-Loopring (LRC) is currently ranked #273 with a market cap of $138 million, reflecting a 2.64% increase.

-The price stands at $0.1009, having risen by 3.00% in the last 24 hours. Trading volume over the past day is $18.9 million, up by 9.47%.

- Loopring’s total value locked (TVL) is $31.48 million, giving it a market cap-to-TVL ratio of 4.38.

- The circulating supply of LRC is 1.36 billion, with a total supply of 1.37 billion. The max supply is not specified.

Loopring DeFi Launch on Base

-Loopring has launched its DeFi platform on Base, a layer-2 solution, to connect CEX liquidity with self-custody wallets. This move aligns with Base's goal of bringing blockchain to a billion users, improving accessibility.

Q1 2025 Update

- Loopring's Q1 2025 update focuses on the DeFi launch on Base, Portal upgrades, and plans for a new mobile experience. Upcoming features include limit orders, cross-chain expansion of meme and AI coins, and enhanced DeFi promotions.

Market Sentiment and Adoption

- The launch on Base and partnerships, such as with Uptick Network for NFT marketplaces, indicate increasing adoption. However, bearish sentiment in the derivatives markets, highlighted by negative funding rates, suggests cautious behavior among traders.

The DeFi launch on Base, Portal enhancements, and cross-chain expansion are promising developments, showcasing strong growth. On-chain insights reveal increasing interoperability, while ongoing improvements in wallet security aim to address potential vulnerabilities.Check out the LRC price prediction for more insights and details.
https://coinpedia.org/price-prediction/loopring-lrc-price-prediction/