Deutsch
Français
English
Español
Italiano
العربية
中文
Português
Русский
TürkçeScroll Information
Scroll is an innovative cryptocurrency that aims to enhance privacy and scalability within blockchain technology. By utilizing advanced cryptographic techniques, it offers users a secure and efficient way to transact without compromising their personal information. With a growing community and increasing adoption, Scroll stands out as a promising player in the evolving crypto landscape.
Scroll is a decentralized layer-2 scaling solution designed to enhance the performance and usability of Ethereum-based applications. As an intriguing project in the cryptocurrency landscape, Scroll has been gaining both interest and traction. This article explores the historical performance of Scroll, assesses its advantages and disadvantages, and offers insights into its future prospects.
Historical Performance of Scroll
Since its inception, Scroll has experienced notable volatility typical of the cryptocurrency market. The project reached its All-Time High (ATH) of $1.4 on October 22, 2024, but has since declined approximately 45.4%, currently trading at around $0.76. The All-Time Low (ATL) was recorded at $0.71 just recently on October 28, 2024, indicating some resilience as it has rebounded slightly from that level.
Advantages of Scroll
One of the primary advantages of Scroll is its ability to speed up transactions while reducing costs, which is essential for mass adoption of decentralized applications (dApps). By utilizing a rollup technology, Scroll aims to significantly decrease the congestion typically seen on the Ethereum network, providing a smoother user experience.
Furthermore, Scroll has a strong community base and developer support, which are crucial for the longevity and growth of any cryptocurrency project. The integration of advanced cryptographic techniques enhances security, making Scroll a viable option for developers looking to build on Ethereum without the usual limitations.
Disadvantages of Scroll
Despite its promising features, Scroll has some drawbacks. Firstly, its dependency on the Ethereum network means that it is subject to Ethereum’s challenges, including fluctuating gas fees and scalability issues that can still affect layer-2 solutions.
Moreover, the competitive landscape for layer-2 solutions is growing increasingly crowded, with numerous projects vying for attention and adoption. As more scaling solutions are developed, Scroll must continuously innovate to maintain its relevance in the market.
Future Prospects for Scroll
The future outlook for Scroll appears promising, especially with the ongoing growth in the decentralized finance (DeFi) space and non-fungible tokens (NFTs). The utility of layer-2 solutions is becoming more apparent as the demand for faster, cheaper transactions rises. If Scroll can continue to enhance its technology and user experience, it stands a good chance of capturing market share within the Ethereum ecosystem.
Additionally, as the overall cryptocurrency market matures, projects that focus on usability and developer-friendly environments are likely to thrive. If Scroll can leverage its existing strengths and navigate the challenges ahead, it could emerge as a key player in the Ethereum layer-2 sector.
Conclusion
In conclusion, Scroll is an exciting project that aims to tackle the challenges of scaling on the Ethereum network. While it has seen significant fluctuations in its price, the project's potential for growth through enhanced transaction efficiency and cost-effectiveness cannot be overlooked. However, it must remain vigilant and innovative amidst stiff competition. As always, investors should conduct thorough research and consider market dynamics before making decisions in the ever-evolving cryptocurrency landscape.
|
from price
$1
|
General Information |
|---|
|
Title
Scroll
|
|
Symbol
scr
|
|
Whitepaper
-
|
|
Website
|
|
Community
-
|
|
Last Updated
2025-01-05 23:54
|
Price Data |
|
Current Price $
1.027
$
|
|
High 24h
1.031
$
|
|
Low 24h
1.005
$
|
|
Price Change 24h
0.00093405
$
|
|
Price Change % 24h
0.09105
%
|
Market Data |
|
Market Cap
142640095
|
|
Total Volume
22311319
|
|
Market Cap Change 24h
92203
|
|
Market Cap Change % 24h
0.06468
%
|
|
Return on Investment (ROI)
-
|
Supply and Availability |
|
Circulating Supply
138900861.25827
|
|
Total Supply
1000000000
|
|
Max Supply
1000000000
|
Historical Data |
|
All Time High (ATH)
1.43
|
|
ATH Change %
-28.03823
%
|
|
ATH Date
2024-12-13 06:35
|
|
All Time Low (ATL)
0.540241
|
|
ATL Change %
89.95451
%
|
|
ATL Date
2024-11-04 22:02
|