights into the firm’s business model and profitability.
- Stay Informed on Etherscan’s Future Plans: The article suggests that Etherscan could potentially expand into the insights business, leveraging its access to blockchain data. This could be a significant development to watch for in the future.