Scroll Price

Scroll (SCR) is a cryptocurrency that serves as the native token of the Scroll ecosystem. Currently ranked #643 with a price of $0.2413, it has shown a -2.02% change in the last 24 hours. Scroll operates on a Layer 2 blockchain platform utilizing zero-knowledge proofs technology to enhance Ethereum's scalability while maintaining security. The token has a total supply cap of 1B SCR with 190M SCR currently in circulation. It functions primarily as a governance token, allowing holders to participate in protocol decisions and network decentralization efforts. With a market capitalization of $45.84M, Scroll has established itself as a notable project in the privacy and Layer 2 scaling solution space. The 24-hour trading volume stands at $455.61K, reflecting active market participation. The token reached a 24-hour high of $0.2467 and a low of $0.2369.

Scroll (SCR) was created on July 4, 2024, when it was officially listed and began trading on cryptocurrency markets. As a Layer 2 scaling solution built on Ethereum that utilizes zero-knowledge proofs technology, Scroll aims to improve blockchain scalability while maintaining security. The project has a total supply of 1B SCR tokens with 190M SCR currently in circulation. Since its launch, Scroll has established itself as an important project in the zero-knowledge proof and Layer 2 scaling ecosystem.

The founders of Scroll are Jure Zdravkovic, Nebojša Jovanovic, and Dejan Ristic. These three entrepreneurs established the project with a vision to create a blockchain platform focused on gaming and digital asset transactions. Their combined expertise in blockchain technology and gaming ecosystems has helped shape SCR into a specialized cryptocurrency designed for secure and efficient transactions within the gaming industry.

Scroll works as a Layer 2 scaling solution for Ethereum using zero-knowledge rollups (zk-rollups) technology. The SCR token powers the network, which processes transactions off the main Ethereum chain while maintaining full compatibility with Ethereum's ecosystem. This approach significantly reduces gas fees and increases transaction throughput. The SCR network leverages zkEVM (zero-knowledge Ethereum Virtual Machine) to verify transactions efficiently without sacrificing security. Currently priced at $0.2413 with a market cap of $45.84M, SCR has 190M SCR tokens in circulation out of a maximum supply of 1B SCR. Developers can easily deploy their Ethereum applications on Scroll without code modifications, benefiting from faster confirmation times and lower costs while still inheriting Ethereum's security guarantees through cryptographic proofs.

Scroll operates on a Layer 2 scaling architecture built on Ethereum, utilizing zero-knowledge proof technology (zkRollups) to enhance transaction throughput while maintaining security. The technical framework includes: 1. Zero-Knowledge Proofs: Scroll uses zkRollups to batch multiple transactions into a single proof, significantly reducing gas fees and increasing scalability. 2. EVM Compatibility: The architecture is fully compatible with the Ethereum Virtual Machine, allowing seamless deployment of existing Ethereum smart contracts. 3. Security Model: Transactions are verified on Ethereum's mainnet, inheriting its security while operating at higher speeds. 4. Tokenomics: SCR has a maximum supply of 1B SCR tokens, with 190M SCR currently in circulation. 5. Consensus Mechanism: Utilizes a Proof-of-Stake variant optimized for Layer 2 operations. This architecture enables Scroll to process transactions faster and more cost-effectively than Ethereum's base layer while maintaining decentralization and security.

Scroll has an ambitious roadmap focused on scaling Ethereum through its Layer 2 zero-knowledge rollup technology. In the near term (2025-2026), SCR plans to enhance its throughput capacity, reduce transaction costs, and improve cross-chain interoperability. The team is working on expanding developer tools and infrastructure to attract more dApps to the ecosystem. By 2027, Scroll aims to implement advanced privacy features while maintaining regulatory compliance. The long-term vision (by 2030) includes achieving full EVM equivalence and becoming a leading Layer 2 solution with seamless integration across multiple blockchains. With a current price of $0.2413 and market cap of $45.84M, SCR has significant growth potential as Layer 2 solutions gain wider adoption. The total supply of 1B SCR with 190M SCR currently in circulation provides room for ecosystem expansion while maintaining token value.