Scroll

Ethereum

After Binance’s announcement, the largest U.S. crypto exchange, Coinbase, has revealed that it will list the Scroll (SCR) altcoin for futures trading on its global platform, Coinbase International. This move has sparked excitement among crypto investors, especially those looking to trade futures on Scroll. 
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<h2 id="scroll-gaining-support-from-binance-and-coinbase">Scroll Gaining Support from Binance and Coinbase</h2> 
Scroll’s rise in the crypto world isn’t limited to Coinbase. Binance, one of the largest cryptocurrency exchanges, had already listed Scroll, enhancing its global recognition. Binance’s support has helped Scroll become a widely traded asset, offering various trading opportunities to users and increasing its liquidity. Binance’s decision to list Scroll for futures trading further signals the asset’s potential, strengthening its position in the market. 
<h2 id="community-driven-growth-and-airdrop-success">Community-Driven Growth and Airdrop Success</h2> 
Scroll’s journey is not just about exchange listings. The altcoin has also captured attention with its community-focused projects. On October 21, Scroll launched its first airdrop as a way of thanking the community that contributed to its success. According to an official post on X, the airdrop is a celebration of the project’s global achievements, involving support from over 90 organizations in 30 countries. 
Starting October 22, users could claim the airdrop rewards, with the claim period set to last for 90 days. Airdrops often boost community engagement and renew interest in projects, making them a popular tool for encouraging participation. For Scroll, this airdrop has created significant interest in the future of the project. 
<img loading="lazy" loading="lazy" decoding="async" class="alignnone size-full wp-image-52064" src="https://thebitjournal.b-cdn.net/wp-content/uploads/2024/10/Scroll-SCR-being-listed-on-major-exchanges-like-Coinbase-and-Binance.-The-image-should-depict-digital-charts-showing-marke.webp" alt="Coinbase Joins the Race: Lists Altcoin Recently Added by Binance! = The Bit Journal" width="1792" height="1024" title="Coinbase Joins the Race: Lists Altcoin Recently Added by Binance! 42"> 
<h2 id="what-is-scroll-scr">What is Scroll (SCR)?</h2> 
Scroll (SCR) is a Layer-2 solution aimed at solving the scalability issues on the Ethereum network. Its primary goal is to increase Ethereum’s transaction capacity and reduce costs, all while preserving its security and decentralization. Scroll achieves this by utilizing zkEVM (Zero-Knowledge Ethereum Virtual Machine) technology, which allows faster and more efficient <a href="https://thebitjournal.com/vitalik-to-minimise-ethereum-pos-centralization/" target="_blank" rel="noopener">Ethereum</a> transactions without compromising on security or compatibility. 
The zkEVM technology enables developers to run Ethereum-compatible smart contracts, ensuring seamless operation for decentralized applications (dApps) on the network. Scroll provides lower transaction fees and higher processing capacity, making it a significant contributor to the Ethereum ecosystem’s growth. The project’s ultimate mission is to take Ethereum’s scalability to the next level, reaching billions of global users. 
<h2 id="scroll-s-performance-in-the-market">Scroll’s Performance in the Market</h2> 
Scroll (SCR) isn’t just making waves on Coinbase and Binance. It is also listed on major exchanges like Bybit, KuCoin, Bitget, Gate.io, MEXC, and others. After its launch, Scroll began trading at $1.25 but briefly dropped to $1.21 before recovering. The project’s market capitalization currently stands at $238 million, with a fully diluted valuation (FDV) of $1.25 billion, indicating its growing presence and increasing interest from investors. 
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Coinbase Joins the Race: Lists Altcoin Recently Added by Binance!

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