Scroll’s Token Declines 32% as Whales Scoop Up Airdrop
After more than a year of hype and expectation, layer-2 network Scroll’s governance token launch is beginning to fall short of expectations after being plagued by token allocation issues.
Scroll
Scroll’s SCR Token Debuts at $212M Market Cap in Volatile Trading Session
Layer-2 network Scroll released its long-awaited native governance token on Tuesday. Traders have priced SCR at around $1.10, or a $212 million market cap, based on the circulating supply figure of 190 million.
What to Expect Over the Coming Week in Crypto: Scroll Enters the Frame
As the crypto market teeters back into euphoric territory following a rally to three-month highs, several investors are focusing on the release of Scroll, a hyped layer-2 network that will release its native governance token next week.
Scroll Airdrop Allocation Met With Dismay From Farmers
Airdrop farmers are up in arms over the release of layer-2 network Scroll’s airdrop allocation this week, with 7% being set aside for early adopters whilst centralized exchange Binance will receive 5.5% for its Launchpool users.
Layer-2 Scroll Shares Plans for SCR Token Airdrop
The team said that the SCR token would be the first step in its roadmap to decentralization.
Ethereum’s Buterin Floats Prospect of Taking Some Layer-2 Functions Back on Main Chain
Vitalik Buterin, a member of the Ethereum Foundation’s executive board, once pushed “layer-2” networks as a way to provide faster and cheaper transactions. Now he’s got ideas for “enshrining” some of those functions on the main chain.
Scroll zkEVM Launches, Blockchain Data Shows, Competing With Polygon, Matter Labs
The new Ethereum layer-2 network’s debut adds to the competition among rival providers of so-called “zkEVMs,” including Polygon and Matter Labs.