Loopring is a blockchain protocol for Etherium Layer-2, built using zk-rollup. In other words, the company has come up with a system to reduce the commission, accelerate Etherium transactions. Advantages of the protocol: security, low fees for transfers, speed, commission for transfers inside Loopring (Ethereum Layer-2) is less than $1, almost instant transactions.

Loopring news today, LRC crypto latest news of token ticker

Loopring

We welcome more + more #NFT use-cases migrating over to Loopring L2 for a fast, cheap + secure NFT experience💙

Amazing to see music artists releasing full EPs, with an interactive music player baked into the #NFTs on L2✨

Music, gaming, art, do it all #onLoopring💙 https://t.co/Yf9BLQJFEg

We welcome more + more #NFT use-cases migrating over to Loopring L2 for a fast, cheap + secure NFT experience.