The current price of Scroll is $0.38940. Since 00:00 UTC, Scroll has increased by +3.81%. It currently has a circulating supply of 190,000,000 SCR and a maximum supply of 1,000,000,000 SCR, giving it a fully diluted market cap of $73.95M. At present, the Scroll coin holds the 205 position in market cap rankings. The Scroll/USD price is updated in real-time.
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SCR is the native token of the Scroll protocol. SCR is used to decentralize governance, provers, and sequencer tasks within the network. The token launched during October 2024, and supports the Scroll protocol's goal of building scalable and secure Layer-2 (L2) infrastructure for the Ethereum network.
What is the Scroll protocol?
The Scroll protocol is an L2 scaling solution built to address two pressing challenges with the Ethereum network: congestion and high transaction fees. Scroll joins other L2 solutions working towards fixing this same challenge. Scroll uses zero-knowledge rollup technology to reduce latency and improve scalability for Ethereum with the goal of not compromising the network's security. Scroll also adopts a zkEVM — an L2 for the Ethereum Virtual Machine — to support developers that build on the network.
Scroll operates separately from the Ethereum mainet and manages transactions offchain, reducing the workload on the Ethereum base layer. Scroll bundles transactions together before submitting them to Ethereum, improving the efficiency of transaction processing while also reducing fees.
SCR price and tokenomics
The SCR token was launched via an airdrop on October 22, 2024, with a total supply of 1,000,000,000 SCR. Of this supply, 15% will be distributed via airdrops, with 7% of this portion being allocated during October 2024. According to the project, 35% of the total supply will go towards ecosystem and growth, including the Scroll DAO treasury, with 23% being distributed to Scroll ecosystem contributors. Meanwhile, 17% has been allocated to investors and 10% to the Scroll Foundation. Traders can expect Scroll prices to experience volatility upon the SCR token launch and soon after.
About the Scroll founders
Scroll was founded by Ye Zhang, Haichen Shen, and Sandy Peng. Zhang's previous experience included developments to zero-knowledge technology and multi-party computation, while Shen holds a computer science PhD and formerly worked at Google, Amazon, and Microsoft. Peng, meanwhile, was previously a partner at Fission Capital, an investor in leading blockchain projects, before co-founding Scroll.
Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 5.4K new posts about Scroll, driven by 2K contributors, and total online engagement reached 10M social interactions. The sentiment score for Scroll currently stands at 56%. Compared to all cryptocurrencies, post volume for Scroll currently ranks at 1054. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of Scroll.
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Posts
5,381
Contributors
2,049
Interactions
10,209,002
Sentiment
56%
Volume rank
#1054
X
Posts
1,276
Interactions
2,489,541
Sentiment
51%
Scroll FAQ
How much is 1 Scroll worth today?
Currently, one Scroll is worth $0.38940. For answers and insight into Scroll's price action, you're in the right place. Explore the latest Scroll charts and trade responsibly with OKX.
What is cryptocurrency?
Cryptocurrencies, such as Scroll, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Scroll have been created as well.
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