ETHEREUM zkROLLUP PIONEER LOOPRING IS SHUTTING DOWN ITS DEX
Once worth over $5 BILLION, Loopring is shutting down the DEX that helped pioneer Ethereum's zkRollup revolution.
The team says newer zkEVM technology has made its architecture obsolete, marking the end of one of crypto's earliest Layer-2 success stories.
$LRC now trades 99% below its all-time high, with its market capitalization collapsing to just $17 Million.
$ETH
$BTC
#ETH
#ETHETFsApproved
Once worth over $5 BILLION, Loopring is shutting down the DEX that helped pioneer Ethereum's zkRollup revolution.
The team says newer zkEVM technology has made its architecture obsolete, marking the end of one of crypto's earliest Layer-2 success stories.
$LRC now trades 99% below its all-time high, with its market capitalization collapsing to just $17 Million.
$ETH
$BTC
#ETH
#ETHETFsApproved