Analysis

Scroll TVL Reached $14.7 Million Since The Official Launch Of Mainnet

Key Points:

  • The Scroll TVL has reached $14.7 million since its official launch on October 17.
  • The number of Scroll independent addresses has reached 84,500, indicating growing adoption.
  • On October 22, the chain experienced over 100,000 transactions for the first time, demonstrating increasing interest in Scroll’s solution for scaling Ethereum.
Scroll TVL has reached $14.7M since the mainnet launch on Oct 17. 84,500 unique addresses and over 100,000 transactions on Oct 22.
Scroll TVL, source: L2Beat

According to L2Beat, the Total Value Locked (TVL) on the Scroll chain has reached $14.7 million since the official launch of the mainnet on October 17. The Scrollscan data reveals that the number of Scroll unique addresses has reached 84,500, and on October 22, the chain experienced over 100,000 transactions for the first time.

Scroll Unique Addresses

On October 17, 2023, Scroll announced its official launch, aiming to scale Ethereum through zero-knowledge cryptography. Founded by a group of passionate Ethereum enthusiasts and open-source contributors, Scroll has quickly attracted attention and support from the community.

Alpha Testnet Launch on Goerli

On February 27, 2023, Scroll launched its Alpha testnet on the Goerli network. Building on the success of their Pre-Alpha testnet, which had the support of over 100,000 users, Scroll has processed over 15.4 million transactions and proved 1.8 million blocks. The rollup contract on L1 has finalized more than 641,000 batches submitted as validity proofs.

During the testing phase, Scroll achieved remarkable network statistics, demonstrating its capabilities:

  • More than 450,000 smart contract deployments
  • Over 90 million total transactions
  • An average of 305,000 transactions per day
  • Production of over 9 million blocks
  • Generation of over 280,000 zero-knowledge proofs (ZK proofs)

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Thana

I am a news editor at Coincu, where I produce daily editorial packages and manage the knowledge and review article sections. Before journalism, I earned a Bachelor's degree in Global Logistics and Supply Chain Management from Northampton University and studied news journalism at Press Association Training.

Recent Posts

Best Cryptos in November 2024: Qubeticså Set for Weekly Rise, AAVE Takes Refuge in Flash Loans, XRP Spikes After Gensler Exit News

Discover the Best Cryptos in November 2024: XRP’s SEC-fueled spike, AAVE’s smart lending with flash…

57 minutes ago

Bitcoin’s (BTC) $125000 is Closer Than You Think: Here’s Why, Solana (SOL) will Hit $400 and Rexas Finance (RXS) $20 from Under $0.1 in 77 Days

Bitcoin's (BTC) path to $125,000 is more realistic than ever, fueled by increased institutional interest,…

1 hour ago

CryptoQuant Founder Reveals Memecoins Dominance Signals Weak Altcoin Narratives

Ki Young Ju compared cryptocurrency traders to game players and Web3 projects to game developers,…

3 hours ago

BonkDAO Burns 100B BONK, Plans 1 Trillion BONK Burn Before Christmas

BonkDAO burn just announced it intends to aggressively burn the circulating supply of its token,…

4 hours ago

Ethereum Layer2 TVL Surges to $43.9B with Impressive 3.76% Growth

According to L2BEAT data, Ethereum Layer2 TVL has soared to $43.9 billion, marking a 3.76%…

4 hours ago

MicroStrategy Bitcoin Holdings Exceed Nike’s Cash Reserve

MicroStrategy Bitcoin holdings reached an estimated $26 billion, topping the cash reserves of industry giants…

10 hours ago

This website uses cookies.