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OptimismOP
The Bitcoin LN was first implemented into the Bitcoin mainnet in 2018 and has ever since been able to maintain an upward trajectory in terms of expanding its capacity. Read More
The announcement marks the first time an esports organisation invests significantly into a cryptocurrency ecosystem Read More
Pseudonymous Shiba Inu (SHIB) founder Ryoshi has walked away from the community after deleting all of their Tweets and blog posts this week. Read More
The Solana network is not having a good year, having suffered full or partial outages at least seven separate times over the past 12 months. Read More
Endless Battlefield team announces a new milestone. Read More
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Ethereum Scaling Altcoin Rips to Fresh All-Time High Amid New Protocol Upgrade Proposal
A red-hot Ethereum (ETH) scaling solution printed a fresh all-time high on Thursday after a new protocol upgrade proposal. Optimism (OP) reached a peak of $3.10 on Thursday, the token’s new all-time high (ATH). OP has since retraced to $2.81 at time of writing, but the 81st-ranked crypto asset by market cap is still up […] The post Ethereum Scaling Altcoin Rips to Fresh All-Time High Amid New Prot
Daily Hodl -
4 months ago OP
Arbitrum outperforms Polygon and Optimism in this key area
Arbitrum generated higher revenue compared to other L2 solutions with no token incentives. NFT trading volume surged on Arbitrum. Arbitrum was observed to be generating more revenue when compared to other layer-2 solutions like Optimism and Polygon. According to data provided by the token terminal, Arbitrum generated $14.4 million in revenue without accumulating any overhead […]
AMBCrypto -
4 months ago OP
A popular crypto trader says Ethereum (ETH) rival Fantom (FTM) could double in price while updating his outlooks on Bitcoin (BTC) and two altcoins. Pseudonymous trader Altcoin Sherpa tells his 189,900 Twitter followers that Fantom is finding bullish support at a key price level of around $0.44 and could soon shoot up by 100%. “FTM: […] The post Top Crypto Trader Says One Ethereum Rival Could Erupt
Daily Hodl -
4 months ago OP
Is Optimism’s soaring market cap masking these troubling signals
Declining active users and transactions on Optimism could affect its future success. High fees and lack of interest in the native token could contribute to the decline in active users. Based on data provided by Token Terminal, Optimism’s [OP] market cap continued to grow despite a decline in the number of daily active users. This […]
AMBCrypto -
4 months ago OP
Top Crypto Analyst Predicts Bullish Continuations for Solana and Two Under-the-Radar Altcoins
A widely followed trader says he sees more upside potential for smart contract platform Solana (SOL) and two tokens flying under the radar. Pseudonymous Cantering Clark tells his 158,900 Twitter followers that traders who continue to bet against the Ethereum rival will likely be blown out of their positions by a short squeeze. “This weekend […] The post Top Crypto Analyst Predicts Bullish Continua
Daily Hodl -
5 months ago OP
Optimism sees a decline in transaction count, thanks to Optimism Quests
Since the conclusion of the Optimism Quests program, daily transaction on Optimism has declined. This showed that many users flocked to the network only for the rewards promised by the program. Following a significant surge in daily transactions on the layer 2 network, Optimism has seen a 70% decline in daily transaction count since the […]
AMBCrypto -
5 months ago OP
Will Optimism’s [OP] upgrades be enough to sustain the L2 race? Analyzing…
Optimism’s TVL lagged behind Arbitrum despite upgrades to protocol. Synthetix adoption drove transaction growth on Optimism, but daily active address suggested a decline in overall activity. Despite Optimism [OP] having the first mover advantage in the Layer 2 solutions space, newer solutions such as Arbitrum have outperformed the former in terms of Total Value Locked […]
AMBCrypto -
5 months ago OP
A red-hot Ethereum (ETH) scaling solution has seen its recent price surge matched by an all-time high in daily transactions. The crypto research firm Delphi Digital notes that Optimism (OP) hit 691,000 daily transactions on January 7th, its best-ever number. The firm adds that Optimism has seen a steady increase in transaction count since last […] The post Ethereum Scaling Solution That’s Nearly D
Daily Hodl -
5 months ago OP
Optimism emerges as a contender in Layer-2 space: can it overtake Polygon?
Optimism sees growing ERC-20 transactions, which could flip Polygon’s dominance in L2 space. Even so, Polygon maintains user market share dominance. Layer 2 solutions in the crypto market have been showing improvements despite the market seeing turbulence. One of the L2 solutions that have shown great promise is Optimism. According to Dune Analytics, transactions on […]
AMBCrypto -
5 months ago OP
Metamask gives OP holders a few reasons to be Optimistic this crypto winter
Metamask enables support for L2 solutions like Optimism, which could increase Optimism’s adoption. The number of transacting addresses on Optimism grows, however, token holders still remain largely unprofitable. Metamask, a widely used cryptocurrency wallet, recently announced that it would be adding support for L2 solutions like Optimism. This move could help increase layer 2 adoption […]
AMBCrypto -
6 months ago OP
The how and why and what next of Optimism’s NFT marketplace packing up
Quix announces plans to cease operations in two months OP remained unfazed as its price rallied with the rest of the market On 23 November, Quix, the largest NFT marketplace on Optimism, announced its decision to cease operations by 28 February 2023. Launched on the scalable L2 blockchain ten months ago, data from Dune Analytics […]
AMBCrypto -
7 months ago OP
USDC Issuer Circle Plans To Pour Investment In Circle Reserve Fund Amid Bearish Market
The USDC issuer has started investing funds into its CRF (Circle Reserve Fund) to ensure that holders can redeem their coins when they want. Many crypto firms faced issues this 2022 due to the market crash. Some downsized, while others filed for bankruptcy. Generally, the entire market felt the impact of the crypto winter, and […]
Bitcoinist -
7 months ago OP
DappRadar Report Shows NFTs Are Still In demand
One of the popular sectors in the digital asset world is Non-fungible tokens. NFTs find utility in the real world as means to store and trade digital assets. Despite challenges from the crypto bear market, there are still many opportunities for investors in the NFT marketplaces. But now, NFTs are not doing well despite gaining […]
Bitcoinist -
7 months ago OP
Ethereum Scaling Altcoin Explodes 78% in Just One Week As Bitcoin and Crypto Bulls Return
An Ethereum (ETH) scaling altcoin is surging in price while crypto markets continue to trade sideways on the day. Optimism (OP), the layer-2 (L2) scaling solution for Ethereum, exploded in price by 78% in the past week, reflecting a general upward trend in crypto over the last seven days. The OP native token soared from […] The post Ethereum Scaling Altcoin Explodes 78% in Just One Week As Bitcoin
Daily Hodl -
7 months ago OP
Optimism: Rally in on-chain activity, but holders are in losses, here’s why
According to data from on-chain analytics platform Santiment, since its inception in May, OP, the native token of the Layer 2 scaling solutions provider Optimism, has registered growth in its on-chain activity. Interestingly, despite the surge in on-chain activity, OP’s price has failed to follow suit and post gains. Data from Santiment revealed a consistent […]
AMBCrypto -
8 months ago OP
Here Are Some Top Crypto Projects To Track for the Next Bull Market, According to Bankless
The crypto finance platform Bankless is detailing several digital assets and sectors that traders may want to keep an eye on for the next bull market. In a new update to subscribers, Bankless says even though the digital assets industry feels “rudderless” right now, the future is bright. The outlet says it’s closely watching the […] The post Here Are Some Top Crypto Projects To Track for the Next
Daily Hodl -
8 months ago OP
Optimism beams with an ‘OpenSea’ of opportunities, but OP opts out
Layer-two (L2) scaling solution, Optimism [OP] is the latest addition in OpenSea’s series of blockchain integration. According to the NFT marketplace, it had been working with the Optimism team and several projects on its official marketplace for some time. 1/ We’re excited to share that @optimismFND🔴 is officially live on OpenSea! We can’t wait to […]
AMBCrypto -
8 months ago OP
A widely followed crypto analyst is predicting a massive surge for Ethereum (ETH) competitor XRP while updating his outlook on Bitcoin (BTC) and two other altcoins. Pseudonymous trader Altcoin Sherpa tells his 183,000 Twitter followers that XRP should rise to $0.60 before ultimately shooting up to $0.87. “XRP: Go to $0.60 and then $0.87 if […] The post Crypto Trader Predicts XRP Could Erupt by Ove
Daily Hodl -
9 months ago OP
Should Optimism [OP] holders rejoice with Ethereum’s Merge coming up
Optimism’s OP was not left behind as the rest of the market registered double-digit price upticks over the past week. In fact, according to CoinMarketCap, the price of the Layer 2 (L2) token rallied by 16% over the last seven days. Designed as an optimistic rollup network to enhance the scalability of the Ethereum Chain, […]
AMBCrypto -
9 months ago OP
CNBC host Jim Cramer is advising investors to avoid meme assets and altcoins after the Federal Reserve announced further interest rate hikes. In a new Mad Money segment, Cramer says that investors should steer clear from meme tokens such as Dogecoin (DOGE) and Shiba Inu (SHIB). He also cautions against Ethereum (ETH) scaling solutions such […] The post CNBC’s Jim Cramer Warns Investors Should Stay
Daily Hodl -
9 months ago OP
| Parameter | Value | Tier | Status |
|---|---|---|---|
| Project Maturity | a year | Tier 4 | New Project |
| Transaction Volume Level | $713,416,796 - Last 24H transacted | Tier 1 | High Volume |
| Cryptocurrencies Sites Listings | Tier 1 | Normal Exposure | |
| Exchanges Listings |
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Tier 1 | High Exposure |
| Social Channels | 406,109 users is Social Channels | Tier 2 | Popular |
| Transparency Level |
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Tier 5 | Not Evaluated |
| Smart Contract Analysis | -- | -- | Review Incoming |
| Project Description | OP is the token for the Optimism Collective that governs the Optimism L2 blockchain. The Optimism Collective is a large-scale experiment in digital democratic governance, built to drive rapid and sustainable growth of a decentralized ecosystem, and stewarded by the newly formed Optimism Foundation. OP governs upgrades to the protocol and network parameters, and creates an ongoing system of incentives for projects and users in the Optimism ecosystem. 5.4% of the total token supply will be distributed to projects on Optimism over the next six months via governance. If you're building something in the Ethereum ecosystem, you can consider applying for the grant. |
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| Optimism Contracts |
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| Circulating Supply | 314,844,141 | ||
| Total Supply | 4,294,967,296 | ||
| Holders Count | |||
| Optimism Categories | |||
| Current Optimism Price | $2.18 |
