According to the statement made by Binance, the planned listing of Scroll (SCR) has been postponed and the trading start time has been moved from 11:00 to 12:00 on October 22, 2024.

Scroll (SCR) Listing Delayed by One Hour

The delay occurred just a few hours before the original launch time, but no specific reason was given for the adjustment. Investors and traders will have to wait another hour to access SCR trading.

Market participants are advised to adjust their plans accordingly and stay updated through official announcements for further changes.

What is Scrolling (SCR)?

Scroll (SCR) is a Layer 2 scaling solution that allows Ethereum to perform faster and cheaper transactions.

This solution increases Ethereum’s transaction capacity while still ensuring security. Scroll aims to make Ethereum more accessible and more accessible to more people.

Powered by zkRollup technology, Scroll combines multiple transactions into a single proof and sends it to Ethereum. This reduces Ethereum’s transaction overhead and makes transactions both faster and less costly.

The term “zkRollup” stands for “zero-knowledge rollup.” This technology combines multiple transactions into a single proof and presents it to the Ethereum network. This significantly reduces the amount of data that needs to be processed on Ethereum, making transactions faster and cheaper.

*This is not investment advice.