On Jan. 7, the Loopring Protocol’s relayer services were temporarily suspended after a large number of users joined the network.

• The relayer service stopped as a result of the users eager to try Loopring’s liquidity mining program; users’ assets are secure
• The team found the issue, a lost block, shortly after and services resumed as normal
• The Loopring Protocol and the native LRC token have both surged in popularity after Ethereum’s networks fees have risen during the market rally
• Loopring’s Layer 2 zkRollup solutions provide an alternative that offers nearly instantaneously and practically free trades