Share this article
Scroll zkEVM Launches, Blockchain Data Shows, Competing With Polygon, Matter Labs
The new Ethereum layer-2 network's debut adds to the competition among rival providers of so-called "zkEVMs," including Polygon and Matter Labs.
Updated Oct 17, 2023, 3:38 p.m. Published Oct 12, 2023, 6:52 p.m.
Make us preferred on Google
Scroll, a layer 2 scaling solution to the Ethereum blockchain, appears to have launched its main network, according to blockchain data.
Led by co-founder Sandy Peng, Scroll has been building a so-called ZK rollup – a layer-2 network built using zero-knowledge cryptography – that is compatible with the Ethereum Virtual Machine computing environment, or EVM. The compatibility makes it easy for developers to redeploy applications built for Ethereum onto the new "zkEVM" network.
STORY CONTINUES BELOW
Scroll’s debut adds to the competition among rival providers of zkEVMs, including Polygon and Matter Labs.
Etherscan, a blockchain explorer tool, showed the main Ethereum blockchain interacting with the “Scroll: L1 Gateway Router Proxy” over the past couple days, following a “Contract creation.”
On Dune Analytics, a blockchain analysis platform, a dashboard was launched to track the new Scroll zkEVM. As of Thursday some 370 ETH ($565,000 worth) had been bridged to the network, the dashboard shows.
Scroll’s launch comes after two years of research and about seven months after Polygon and Matter Labs released their own zkEVMs. Scroll’s zkEVM previously went live on a test network in February.
Scroll has not confirmed whether they will be coming out with their own token.
A spokesperson declined to comment on the blockchain transactions.
The blockchain data was first reported on by The Block.
Read more: Scroll Aims to Be the Turtle That Wins the Ethereum Scaling Race
More For You
KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.
What to know:
- KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
- This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
- Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
- Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
- Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.
More For You
Ethereum Foundation makes post quantum security a top priority as new team forms
EF researcher Justin Drake says a new post quantum team will drive wallet safety upgrades, research prizes and test networks as quantum timelines shorten.
What to know:
- The Ethereum Foundation has elevated post-quantum security to a top strategic priority, forming a dedicated Post Quantum team led by Thomas Coratger with support from leanVM cryptographer Emile.
- Researcher Justin Drake said Ethereum is shifting from background research to active engineering, including biweekly developer sessions on post-quantum transactions and multi-client post-quantum consensus test networks.
- The foundation is backing new cryptography with funding and outreach, launching two $1 million prizes, planning post-quantum community events and education, and stressing that blockchains must prepare early for quantum threats despite their long-term nature.
Top Stories
