Latest Scroll (SCR) Price Analysis

By CMC AI
23 January 2026 03:01PM (UTC+0)

Why is SCR’s price down today? (23/01/2026)

TLDR

Scroll fell 0.64% over the last 24h. This minor daily move aligns with a steeper 9.5% weekly decline, driven by weak network fundamentals and bearish technical momentum. Here are the main factors:

  1. Low Network Revenue & Activity – Scroll earned just $600 in daily fees recently, signaling minimal demand and poor fundamentals for its token.

  2. Bearish Technical Momentum – Key indicators like the RSI at 41.37 show sustained selling pressure, with price below major moving averages.

Deep Dive

1. Weak Network Fundamentals (Bearish Impact)

Overview: Recent data highlights Scroll's struggle to generate meaningful network activity and revenue. On January 14, 2026, it earned only about $600 in daily fees, a fraction of leading Layer 2s like Base ($147k). Furthermore, on-chain activity has slowed significantly since its October 2024 airdrop, a pattern common among L2s after incentive campaigns end.

What this means: Low fee revenue directly reduces the fundamental value accrual to the SCR token. It indicates weak user and developer demand, which undermines the network's growth narrative and token utility. When a blockchain fails to monetize its operations effectively, it pressures the token's price as investors question its long-term viability.

What to look out for: Any sustained increase in daily active addresses or total value locked (TVL) would be a positive signal of returning demand.

2. Negative Technical Structure (Bearish Impact)

Overview: The technical picture confirms ongoing weakness. The price of $0.0748 sits below its key 7-day ($0.079) and 30-day ($0.078) Simple Moving Averages, indicating a lack of bullish momentum. The RSI (14) at 41.37 is in neutral territory but leaning toward oversold, reflecting persistent selling.

What this means: Trading below short-term moving averages suggests sellers are in control, and any rallies are being met with selling pressure. The negative MACD histogram (-0.00022259) confirms bearish momentum is still expanding. For a reversal, buyers need to push the price back above the $0.0777 level (the 50% Fibonacci retracement from recent swings).

Conclusion

Scroll's price is facing a combination of poor on-chain fundamentals and negative technical momentum, with low revenue highlighting a lack of sustainable demand. For holders, this suggests the token remains in a discovery phase where proving real utility is critical.

Key watch: Monitor whether upcoming network upgrades or partnerships can spur a meaningful rebound in daily active users and transaction volume, as this is the core metric for a fundamental turnaround.

Why is SCR’s price up today? (22/01/2026)

TLDR

Scroll (SCR) rose 1.16% in the past 24h, matching the broader crypto market's gain. This modest uptick appears to be a short-term bounce within a longer-term downtrend, driven by a new governance proposal and thin liquidity amplifying sentiment shifts. Here are the main factors:

  1. Governance Proposal Buzz – A new Scroll DAO 2.0 proposal introduces staked delegation and a $1.52M annual budget, sparking discussion about improved execution.

  2. Market-Wide Rebound – The total crypto market cap rose 1.16%, with the Altcoin Season Index up 70% over 30 days, indicating some rotation into riskier assets.

  3. Technical Oversold Bounce – Price found minor support near recent lows, with low volume suggesting the move lacks strong conviction.

Deep Dive

1. Governance Proposal & DAO Redesign (Mixed Impact)

Overview: On January 12, 2026, a proposal for “Scroll DAO 2.0” was highlighted in community discussions (Pink Brains). It suggests a shift toward a more centralized governance model with staked $SCR delegation and an annual DAO budget of $1.52M. This comes after Scroll DAO paused governance in September 2025 following leadership resignations, which had created uncertainty.

What this means: The new proposal is being interpreted as a potential step toward clearer direction and faster execution, which could be seen as a short-term positive. However, the underlying concerns about centralization and the previous governance turmoil remain longer-term headwinds. The price reaction is likely a sentiment-driven response to the prospect of improved operational clarity, rather than a fundamental shift.

What to look out for: Community voting and detailed implementation timelines for DAO 2.0, which will indicate real commitment to the new structure.

2. Broader Market Tailwinds (Bullish Impact)

Overview: The total cryptocurrency market cap increased by 1.16% over the same 24-hour period. Notably, the Altcoin Season Index has risen 70% over the past 30 days, signaling increased capital rotation into smaller-cap altcoins.

What this means: SCR’s rise aligns with a broad, albeit mild, market uptick. When fear subsides and the altcoin season index climbs, assets like SCR often experience disproportionate gains due to their lower liquidity and higher beta. The overall market sentiment remains in "Fear" (index 34), but the improving trend provides a supportive backdrop for short-term rebounds.

3. Thin Liquidity & Technical Positioning (Neutral Impact)

Overview: SCR’s 24-hour trading volume was $4.05M, resulting in a low turnover ratio of 0.279 (trading volume ÷ market cap). Technically, the price remains below all key moving averages (7-day SMA at $0.0797, 200-day SMA at $0.215), with the RSI at 44.03 indicating neither oversold nor overbought conditions.

What this means: The low liquidity means relatively small buy orders can push the price up more easily. The move appears to be a minor technical bounce from recent lows rather than a breakout, lacking the volume to suggest sustained buying pressure. The bearish long-term trend, evidenced by a 90-day decline of 52.5%, remains intact.

Conclusion

SCR’s 24-hour gain is a combination of a hopeful reaction to a new governance proposal and a gentle lift from a recovering altcoin market, all magnified by the token’s thin liquidity. For holders, this represents a tentative bounce within a prevailing downtrend, emphasizing SCR’s sensitivity to news and broader market sentiment over immediate fundamentals.

Key watch: Will the Scroll DAO 2.0 proposal gain decisive community support, and can trading volume sustain above $5M to confirm renewed interest?

CMC AI can make mistakes. Not financial advice.