Loopring plans to support NFTs on the second floor, and LRC trading volume and growth are at the top of the Coinbase list

Luyin's second-tier trading volume hit a short-term high in the past 24 hours, reaching 38 million US dollars. LRC's trading volume reached a record high. The increase was at the top of the Coinbase list, ranking in the top 5 in trading volume, second only to mainstream currencies such as BTC and ETH. Up to now, the total amount of locked storage on the second floor of Luyin is 165 million US dollars.

Currently, first-tier NFT transactions have the characteristics of large transaction volume and high processing fees. OpenSea alone has burned nearly 10,000 ETH since the launch of EIP1559 alone. Will the transaction costs of NFTs stay high? What new changes will ZKRollup Level 2, which has zero gas and transactions in seconds, bring to the entire NFT industry? Will more imaginative business models be born as transaction costs decrease? Loopring founder Wang Dong will reveal more second-tier NFT details at the Ethereum EdCon conference at the end of August.