Loopring permanently shut down its decentralized exchange after falling behind EVM-compatible layer 2 rivals

🚨 Loopring just shut down its decentralized exchange as it failed to keep up with leading EVM-compatible layer 2s.
⏳ All user funds in $LRC will be automatically returned—no action needed.
📉 Loopring’s architecture and token struggled as developers and liquidity shifted to rival layer 2 networks.

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