Loopring price surges by 50% after GameStop’s NFT marketplace integration By Cointelegraph

Filling multiple needs within the cryptocurrency community is one way a project can set itself apart from the competition and new attract users and liquidity to its ecosystem.

Loopring aims to do exactly this by aiming to offer a Virtual Machine- (EVM) -based solution with low fees where decentralized finance (DeFi) and nonfungible token (NFT) developers and investors can transact. The layer-2 (L2) scaling solution utilizes zk-Rollups to provide fast and low-cost transactions. The project has been gaining traction throughout the month of March.