What could affect SCR’s future price?

Question

Accepted Answer

## TLDR  
Scroll balances technical momentum with supply risks.

1. **Network Upgrade Impact** – Major exchanges paused SCR deposits/withdrawals until post-upgrade stability (12–19 Aug 2025).  
2. **Airdrop Dynamics** – 15% of SCR supply earmarked for community airdrops, with unclaimed tokens recycled into future distributions.  
3. **Governance Experiments** – $1.5M SCR budget approved for Governance Council to drive protocol R&D (6-month term).  
4. **Ecosystem Growth** – DeFi integrations like DaimoPay (fiat on-ramps) and $185M+ in Ether.fi Cash vaults signal rising utility.

## Deep Dive

### 1. Network Upgrade & Exchange Impact (Mixed)  
**Overview:** Upbit and Bithumb suspended SCR deposits/withdrawals starting 19 August 2025 to accommodate Scroll’s protocol upgrade. This is standard procedure to ensure compatibility, but past L2 upgrades (e.g., Optimism’s Bedrock) saw 8–12% volatility during similar halts.

**What this means:** Short-term friction could suppress trading activity, but successful upgrades typically improve network efficiency. Scroll’s upgrade focuses on zkEVM V2 optimizations – a 15x code reduction ([Scroll_ZKP](https://x.com/Scroll_ZKP/status/1920964751045316775)) that could lower transaction costs, a key growth driver.

### 2. Airdrop Supply Mechanics (Bearish)  
**Overview:** 190M SCR (19% of total supply) is circulating. The January 2025 airdrop deadline could release ~10M unclaimed tokens into future distributions, per the [airdrop FAQ](https://scroll.io/airdrop-faq).

**What this means:** While new airdrops may boost user acquisition, recycled tokens risk inflating supply if demand doesn’t scale proportionally. The 90-day price drop of 17.32% (as of 16 Sep 2025) partly reflects this overhang.

### 3. Governance & Development (Bullish)  
**Overview:** Scroll’s DAO launched a 7-week Delegate Accelerator (30/80+ applicants accepted) and a Community Council to manage 50k SCR/event grants. Active governance participation correlates with TVL growth in L2s – e.g., Arbitrum’s DAO drove a 142% TVL increase in 2024.

**What this means:** Delegates from StableLab and SEEDGov bring expertise in treasury management and cross-chain governance, potentially accelerating institutional adoption. The 1.5M SCR budget ([proposal](https://forum.scroll.io/t/proposal-governance-council-gc-formation/1071)) could fund high-impact partnerships.

## Conclusion  
Scroll’s price faces near-term headwinds from exchange halts and airdrop supply, but its zkEVM upgrades and governance experiments position it for long-term competitiveness. Technicals show oversold conditions (RSI7: 31.01), but MACD divergence hints at weakening bear momentum.

**Watch:** SCR’s price reaction post-19 August upgrade resumptions – sustained trading above $0.338 (78.6% Fibonacci level) could signal renewed bullish momentum.

Scroll (SCR) Price Prediction

TLDR

Deep Dive

1. Network Upgrade & Exchange Impact (Mixed)

2. Airdrop Supply Mechanics (Bearish)

3. Governance & Development (Bullish)

Conclusion