Orbiter Finance, a decentralized cross-rollup bridge, announced in a tweet on Saturday that it now supports the Loopring blockchain. The team added that inactive Loopring accounts can be transferred in with Orbiter. However, the accounts need to be activated in the Loopring wallet before transferring out.
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 more than 2% so far today and is trading at $0.8279 at press time.