Blockchain.com adds Ethereum block explorer to its platform

Ethereum’s native blockchain now has a second major explorer after Blockchain.com announced a dedicated Ethereum block explorer, putting transaction and address data “right at users’ fingertips” [5]. The move matters because it widens access to on‑chain analytics for ETH, which still dominates DeFi with more than half of all locked value [4].

New explorer vs. the incumbent

Blockchain.com’s addition means users can now search blocks, addresses, and real‑time transactions for ETH without leaving the platform that previously only supported Bitcoin. The company says the fresh UI will “streamline the way users interact with the data,” and it plans to broaden explorer functionality as more protocols emerge [5]. This complements the long‑standing Etherscan service, which remains the go‑to source for ETH analytics [1].

Why the expansion matters for ETH users

Ethereum’s price has risen 1.74% in the latest session, reflecting continued market interest even as the network grapples with congestion and high gas fees [2]. More importantly, ETH underpins roughly 60% of the $156 billion total value locked across DeFi platforms, with $95 billion sitting on Ethereum alone [4]. Greater visibility into on‑chain activity through multiple explorers can help traders, developers, and researchers monitor network health, track large‑wallet movements, and assess the impact of upcoming upgrades such as the Fusaka rollout slated for November 2025 [3].

What to watch

• Price thresholds: ETH support around $1,800 and resistance near $2,000 could signal the next short‑term range.
• Network upgrades: The Fusaka upgrade in November 2025 may affect transaction capacity and gas fees, influencing explorer traffic [3].
• On‑chain activity: Large wallet inflows or outflows on the new explorer could foreshadow market moves, especially if they coincide with DeFi TVL shifts.

The launch of a second major Ethereum explorer underscores the chain’s entrenched position as the settlement layer for most DeFi activity, while also hinting at growing demand for diversified analytics tools as the network evolves.