Where is Scroll?

Scroll (SCR) was recently launched in October 2024 and aims to improve the scalability of the Ethereum network using zkRollup technology. SCR is one of the most important layer-two projects that provide solutions to the problems of high fees and transaction speed on the Ethereum network.$SCR

Currently, SCR is trading at a price ranging between $1.35 and $1.36, a significant decrease compared to the launch price of around $1.94. This decrease reflects the expected market volatility of digital currencies in the first period after the launch, considering that only 19% of the total supply is currently circulating in the market.

Regarding the long-term outlook, analysts expect that the fair value of the coin may rise with the increased adoption of Scroll technology and its use by developers to expand the scope of Ethereum, especially since the platform supports decentralized governance and allocates $100 million to support projects and innovators.

Therefore, the current price of the currency is considered part of a stabilization phase that may witness continuous fluctuations until its adoption and spread increases.