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Optimism launches retroactive public goods fundraising, offering 10 million OP tokens for on-chain builders.

The Optimism (OP) price is making a slow move upward, but this is creating uncertainty among investors.

Cryptocurrency whales have become significantly more active in two Ethereum-based altcoins, according to blockchain data that foreshadows “major volatility” and potential price reversals for these two altcoins.

The cryptocurrency market has started this week dominated by a bullish sentiment, with most cryptocurrencies accruing gains. This recent price action has attracted the interest of crypto whales, reaching short-term record highs.

The recent report by blockchain analytics firm Messari highlights a series of positive trends within the Optimism network. According to the report, Optimism's circulating market capitalization rose by 11% in the first quarter of 2024, reaching an impressive $3.7 billion.

According to a recent report by Messari, Optimism's circulating market cap surged by 11% quarter-over-quarter (QoQ) to a formidable $3.7 billion, with its fully diluted market cap also rising by 1% to $15.7 billion. Despite the broader crypto market rally, with notable gains in Bitcoin (BTC) and Ethereum (ETH), OP's market cap ranking experienced a slip from 26th to 39th among all blockchain networks.

Layer 2 (L2) scaling solution Optimism reported a series of strong network metrics in the first quarter (Q1) 2024, with its native OP token surging 9% on the back of this bullish momentum. Optimism Sees Higher Activity And Rising Transaction Fees According to a recent Messari report, Optimism's circulating market cap increased 11% quarter-over-quarter (QoQ) to $3.7 billion, while its fully diluted market cap rose 1% to $15.7 billion.

At the time of writing, optimism's (OP) price is below the uptrend line that it has been above since mid-April.

Attackers stole ether, velo and stablecoins before developers mitigated the hack and paused operations. Sonne's markets on the Base blockchain were not affected.

OKX announces the listing of coin-margined perpetual futures for OP crypto, enhancing its trading offerings.

TL;DR Optimism's Growth: As a Layer 2 solution on Ethereum, Optimism enhances scalability with a Total Value Locked (TVL) of over $300 million. It supports major DApps and consistently generates revenue, with a focus on simplicity and ecosystem growth. Price Predictions: Price forecasts for OP vary, with predictions for 2024 ranging from $2.60 to $12.31.

The vote passed with overwhelming support, with 65 addresses representing 14.6 million CELO tokens signaling approval for the measure.

The ever-evolving landscape of blockchain technology, one name stands out for its relentless pursuit of scalability, innovation, and accessibility: Optimism. With its latest announcement heralding the arrival of Layer 3 (L3) chain builders onto its Super chain platform, Optimism has once again captured the imagination of the blockchain community, paving the way for a new era of exploration and advancement.

Ethereum Layer-2 (L2) Optimism has urged Layer-3 (L3) blockchain to join its Superchain by building with OP Stack and sharing sequencer revenue with the Optimism Collective. Superchain is a decentralized blockchain platform comprising many chains that share security and a technology stack (OP Stack).

TL;DR Optimism is advancing its Superchain platform to drive the development of layer 3 applications. Layer 3 developers can join Superchain to leverage the OP Stack and share revenue with OP Collective.

In the long run, the aim is to ensure a smooth transition from L2 to L3, in addition to reducing onboarding fees for new users.

Optimism announced that Layer 3 chains can now join the Superchain by building on the OP Stack and sharing revenue with Optimism Collective.

Ethereum scaling solution provider Optimism announced plans to enhance blockchain throughput by integrating Layer three applications on top of its OP Stack, aiming to foster a Superchain network where Layer threes can build and share revenue with the Optimism Collective.

The layer-2 Ethereum scaling provider wants to onboard developers to build layer-3 DApps on its Superchain.

Discover how Optimism's new features for custom gas tokens and plasma mode will enhance layer 3 support on the Superchain. The post Optimism will roll out new features to support layer 3 on Superchain appeared first on Crypto Briefing.

Layer 2 network Mode has launched its native MODE token with a 550 million crypto airdrop on Optimism for early adopters.

Mode Network, a modular decentralized finance (DeFi) Layer-2 solution built on the Optimism Stack, has launched its governance token, MODE.

Mode, a Layer 2 network developed on the OP Stack, is set to initiate airdrop claims for its governance token today.

Optimism Superchain accrued significant revenue for the protocol over the past few weeks.