The zkRollup-based Scroll (SCR) coin is seeing significant developments as the pre-market phase ends tonight and the official trading begins tomorrow. The coin has been trading on a limited basis on platforms like Binance since October 11, with an initial trading price of around $1.16, with expectations that it will continue to develop as it enters official trading tomorrow.
Current data indicates that there are significant risks as the price has fallen by around 24% since the beginning of its trading, and also because only 19% of the total supply is currently available for trading. However, Scroll relies on strong technology, making it a competitor in the Ethereum layered solutions market, especially thanks to technologies such as accelerating transaction processing times to minutes or even seconds, which enhances its scalability and use in DeFi and NFT applications.
The coins distributed via airdrop to Scroll users will be activated on October 22, with 70 million of the total supply of 1 billion units distributed. These factors may lead to an increase in activity and trading volume tomorrow when trading officially begins, especially after the premarket phase ends.
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