Loopring Wallet Network Diagnostics for Improvement

# Loopring Wallet Status: Network Diagnostics & Improvement Context ## Executive Summary **Loopring Wallet service has been discontinued as of June 30, 2025**, with all interface operations officially ceased. The protocol has shifted focus entirely to building scalable, decentralized Layer 2 solutions, sunsetting their wallet product and associated DeFi offerings. [X](https://x.com/loopringorg/status/1943596767385129404) ## Current Status: Wallet Discontinuation ### Timeline of Shutdown Events | Date | Event | Impact | |------|-------|--------| | 2025-05-28 | Initial shutdown announcement | Wallet operations to cease by end of June 2025 | | 2025-06-30 | Final day for asset migration | Last day to move assets through standard interface | | 2025-07-31 | DeFi products sunset | Dual Investment and Portal services terminated | The decision to sunset the wallet and DeFi products was announced as a strategic pivot to focus on "building a scalable, truly decentralized future for Loopring Layer 2." The team stated that products like Dual Investment and Portal "depended on centralized market makers" and couldn't scale while maintaining trustlessness. [X](https://x.com/loopringorg/status/1943596769155162602) ## What This Means for Network Diagnostics **Network diagnostics for the Loopring Wallet are no longer relevant** since the service has been discontinued. The interface is no longer operational, and users cannot interact with it through standard means. ### For Users With Remaining Assets If you still have assets in a Loopring Wallet smart contract, you have two options: 1. **Direct Smart Contract Interaction**: You remain the owner of your smart contract wallet and can interact with it using Etherscan to withdraw/transfer assets. [X](https://x.com/loopringorg/status/1935409232569827546) 2. **Loopring Pro Web DApp**: The Loopring Layer 2 protocol remains functional and accessible through the Loopring Pro web application at [pro.loopring.io](https://pro.loopring.io). [X](https://x.com/loopringorg/status/1935412922324242825) ## Loopring's Current Focus The protocol is now "going all-in on scalability & decentralization" for their Layer 2 solution. This suggests ongoing development and potential improvements to their core zkRollup technology rather than wallet services. ## Data Limitations **Note**: This analysis is based on historical Twitter announcements from mid-2025. Current real-time network performance data or recent development updates are not available in the provided data. For the most current information about Loopring's Layer 2 protocol performance, you would need to check their official channels or protocol analytics. ## Recommendation Given the wallet service discontinuation, network diagnostics should focus on: - Loopring's Layer 2 protocol performance (throughput, fees, security) - The Loopring Pro web DApp functionality - Alternative wallet solutions that support Loopring's Layer 2 For users with existing assets in discontinued wallets, prioritize asset migration over network diagnostics of the deprecated service.