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Scroll is an Ethereum Layer 2 solution that uses zk-rollups to make transactions faster and cheaper. It processes transactions off Ethereum’s main network to reduce congestion, then sends verified data back to Layer 1 for security, enabling Ethereum dApps to offer lower fees and quicker confirmations. Scroll is backed by its native token SCR.
Scroll (SCR) was co-founded by Ye Zhang, Sandy Peng, and Haichen Shen.
• SCR token: SCR tokens are used for governance, staking, and rewarding provers and sequencers who keep the Scroll network secure and running smoothly.
• Improved scalability: By moving transaction processing off-chain, Scroll significantly enhances Ethereum’s throughput, enabling the network to handle a greater number of transactions.
• Low transaction fees: Scroll helps lower costs for users by batching transactions and leveraging zk-rollup technology.
• Ethereum compatibility: Scroll is fully compatible with Ethereum, thanks to its zkEVM compatibility, allowing developers to deploy existing smart contracts without modifying their code.
SCR is closely tied to Scroll, a zkEVM Layer-2 solution designed to scale Ethereum without sacrificing security or compatibility. By offering faster transactions, lower fees, and full Ethereum equivalence, Scroll addresses some of the biggest challenges facing the Ethereum network today. Its use of zk-rollup technology positions it well for long-term adoption as demand for efficient and secure DApps continues to grow. While its success will ultimately depend on ecosystem growth, developer adoption, and broader market conditions, SCR has strong technical fundamentals that make it an attractive project to watch.
You can buy SCR from crypto platforms like CoinSwitch.
• SCR can be bought and traded on crypto platforms like CoinSwitch.
• SCR supports the network by rewarding provers and sequencers for verifying transactions and maintaining decentralization.
• The token can be staked to help secure the network and earn rewards.
• Token holders can vote on governance proposals to influence how the Scroll network develops.
• Scroll uses zk-rollups to process transactions off-chain, significantly increasing Ethereum’s throughput and reducing network congestion.
• By batching transactions, Scroll helps users save on gas fees, making dApps more affordable to use.
• zk-rollup technology ensures transactions are verified and trustless, maintaining Ethereum-level security.
• SCR is subject to market volatility like all cryptos.
• It competes with other Ethereum scaling solutions like Optimism, Arbitrum, and zkSync.
• Scroll’s performance and relevance are closely tied to Ethereum’s ongoing development.
• Start investing in SCR with just ₹100.
• CoinSwitch provides a seamless and intuitive trading experience for users.
• Easily manage your transactions and portfolio on the app.
The SCR token was launched on October 22, 2024, and was distributed through events such as the Binance Launchpool and a points farming program that ended on Feb 17, 2025. Scroll raised a total of $83 million across multiple private rounds, including a $50M funding round in March 2023, backed by top-tier investors like Bain Capital Ventures, Polychain Capital, HongShan, and Variant.
DeepBook Protocol
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1. What is Scroll (SCR)?
Scroll is an Ethereum Layer-2 scaling solution that uses zk-rollups to process transactions off the main Ethereum chain, reducing congestion and enabling faster, cheaper transactions with Ethereum-level security.
2. What are the key features of Scroll (SCR)?
Scroll offers improved scalability, low transaction fees, strong security through zk-rollups, and full Ethereum compatibility. Its native token, SCR, is used for governance, staking, and rewarding provers and sequencers.
3. Is SCR a promising crypto?
SCR benefits from strong technical fundamentals and zkEVM technology that addresses Ethereum’s scaling challenges. Its long-term potential depends on ecosystem growth, developer adoption, and overall market conditions.
4. How can I buy and use SCR in India?
SCR can be bought and traded on platforms like CoinSwitch.
Highlight
Scroll is a Layer 2 scaling solution for Ethereum that processes transactions off the main Ethereum chain, reducing congestion and improving network speed.
SCR Price Today
SCR Price
₹2.4
Price Change 24h
0%
Price Change 7d
6.22%
Market Rank
#1269
Market Cap
₹43 Cr.
Trade Vol 24h
₹17 Cr
Circulating Supply
₹19 Cr. SCR
Trading Activity
Not Available
Disclaimer : Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The information provided in this post is not to be considered as investment/financial advice from CoinSwitch. Any action taken upon the information shall be at user's own risk.
