Scroll (SCROLL)
EVM-equivalent ZK rollup with strong technical credibility but token launch timing terrible; massive releases ahead
Ranked 129th of 251 rated tokens. Scoring pass 11 Jun 2026.
What the numbers say
SCROLL scores 102 of 250 across the 25-variable framework, which places it 129th of 251 rated tokens and inside the lower half of the set. The framework verdict is WATCH.
The score rests on Exchange Depth 7/10, 12th of 251, Regulatory Safety 7/10, 17th of 251, P/S Multiple 6/10, 23rd of 251 and Team Execution 6/10, 30th of 251.
Against the same universe, SCROLL sits in the bottom third on Circulating / FDV Ratio 2/10, 241st of 251, Supply Inflation 2/10, 228th of 251, Vesting Schedule 2/10, 223rd of 251 and Insider Selling 3/10, 201st of 251. These are the variables that would have to move for the verdict to change.
Only 19% of SCROLL's maximum supply is in circulation, so 5.26x the current float is still scheduled to arrive. Holding price per token flat while the rest enters circulation implies 81% of the fully diluted value sitting ahead of today's holders. That is a heavy overhang: most of the eventual supply has not reached the market yet.
SCROLL trades 98.6% below its all-time high of $1.43. Recovering that level is a 71.4x move, not a 98.6% one, which is the arithmetic most drawdown charts hide.
The framework score gained 7 points against the previous pass (95 to 102). Revisions of this size follow a change in the underlying variables, not a change in price.
$115.0M sits in the protocol. The token is capitalised below the value locked in the protocol.
25-variable breakdown
Each variable is scored 1 to 10 and ranked against every other rated token, so a 7 that ranks 20th means something different from a 7 that ranks 180th. The rank is the part that is hard to get anywhere else.
Cash flow
| Protocol Revenue | 3 | 98th of 251 | |
| Revenue Trend | 3 | 117th of 251 | |
| P/S Multiple | 6 | 23rd of 251 | |
| Real Staking Yield | 3 | 143rd of 251 |
Supply
| Supply Inflation | 2 | 228th of 251 | |
| Vesting Schedule | 2 | 223rd of 251 | |
| Circulating / FDV Ratio | 2 | 241st of 251 | |
| Buyback and Burn | 2 | 114th of 251 |
Ownership
| Smart Money Flows | 4 | 93rd of 251 | |
| Insider Selling | 3 | 201st of 251 | |
| Holder Concentration | 3 | 197th of 251 |
Traction
| TVL Trend | 4 | 65th of 251 | |
| Active Users | 4 | 91st of 251 | |
| Developer Activity | 6 | 33rd of 251 | |
| Network Growth | 4 | 100th of 251 |
Position
| Market Share | 4 | 87th of 251 | |
| Competitive Moat | 5 | 57th of 251 | |
| Institutional Adoption | 4 | 71st of 251 | |
| Exchange Depth | 7 | 12th of 251 | |
| Social Mindshare | 4 | 86th of 251 |
Risk
| Regulatory Safety | 7 | 17th of 251 | |
| Catalyst Calendar | 4 | 90th of 251 | |
| BTC Alpha Potential | 4 | 45th of 251 | |
| Team Execution | 6 | 30th of 251 | |
| Treasury Runway | 6 | 33rd of 251 |
The vertical tick on each bar marks the median score across all 251 rated tokens, so a bar ending left of the tick is below the universe on that variable.
Catalyst and risk
Next catalyst
ZK proof generation cost reductions enabling Scroll to undercut Arbitrum/Optimism on fees at scale
Principal risk
Only 19% circulating; EVM-equivalence not enough to differentiate; TVL stagnant vs Base which dominates mindshare
Market and supply
SCROLL now trades as SCR. The scoring pass ran under the old ticker, so the scores below are filed under SCROLL while the market figures track SCR.
| Price | $0.0198 |
| Market cap | $3.8Mrank 1750 |
| All-time high | $1.4313 Dec 2024 |
| Circulating supply | 190,000,000 |
| Eventual supply (max supply) | 1,000,000,000 |
| Dilution to full supply | 5.26x |
| Total value locked | $115.0M |
| Listed on | Binance, OKX, Bybit |
Price, market cap, supply and all-time high from CoinGecko, fetched 6 Aug 2026. The 25 scores come from the research pass dated 11 Jun 2026 and don't move with price.
Tokens with a similar profile
These are the closest matches to SCROLL measured on the shape of all 25 variables after removing overall quality, so what they share is a pattern of strengths and weaknesses rather than a similar size or price.
Sources
- [DefiLlama] Scroll is EVM-equivalent ZK rollup; TVL around $100-130M with consistent but not explosive growth
- [TokenUnlocks] SCROLL token launched Oct 2024 with only 15-19% circulating supply; Polychain/Sequoia allocations open through 2027
- [Scroll Documentation] Scroll processes EVM transactions with ZK proofs; cheaper than Ethereum mainnet but competing with dozens of L2s
Common questions
- What is the Early Thunder score for Scroll (SCROLL)?
- SCROLL scores 102 out of 250 on the 25-variable framework, ranking 129th of 251 rated tokens (lower half). The framework verdict is WATCH.
- What are SCROLL's strongest fundamentals?
- SCROLL ranks highest on Exchange Depth 7/10, 12th of 251, Regulatory Safety 7/10, 17th of 251, P/S Multiple 6/10, 23rd of 251 and Team Execution 6/10, 30th of 251. Ranks are measured against all 251 tokens in the same scoring pass.
- What are the weakest parts of the SCROLL thesis?
- SCROLL scores in the bottom third of the universe on Circulating / FDV Ratio 2/10, 241st of 251, Supply Inflation 2/10, 228th of 251, Vesting Schedule 2/10, 223rd of 251 and Insider Selling 3/10, 201st of 251. The single risk carried on the scorecard is: Only 19% circulating; EVM-equivalence not enough to differentiate; TVL stagnant vs Base which dominates mindshare
- How much SCROLL supply is still to enter circulation?
- 19% of eventual SCROLL supply is circulating today, leaving 5.26x the current float still to arrive. At a flat price per token that is 81% of fully diluted value ahead of current holders.
- How far is SCROLL from its all-time high?
- SCROLL trades 98.6% below its all-time high of $1.43. Returning to that high requires a 71.4x move from the level used in this scoring pass.
- Which tokens have a similar profile to SCROLL?
- Measured on the shape of all 25 scored variables rather than on price, the closest matches to SCROLL are ZK (95), STRK (93), IO (108) and BLUR (84). Similarity here means the same pattern of strengths and weaknesses, not a similar market cap.
- What is the next catalyst for SCROLL?
- ZK proof generation cost reductions enabling Scroll to undercut Arbitrum/Optimism on fees at scale
Keep reading
Research and analysis, not investment advice. Scores are one framework applied consistently across 251 tokens, not a prediction of price.