Many useful tools are available for trading, analysis, on-chain research, and price feeds.

However, there's only ONE ultimate tool you must master to succeed in $SOL trading and analysis.

That tool is Solscan.

SolScan is a blockchain explorer and analytics platform specifically designed for the Solana blockchain.

It allows all users to analyze all activity on the Solana network, which we need to study.

Many think SolScan is just for checking wallets or transaction statuses, but they're way off.

The uniqueness of this tool is undeniable.

With it, you can track everything, do your analysis, check smart contracts, etc.

→ First, you need to find new tokens.

SolScan gets data directly from the blockchain, so all transactions and tokens show up faster than on DEX.

Select Raydium at the top right.

Scroll down to the Defi Activities section and apply filters.

→ Besides Raydium tokens, you can also find tokens with PumpFun.

‱ Click on DeFi at the top and select "PumpFun."

‱ Filter out the junk using the filters.

‱ Sort the list by 24H Volume and 24H Trades.

→ We’re looking for tokens that are likely to go viral.

Click on the leaderboard at the top and select "Token."

In the "Dex Trading" tab, sort your list by volume, etc.

You can also compare tokens to help make your choice.

→ Start analyzing the coins.

It's super simple here. Make sure the entire supply isn't in just one set of hands.

In the "Analysis" tab, you can check token distribution.

In the "Markets" tab, see where the coin was launched.

SolScan doesn’t have a built-in rug check feature.

But it lets you link out to other services where you can do that.

On the coin’s page, you’ll see a list of options — select one and make sure the coin is solid.

The uniqueness of SolScan doesn’t stop there.

You can set up copy trading alerts for wallets you consider Smart.

In the "Notifications" tab, add the wallet to your list.

You’ll see every transaction and get push notifications via email.

I hope my article was helpful, if so, please :

Follow me for more alpha content

Like & Repost to motivate me continue