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According to Token Unlocks, a platform closely monitoring token releases recently revealed significant unlocks in March involving prominent tokens like SUI, APT, ARB, APE, etc. However, The total unlock value exceeds $2.919 billion, indicating a crucial period for token liquidity and market dynamics.
The Delta hardfork was deployed on various Optimism-based chains, including OP Mainnet, Base and Zora, targeting reduced Layer 1 fees.
Optimism's weekly and daily charts remained red, suggesting a further drop in its value next week.
The cryptocurrency world transforms significantly as Ethereum prepares for its highly anticipated Dencun update. Guy Turner, a respected crypto analyst and Coin Bureau YouTube channel host, has chimed in on the potential growth of Ethereum's Layer-2 projects in light of this upcoming update.
Optimism announces the Ecotone upgrade, integrating EIP-4844 to enhance scaling, scheduled for March 14 pending governance approval
In less than three weeks, blockchains built on top of Optimism's technology OP Stack will undergo the Ecotone upgrade. Expected to go live on the next day after Dencun's mainnet activation, it is set to bring blobs and EIP 4844 to one of the most important EVM L2s.
In a recent tweet, Token Unlock shed light on the upcoming token unlock events scheduled between February 27 and March 1 with nearly eight altcoins set to release $248.19 million worth of cryptocurrency tokens.
In total, 10.3 million OP have been distributed for a total value of approximately $41 million.
TL;DR Optimism distributes over $41 million in OP tokens to NFT artists. More than 22,000 unique addresses benefited from the fourth airdrop. Recognition of the creativity and contribution of artists in the Optimism Superchain.
Optimism has rolled out its fourth airdrop, distributing over 10 million OP tokens to nearly 23,000 addresses. This initiative aims to acknowledge the diverse group of artists, creators, and innovators who have contributed to the culture within the Superchain.
Layer 2 network Optimism unveiled its fourth airdrop, targeting web3 artists with a generous distribution of over 10 million OP tokens, valued at approximately $40.8 million.
Users who created NFTs on the Ethereum Mainnet or Optimism's Superchain before Jan. 10 are eligible to claim rewards.
Story Highlights The live price of Optimism is . Optimism price could go as high as $7.80 by the end of 2024. With a potential surge, the OP price could reach a maximum of $30.25 by 2030. The speed of transactions is among the key concerns with cryptocurrencies.
In an exciting development within the decentralized finance (DeFi) and blockchain space, Syndicate, a prominent DAO infrastructure service provider, has announced the launch of its latest technological marvel: the Syndicate Frame Chain. The cutting-edge L3 chain is ingeniously based on Base, leveraging the OP Stack to offer unparalleled features and functionalities to its users.
The Optimism Mainnet blockchain experienced a series of outages and instabilities on Feb. 15, 2024, beginning around 6:00 am ET. The team started investigating reports of an “unsafe head stall,” meaning the sequencer stopped producing blocks.
In the dynamic realm of cryptocurrencies, Avalanche (AVAX) is causing a stir, riding the waves of a recovery rally that commenced last month. As the broader spectrum of alternative coins experiences a resurgence, AVAX stands at the forefront, ready to extend its ascent, with whispers in the market hinting at a potential surge towards the coveted $50 mark.
Meanwhile, DeeStream (DST) has been gaining significant attention lately, with many investors jumping on board with this new trend. Today, we'll take a closer look at these coins and explore their potential in the market.
5 Lesser-Known Altcoins To Buy as the cryptocurrency market gears up for a bullish phase in 2024. The crypto market is rising, and in the lead is Bitcoin price, which topped $50,000 for the first time since December 2021.
Cryptocurrencies are hot again, and investors are betting altcoins will lead the next phase of growth.
Optimism Price Prediction: Amid the broader crypto market's recovery phase, Optimism has experienced significant buying interest, particularly above the $3 mark. Over the past week, this altcoin has risen from $3.08 to its present price of $3.76, marking a notable 22% increase.
TL;DR Optimism's growth in recent weeks was driven by projects like Worldcoin and Farcaster. They contributed significantly to increasing activity on the OP Mainnet. Worldcoin has been committed to OP since 2020, but its full migration to the network in July 2023 marked a turning point.
Some investors were fearful about traditional financial institutions and bought cryptos as a hedge against this.
As the crypto market gears up for a potential bull run in 2024, investors are keenly watching for altcoins that promise returns, innovation, and scalability. Among the cryptocurrencies, Solana, Optimism, Arbitrum, and Chainlink stand out for their technological advancements and market resilience.
Former Consensys product lead Ben Edgington has joined development company OP Labs as its lead technical program manager.
