Scroll: everything you need to know about SCR
Axel has been immersing himself in the world of crypto and blockchain for quite some time, which he then translates into understandable articles.
Scroll facts
Abbreviation
SCR
Category
Scalable solutions
Founder(s)
Ye Zhang and Sandy Peng
Blockchain
Ethereum
Protocol
Zero-Knowledge Rollup
Launch date
2021
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What is Scroll?
Scroll is a layer-2 scaling solution for Ethereum that uses Zero-Knowledge Proof (ZKP) technology. This platform is designed to enable fast and cost-effective transactions on the Ethereum blockchain, without compromising decentralization or security.
How does Scroll work?
Scroll uses ZKPs, which allow transactions to be executed outside the main blockchain and then merged and validated on Ethereum. This ensures that the network is more scalable and cost-effective, while still benefiting from the security of Ethereum.
The SCR token
The SCR token is the native currency of the Scroll network and is used for transaction fees and rewards within the ecosystem. SCR can also serve as a reward for validators contributing to the security of the network.
The technology behind Scroll
Scroll is built on Ethereum and uses Zero-Knowledge Rollups to process transactions efficiently. ZK-Rollups combine thousands of transactions into a single batch, increasing speed and reducing costs, while allowing data to be verified with high accuracy.
The Scroll ecosystem
The Scroll ecosystem supports various applications, ranging from DeFi protocols to NFT platforms. Developers can easily build applications that work securely and quickly thanks to the scalability of Scroll.
€1.09▼5.48%
Benefits of Scroll
- High scalability: Thanks to ZK-Rollups, transactions can occur quickly and cost-efficiently.
- Strong security: Utilizes the security of Ethereum.
- Ease of use for developers: Provides tools for developers to quickly create and deploy dApps.
Disadvantages of Scroll
- Complexity of ZKP: Zero-Knowledge Proofs are complex and require a lot of computational power.
- Competition with other layer-2 solutions: Scroll competes with other solutions such as Optimism and Arbitrum.
Who is the founder of Scroll?
Scroll was founded by a team of developers who focused on the scalability and security of Ethereum, including Ye Zhang and Sandy Peng.
Expectations for the upcoming period
Experts expect a minimum price of €3.32 in 2026 and a minimum price of €10.98 in 2031.
Scroll price in the last 24 hours
View all key statistics of the past 24 hours here.
€1.14
€0.0000000000
€0.0000000000
Market information
Use these figures to get a better picture of the Scroll market.
€7.7 million
€1.34
Scroll Return On Investment
See how much the price has risen or fallen over the years.
Historical Scroll price
Here you can see Scroll's daily prices, trading volume and market cap. Looking for a specific date? You can fill in the range all you want. Maybe you'll spot the one trend!
Date | Price | Volume | Marketcap |
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Frequently asked questions
Scroll doesn't have a fixed value because the exchange rate is always in motion. Whenever you get distracted or even blink, it has already changed. Right now, the value of Scroll is €1.09.
You can easily buy Scroll on BLOX! Quickly download the app, and within two minutes, you'll have your own crypto portfolio with Scroll and your other favorite coins.
So much is happening in the crypto market that it's sometimes difficult to stay continuously informed. That's why we've already taken a look at the expectations for you. According to experts, the value of SCR is expected to continue rising steadily in the coming years. For instance, the price of Scroll is predicted to reach €2.92.
We don't have a crystal ball either, so it's up to you to decide whether you want to invest in SCR. We can only recommend once again that you thoroughly research the market and only invest what you're willing to lose.
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