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Loopring Reaches 100,000 L2 Accounts

Twitter icon  •  Published 3 years ago on May 31, 2022  •  Hassan Maishera

The Loopring team announced via a tweet on Monday that it has achieved a new Layer-2 milestone.

Loopring Reaches 100,000 L2 Accounts

The Loopring team announced via a tweet on Monday that it has achieved a new Layer-2 milestone. Loopring’s total layer-2 (L2) total accounts crossed the 100,000 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 up by more than 8% today and is trading at $0.5537 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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