Loopring aims to do exactly this by aiming to offer an Ethereum 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.
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Source: Cryptocurrency - investing.com
