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Loopring Attains A New Trading Volume Milestone

Twitter icon  •  Published 3 years ago on May 25, 2022  •  Hassan Maishera

The Loopring team announced via a tweet on Tuesday that it has achieved a new trading volume milestone.

Loopring Attains A New Trading Volume Milestone

The Loopring team announced via a tweet on Tuesday that it has achieved a new trading volume milestone. Loopring’s total layer-2 (L2) trading volume crossed the $5 billion mark for the first time earlier this week.

Loopring aims to build an open protocol for scalable, non-custodial, orderbook-based exchanges on Ethereum by leveraging zero-knowledge proofs. LRC, Loopring’s native token, is down by less than 1% today and is trading at $0.5857 at press time.

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Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.

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