Latest Loopring (LRC) News Update

Deep Dive

1. @loopringorg: Wallet sunsetting spurs action – mixed

"Final day to move assets before Loopring Wallet closure – use Etherscan for post-shutdown access."
– @loopringorg (219K followers · 5.3K impressions · 2025-06-30 12:52 UTC)
View original post
What this means: Mixed sentiment as the Ethereum L2 protocol prioritizes decentralization by retiring its wallet interface, requiring active user migration while maintaining asset security assurances.

2. @yoyodexnews: Leadership shakeup rattles holders – bearish

"Loopring CEO resigns citing scaling and liquidity challenges." (Translated from Turkish)
– @yoyodexnews (63.7K followers · 4.2K impressions · 2025-08-30 08:29 UTC)
View original post
What this means: Bearish pressure as executive departure amplifies concerns about LRC's ability to solve L2 liquidity fragmentation amid declining protocol revenue (-23.64% price YTD).

3. @johnmorganFL: Falling wedge breakout eyes $0.16 – bullish

"LRC breaks multi-year pattern with 4.9% surge, targeting $0.16 if holds $0.084 support."
– @johnmorganFL (34.9K followers · 49.8K impressions · 2025-07-19 11:33 UTC)
View original post
What this means: Bullish technical narrative gains traction with 200%+ volume spike during breakout, though sustainability depends on Bitcoin dominance remaining below 59%.

Conclusion

The consensus on Loopring is mixed – bullish technicals clash with fundamental concerns about leadership and product focus. Watch July 31 DeFi product sunsetting impact on L2 activity metrics, particularly the protocol's ability to maintain $9.3M daily volume post-wallet closure. A hold above $0.05 could signal accumulation before next governance update.

Deep Dive

1. Coinbase Suspends LRC Pairs (15 December 2025)

Overview:
Coinbase halted trading for LRC-USDT and LRC-BTC on 15 December 2025, part of a broader effort to consolidate liquidity into USD pairs. The move mirrors similar past delistings (e.g., CLV, EOS) and leaves LRC accessible only via USD order books on Coinbase Advanced.

What this means:
This is bearish for LRC’s short-term liquidity and retail accessibility, as USDT/BTC pairs accounted for ~18% of LRC’s $10.6M daily volume pre-suspension. However, it aligns with exchanges’ trend of prioritizing high-demand markets amid altcoin liquidity erosion. (CoinMarketCap)

2. Exchange Delistings Accelerate (12 December 2025)

Overview:
ProBit Global and others removed LRC from spot trading in late 2025, citing low activity. Only USD pairs remain on major platforms, with warnings of full delistings if volumes don’t recover.

What this means:
This reflects weakening market engagement – LRC’s 24h volume fell 23% to $10.6M post-announcements. While exchanges aim to cut underperforming assets, prolonged delistings risk trapping retail holders in illiquid markets. (CoinMarketCap)

3. Protocol Shifts to Core Layer-2 (11 July 2025)

Overview:
Loopring sunsetted DeFi products like Dual Investment on 31 July 2025, citing reliance on centralized market makers. The team now focuses on scaling Layer-2 infrastructure for trustless systems.

What this means:
This neutral-to-bullish pivot emphasizes long-term sustainability over short-term features. While it removes yield opportunities, it aligns with Ethereum’s rollup-centric roadmap – a potential catalyst if adoption rebounds. (Loopring)

Conclusion

Loopring faces liquidity headwinds from exchange exits but bets on Ethereum’s Layer-2 future. With LRC down 23% YoY and altcoin sentiment neutral, can its protocol-first strategy revive network activity as ETH scaling demand grows? Monitor exchange reserves and L2 transaction metrics for inflection signals.

Deep Dive

1. Multi-Network Layer 3 Rollout (2026)

Overview:
Loopring plans to expand its zkRollup protocol as Layer 3 solutions on networks like Taiko and Base, enabling users to access Loopring Earn, Portal, and Block Trade features across chains. This aims to unify DeFi experiences without requiring asset bridging (Loopring Quarterly Update Q2/2024).

What this means:
Bullish for LRC as multi-chain adoption could increase utility and fee revenue. However, competition from other L2/L3 solutions like Starknet poses adoption risks.

2. Decentralization Overhaul (2026)

Overview:
Loopring is rearchitecting backend services (e.g., guardians, relayer) to eliminate centralized points of failure. This includes trustless withdrawals and reducing reliance on Loopring-operated nodes (Loopring Quarterly Update Q2/2024).

What this means:
Neutral-to-bullish – improved security and censorship resistance may attract institutional users, but delayed product timelines (e.g., browser wallet) could test community patience.

3. Portal Expansion (2026)

Overview:
Loopring Portal, a CEX-like trading interface, will expand to support non-Ethereum assets (e.g., BTC, SOL) with up to 5x leverage across multiple networks. Demo trading for risk-free practice is also planned (Loopring Quarterly Update Q1/2024).

What this means:
Bullish if adoption grows, but bearish risks linger after July 2025’s shutdown of centralized-dependent DeFi products like Dual Investment (Loopring Tweet).

Conclusion

Loopring’s roadmap prioritizes scalability and self-custody, but recent product sunsetting and leadership changes (CEO resignation) highlight execution risks. Will Taiko’s ecosystem growth offset declining LRC liquidity on major exchanges like Coinbase?

Deep Dive

1. UI Overhaul (11 July 2025)

Overview: Loopring’s GitHub shows a major frontend update to its web app (loopring-web-v2), introducing a redesigned interface and improved multi-chain interoperability.

The update prioritizes user experience with simplified navigation, dark/light mode toggles, and Ethereum/Polygon compatibility. Key changes include modular React components and integration with WalletConnect 2.0 for broader wallet support.

What this means: This is neutral for LRC because while usability improvements could attract new users, the update doesn’t directly enhance protocol economics. However, smoother cross-chain interactions may boost ecosystem activity.
(GitHub)

2. Lightcone Relay Development (Q3 2025)

Overview: Loopring’s team is developing “Lightcone” – an Akka-based relay system to optimize Layer 2 transaction processing.

The relay aims to handle 10,000+ TPS by streamlining order matching and zkProof generation. While not fully open-source yet, collaborators like Up Blockchain are testing early implementations.

What this means: This is bullish for LRC because scalable infrastructure could position Loopring as a low-cost DEX contender if adoption follows. However, delayed rollouts remain a risk.
(Loopring 2018 Retrospective)

3. Wallet Shutdown Adjustments (30 June 2025)

Overview: Code commits reflect the sunsetting of Loopring’s native wallet, requiring users to migrate assets via Etherscan interactions.

Developers removed wallet-specific APIs and redirected gas tank withdrawal logic to direct smart contract calls. Documentation guides users on manual contract interactions post-shutdown.

What this means: This is bearish for LRC short-term due to reduced beginner-friendly onboarding, but long-term lets the team focus on core exchange protocol development.
(Loopring Tweet)

Conclusion

Loopring’s recent updates emphasize technical debt reduction and scalability prep, trading user-facing features for backend robustness. While the UI refresh modernizes its platform, the wallet shutdown and relay development signal a pivot toward infrastructure over products. Will streamlined Layer 2 execution help LRC carve a niche against ZKSync and StarkNet?