Analysis

Scroll Transactions Exceeded 200K In A Single Day

Key Points:

  • On October 29, the Scroll transactions experienced a surge in activity and a record high of 87,000 new addresses.
  • The Total Value Locked (TVL) on the Scroll chain surpassed $25 million, marking a 72.4% increase in the past seven days.
The Scroll transactions experienced a surge in activity on October 29, with over 200,000 single-day transactions and 87,000 new addresses. TVL surpassed $25 million, up 72.4% in the past week.

On October 29, the Scroll network experienced a significant surge in activity. The number of daily transactions surpassed 200,000 for the first time, while the number of new addresses in a single day reached a record high of 87,000.

Scroll Transactions Skyrocket to New Heights

According to Wu, this surge may be attributed to the introduction of the Scroll Origins NFT, which has generated considerable interest and participation. The Total Value Locked (TVL) on the Scroll chain also rose to over $25 million, marking a remarkable increase of 72.4% within the past seven days.

Since its official mainnet launch on October 17, the Scroll chain has witnessed impressive adoption. According to L2Beat, the TVL on the Scroll chain has now reached $25 million. Additionally, Scrollscan data reveals that the number of unique addresses on the Scroll network has surpassed 364,754. Notably, on October 29, the network experienced over 100,000 transactions in a single day for the first time.

Scroll, which was founded in 2021 with the goal of scaling Ethereum using zero-knowledge cryptography, announced its official launch on October 17, 2023. Over a span of 15 months, Scroll successfully underwent three testnets, including extensive testing and security audits, to ensure a robust and reliable platform.

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.

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