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Loopring Plans To Support Layer 2 NFTs, LRC Is Ranked Top 5 In Coinbase 24h Trading Volume
Summary: The trading volume on Loopring Layer 2 hit a short-term high of $38million in the past 24 hours. The trading volume of LRC reached a record high, ranking first among Coinbase and fifth in trading volume after BTC, ETH and other top mainstream currencies. As of today, the total volume locked (TVL) on Loopring Layer ...
The trading volume on Loopring Layer 2 hit a short-term high of $38million in the past 24 hours. The trading volume of LRC reached a record high, ranking first among Coinbase and fifth in trading volume after BTC, ETH and other top mainstream currencies. As of today, the total volume locked (TVL) on Loopring Layer 2 is $165 million.
Currently, Layer 1 based NFT transactions are characterized by large trading volumes and high commission fees. Opensea has burned nearly ten thousand ETH since EIP1559 was launched. Will NFT transaction costs remain high? What new changes will a zkRollup Layer 2 with zero Gas fees and near-instant transactions bring to the entire NFT industry? Will lower transaction costs lead to more imaginative business models? Loopring founder Daniel Wang will reveal more details of Layer 2 NFTs at EDCON in late August.
Tags: Coinbase,Layer 2,Loopring,NFT
Link: Loopring Plans To Support Layer 2 NFTs, LRC Is Ranked Top 5 In Coinbase 24h Trading Volume [Copy]
