The Infrastructure Never Died
At the highest level, Ethereum itself did not fail. This proves that the broader thesis behind decentralized computation and programmable finance still exists.
Ethereum (ETH) continues to secure billions in value, maintain one of the largest developer ecosystems in crypto, and serve as foundational infrastructure for decentralized finance, Layer 2 scaling, stablecoins, and tokenized assets.
Within that ecosystem, Loopring still exists as functioning infrastructure. Here is the undeniable proof:
- The Layer 2 protocol remains operational.
- Transactions still settle.
- The decentralized exchange (DEX) still works.
- L2 Wallet addresses remain active.
- NFT functionality also remains supported within the ecosystem.
Liquidity still moves through the LRC protocol. Trades are still occurring on-chain through the protocol today. You can verify this directly through the official Loopring explorer:
This distinction matters because it separates narrative collapse from technical collapse. From a purely technical perspective, the Loopring protocol is alive and being used today!