Binance, one of the world’s largest crypto exchange, announced earlier today that Scroll (SCR) will be listed on the exchange’s Binance Launchpool starting October 17, 2024. This is our 60th project featured on the platform and it represents the Brazilian community and Binance willingness to offer innovative solutions to our users.
Scroll is a Bytecode level compatible zkEVM Rollup improving the functionality and scaling of the Ethereum (ETH) network. Binance users can expect to receive SCR airdrops by locking BNB and FDUSD over the next two days, according to Binance. The farming process is set to commence at 12:October 9, 2024, at 00 (UTC).
Ethereum Scaling Solutions
It is noteworthy that Scroll becomes Binance’s first premarket project after a recent collaboration between Binance Spot and Binance Launchpool for including premarket services. This initiative offers traders a dual option: Through spot trades, they can either take in Launchpool rewards or get tokens early, before their official listing.
Following the airdrop and farming activities, SCR tokens will be listed on Binance’s platform on October 11 at 10:The SCR/USDT trading pair began premarket trading at 00 (UTC). The spot listing as well as the premarket end time that Binance will provide more details about in the next few days.
Scroll is an emerging zkRollup scaling solution designed to address challenges currently present in the Ethereum ecosystem by making more transactions faster and more securely. zkRollup technology used in the project is intended to make transaction costs cheaper and processing speed faster, paving the way for wider adoption of Ethereum.
Scroll is expected to see its profile rise in the investment community following its Binance listing. Meanwhile, major investment firms, such as Newman Capital, Sequoia China, Variant Fund, IOSG Ventures, and Polychain Capital have all already shown their support for Scroll’s ambitions to create one of the first Internet 3.0 products, reinforcing its vision of rewriting the blockchain narrative.
Here, Scroll enjoys the backing of influential investors and its strategic listing on Binance both position it to have a significant impact on the Ethereum network and on its’ enhanced usability and widened accessibility for users worldwide.
