Scroll is pivoting to an AI private network—can the "top-tier" L2 making $40 a day in revenue hold on?

Scroll will wind down its general-purpose public L2 over roughly nine months and convert it into a private application-specific network built around its Compass AI product suite, with the SCR token migrating to Ethereum mainnet under unchanged tokenomics. The move follows on-chain data showing Scroll generating about $41.78 in daily revenue, down 75.6% week-over-week, with roughly 9,700 daily transactions, 584 daily active addresses and about $3.6 million in TVL, while SCR trades near $0.019–$0.02, more than 98% below its December 2024 high of $1.43. The pivot lands alongside outright shutdowns: Sophon, which raised about $70 million and sold 121,000 nodes, will close its mainnet on November 30 with withdrawals due by November 25, and Abstract, operated by Pudgy Penguins parent Igloo, will shut down on December 15 after its CEO confirmed eight-figure operating losses. All three projects point to the same structural problem for general-purpose L2s: thin fee revenue after L1 data and ZK proof costs, with Sophon estimating independent L2 operation at over $3 million a year. Scroll's update is a progress notice rather than a formal DAO proposal, so holders should watch the eventual governance vote, the SCR migration mechanics, and commercial uptake of Compass and CENO, which has over 30 potential customers with 12 in proof-of-concept testing.