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Home Blockchain

Scroll Single-Day Transactions Hit New 200k High: What’s the Cause?

October 31, 2023
in Blockchain
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Scroll Single-Day Transactions Hit New 200k High: What’s the Cause?
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Summary

  • Scroll, a zkEVM network, achieved a new high of over 200,000 single-day transactions on October 29, 2023.
  • The surge in activity is attributed to the recent introduction of the Scroll Origin NFT, a non-transferable soulbound NFT that celebrates early builders.
  • Eligible users will be able to claim the Scroll Origins NFT starting December 14, 2023.

zkEVM network Scroll achieved a significant milestone on October 29, exceeding a milestone of 200,000 single-day transactions. The achievement coincided with an all-time high of 86,636 new addresses created in a single day. Scroll, a new player in the zero-knowledge Ethereum Virtual Machine (zkEVM) sector, earlier recorded over $15 million in Total Value Locked (TVL) in less than one week of mainnet launch.

READ ALSO

Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

Scroll Daily transactions Surge

According to data from Scrollscan, the number of daily transactions on the Scroll network soared to a new high of 202,711 on Sunday, October 29, 2023.

Daily Transaction Chart: Source: Scrollscan

Equally impressive is the spike in new addresses, with 86,636 unique addresses recorded on the same day.

Unique addresses chart: Source: Scrollscan

What could be driving the unprecedented surge in activity on Scroll?

A potential catalyst fueling the surge is the recent introduction of the Scroll Origin NFT, a non-transferable soulbound NFT. On October 27, Scroll unveiled a commemorative NFT known as “Scroll Origins” to celebrate its early builders.

Mainnet is here, and it’s time to build! 🛠

To commemorate our launch, we are unveiling Scroll Origins, an NFT mint to celebrate our earliest builders who have been a part of our journey from the beginning. pic.twitter.com/WfZtk1kr0A

— Scroll 📜 (@Scroll_ZKP) October 26, 2023

This unique NFT features a Scroll-themed background, capturing metadata such as the first deployment date, the order of deployment, the deployment address, and the initial deployed contract transaction hash. Notably, Scroll plans additional surprises for builders who deploy exceptional contracts on the Mainnet.

“We envision the Scroll Origins NFT as a symbol of recognition for Scroll’s early builders, a link that bonds the Scroll community, and a reminder of what is possible when we build and collaborate together,” Scroll stated.

NFT Eligibility

The Scroll Origins NFT program offers three types of NFTs based on the timing of smart contract deployment within the first 60 days of the Genesis Block which occurred on October 10, 2023, at 6 AM GMT.

  • Quintic: For users deploying within the first 30 days of the Genesis Block (before November 9, 2023).
  • Quartic: For users deploying between days 30 and 45 of the Genesis Block (before November 24, 2023).
  • Cubic: For users deploying between days 45 and 60 of the Genesis Block (before December 9, 2023).
See also  If these metrics are to believed, Bitcoin might hit an ATH soon

Eligible users will be able to claim the Scroll Origins NFT on the Scroll website starting December 14, 2023, at 10 PM GMT.

Pushing Boundaries

Scroll’s mainnet journey began on October 17 following 15 months of rigorous testing and security audits across three different testnets. The Scroll Origins NFT has emerged as a strong catalyst for growth and community engagement. As Scroll continues to push the boundaries of zkEVM technology, the recent milestone serves as a testament to the platform’s growing appeal and potential within the blockchain and NFT landscape.

Tags: 200kHighhitScrollSingleDayTransactionsWhats

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