Scroll (SCR), the first project to be traded pre-market on Binance, has seen its market capitalization drop to $8.16 million, marking an 83% decline over the past year. This sharp decrease comes after Scroll raised $50 million in 2023, achieving a valuation of $1.8 billion at the time. Despite its current market challenges, Scroll has been praised by Vitalik and the Ethereum Foundation, and is regarded as a benchmark for Ethereum's zkEVM technology.
Scroll's Market Cap Plummets 83% Despite Past High Valuation
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