According to CoinDesk, a new block explorer called Quantum is aiming to simplify the presentation of data on the Solana blockchain. Developed by the team behind SolanaFM, Quantum prioritizes ease of readability over the detailed approach taken by many other Solana ecosystem explorers. The service has already garnered 53,000 signups as the Solana ecosystem recovers from a prolonged downtrend, with the price of SOL rallying to $59 at the time of writing.
Transaction browsers like Quantum help users make sense of on-chain data by presenting crucial information about token transfers and addresses in an easy-to-understand format. SolanaFM is one of several companies building these websites for the Solana blockchain, which is known for its high-speed transactions and large amounts of unstandardized data. Solana ecosystem explorers have not yet achieved the streamlined presentation of Ethereum's Etherscan.
SolanaFM CEO Nicholas Chen acknowledged that their previous explorer was overbranded and confusing for first-time users. By changing the name to Quantum and improving the user experience, Chen hopes to capture a larger market share. The new explorer aims to present essential information to users in less than three seconds, making it easier for them to understand the data they are viewing.