{"id":51936,"date":"2025-05-06T14:41:10","date_gmt":"2025-05-06T14:41:10","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/loopring-price-jumps-14-as-daily-volume-skyrockets\/"},"modified":"2025-05-06T14:41:10","modified_gmt":"2025-05-06T14:41:10","slug":"loopring-price-jumps-14-as-daily-volume-skyrockets","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/loopring-price-jumps-14-as-daily-volume-skyrockets\/","title":{"rendered":"Loopring price jumps 14% as daily volume skyrockets"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/loopring-price-bulls-charging-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/loopring-price-bulls-charging-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/loopring-price-bulls-charging-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/loopring-price-bulls-charging-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>Loopring (LRC) has surged more than 14% in the past 24 hours.<\/li>\n<li>The native token of the Ethereum-based layer-2 scaling solution has also seen a massive jump in daily trading volume.<\/li>\n<li>If bulls hold onto gains, LRC price could target highs of $0.44 in the short term.<\/li>\n<\/ul>\n<p>Loopring (LRC), the native token of the Ethereum-based layer-2 scaling solution, has surged by 14% in the past 24 hours, accompanied by a notable spike in trading volume.<\/p>\n<p>According to data from CoinMarketCap, the price of LRC now hovers around $0.1058, suggesting fresh interest in the decentralized finance (DeFi) protocol.<\/p>\n<p>LRC\u2019s rally, which comes with a massive spike in volume, follows Loopring\u2019s recent announcement of its official DeFi documentation that highlights innovative earning and trading solutions.<\/p>\n<p>But could this push the Loopring price higher?<\/p>\n<h2>Loopring price jumps to a month-high mark<\/h2>\n<p>As data from CoinMarketCap shows, the 14% price jump has propelled Loopring to a month-high mark above $0.10.<\/p>\n<p>The gain aligns with a huge increase in trading activity, with LRC seeing a 2,600% jump in the 24 hours to over $204 million, at the time of writing.<\/p>\n<p>While <a href=\"https:\/\/coinjournal.net\/news\/which-way-for-ethereum-eth-price-with-the-pectra-upgrade\/\">other coins<\/a> have posted similar surges, this suggests that investors are taking notice of Loopring\u2019s latest developments.<\/p>\n<p>The project\u2019s focus on redefining DeFi with a CeFi-like experience, while maintaining a trustless environment, seems to be resonating with the community.<\/p>\n<p>It combines with Loopring\u2019s zkRollup technology, which enables faster and cheaper transactions on Ethereum, to indicate renewed optimism.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Our Loopring DeFi dev docs are now live\ud83d\udc99<\/p>\n<p>Whether you want to learn how to deposit, withdraw, use the products inside or get to know the API documentation \u2013 our docs are built to help you get the most out of Loopring DeFi \ud83e\udd13<\/p>\n<p>\ud83c\udf10\u2192 <a href=\"https:\/\/t.co\/Dw4OMdjFlh\">https:\/\/t.co\/Dw4OMdjFlh<\/a> <a href=\"https:\/\/t.co\/YQ3L9g7vY4\">pic.twitter.com\/YQ3L9g7vY4<\/a><\/p>\n<p>\u2014 Loopring\ud83d\udc99 (@loopringorg) <a href=\"https:\/\/twitter.com\/loopringorg\/status\/1918267816693715122?ref_src=twsrc%5Etfw\">May 2, 2025<\/a><\/p>\n<\/blockquote>\n<h2>LRC price prediction<\/h2>\n<p>From a technical perspective, Loopring is showing signs of a potential breakout.<\/p>\n<p>The token is attempting to rebound from the lower border of a falling wedge pattern.<\/p>\n<p>A look at the weekly timeframe paints this setup, usually viewed as bullish by analysts.<\/p>\n<figure id=\"attachment_305185\" aria-describedby=\"caption-attachment-305185\" class=\"wp-caption alignnone\"><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"size-full wp-image-305185\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/05\/loopring-price-chart.png\" alt=\"Loopring Price Chart From TradingView\" width=\"1057\" height=\"545\"\/><figcaption id=\"caption-attachment-305185\" class=\"wp-caption-text\"><a href=\"https:\/\/www.tradingview.com\/symbols\/LRCUSD\/\" target=\"_blank\" rel=\"noopener\">Loopring price chart<\/a> by TradingView<\/figcaption><\/figure>\n<p>If this bounce confirms, LRC could rally toward $0.31 and $0.44 in the medium term.<\/p>\n<p>Such a move will represent a significant recovery for the token, with the projection aligning with the historical pattern of a falling wedge.<\/p>\n<p>It typically signals a reversal after a downtrend.<\/p>\n<p>However, the broader market sentiment will play a crucial role.<\/p>\n<p>On the downside, failure to break above this level could see LRC retest support near $0.07 and potentially $0.02.<\/p>\n<p>Loopring\u2019s fundamentals, such as its focus on DeFi innovation and layer-2 scaling, provide a strong case for growth.<\/p>\n<p>Nonetheless, investors are likely to remain cautious amid inherent crypto market risks, including regulatory developments and market volatility<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/loopring-price-jumps-14-as-daily-volume-skyrockets\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Loopring (LRC) has surged more than 14% in the past 24 hours. The native token of the Ethereum-based layer-2 scaling solution has also seen a massive jump in daily trading volume. If bulls hold onto gains, LRC price could target highs [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":51937,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/51936"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=51936"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/51936\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/51937"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=51936"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=51936"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=51936"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}