Scroll, a prominent Ethereum Layer 2 network, has achieved a significant milestone by reaching $1 billion in total value locked (TVL). According to L2Beat, Scroll’s TVL surged by 21.9% over the past week, bringing it to $1.01 billion. This impressive growth makes Scroll the eighth Ethereum Layer 2 network to surpass the $1 billion TVL mark. Scroll TVL Reaches $1 Billion@Scroll_ZKP hits a major milestone with $1 billion in TVL as the market turns bullish. pic.twitter.com/bJe9iUkNz3 — CryptoRank.io (@CryptoRank_io) July 15, 2024 Breakdown of Scroll’s TVL Scroll’s TVL composition is dominated by Ethereum (ETH), which accounts for 87.17% of the
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