SCR Token is the native token of Scroll, a Layer 2 scaling network based on Ethereum. Its core uses are governance and future network functionalities (such as paying Gas fees, staking, etc.).

🔍 Quick Overview of Basic Information

· Project Background: Scroll is a zkEVM Rollup chain, which can be simply understood as an "accelerated channel" for Ethereum. Through zero-knowledge proof technology, it can bundle and process transactions on Ethereum, making transfers faster and cheaper (reducing costs to a fraction of the original).
· Market Position: By the end of 2025, its total value locked (TVL) will exceed $1.2 billion, ranking sixth globally among Layer 2 solutions.
· Total Token Supply: 1 billion tokens in total, with approximately 190 million in initial circulation (19%).
· Recent Performance: Price has fallen significantly from its high point. As of October 2024 pre-market, the price was about $1, but the recent market price ranges between **$0.032-$0.08**.

💡 Core Highlights of the Project

· Technical Moat: Developers can migrate applications from Ethereum directly without major code changes, resulting in low ecosystem migration costs.
· Strong Ecosystem Support: Backed by top institutions such as Polychain Capital and Sequoia China.

⚠️ Potential Risks
Currently, the Layer 2 space is highly competitive (Arbitrum, Optimism, etc.), and whether Scroll can maintain its leading position remains uncertain. Additionally, new token prices tend to be quite volatile.