Loopring suffered a decline in TVL in 2022. LRC continues to record increased token sell-offs. As the ongoing crypto winter lingers in the new year, LRC, the native token that powers leading layer 2 zkRollup protocol Loopring, was among the top ten cryptocurrency assets by trading volume among the top 500 Ethereum whales in the
![Loopring [LRC] sees increased distribution as new trading year commences](https://images.cryptocompare.com/news/default/ambcrypto.png "Loopring [LRC] sees increased distribution as new trading year commences")
