Avalanche Blockchain Explorer Tool Snowtrace.io to Shut Down Etherscan-Powered Website

Snowtrace.io, a popular blockchain explorer tool for Avalanche (AVAX), will be shutting down its website on November 30, specifically the explorer powered by Etherscan's Explorer-as-a-Service (EaaS) toolkit. The Snowtrace team has advised users to save their backup information before the shutdown date. While the reason for the shutdown was not explicitly stated, some speculate that it may be due to Etherscan's service fees for its EaaS toolkit. Phillip Liu Jr., head of strategy and operations at Ava Labs, confirmed that the protocol is not ceasing operations and is "moving onto something better."