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Despite an increase in OP's active addresses, it remains behind its competitor, Arbitrum. OP's price, however, rallies by over 2% in the last 24 hours.

Optimism (OP) has traded within a range over the past few days. Meanwhile, the overall cryptocurrency market consolidated ahead of the November 1 Federal decision on interest rates. OP recorded bullish actions towards the $1.45 region before reversing to gather liquidity at the $1.35 support area.

Here are the key levels to consider as Optimism's range extension persists ahead of the Fed decision.

Despite market volatility, Optimism's Mainnet witnessed remarkable growth over the last quarter mainly driven by DeFi,with potential for further expansion.

Optimism faced crucial overhead hurdles, but bulls can still find a way around them and benefit.

In the fast-paced world of digital assets, one cryptocurrency, in particular, has been grabbing the attention of investors over the past week. Optimism (OP) has seen a remarkable surge in its price, but it's not all smooth sailing for this digital asset.

The DeFi credit marketplace secured 150,000 OP tokens and will be launching undercollateralized lending products on Optimism

In the fast-paced world of cryptocurrency, where market sentiment can swing like a pendulum, the recent performance of Injective Protocol's INJ token has become a subject of widespread fascination. As the digital asset reached a two-year price peak, it ignited a spark of enthusiasm among investors and traders alike.

OP buyers could register additional gains, if they cross this vital price hurdle.

When it comes to crafting written content, three key elements come into play: “complexity,” “variability,” and “anticipation.

Manta Network plots move to Polygon ecosystem shortly after launching with OP Stack.

Optimism's recovery faced a crucial hurdle above $1.250 and could attract sellers.

Manta Pacific's ZK-application-focused network will integrate with the Polygon ecosystem through the Chain Development Kit software.

Manta Network developer p0x labs said the “Polygon CDK sets standards in Layer 2 design and execution that, long-term, OP Stack cannot meet.”

The network, which just went live a couple weeks ago as a so-called optimistic rollup – the core underpinning of OP Stack – will now become a “ZK-rollup,” which is what Polygon's software kit provides.

Manta Pacific will transition from its current status as an optimistic rollup to becoming a zero-knowledge Ethereum Virtual Machine validum.

Story Highlights The live price of Optimism is . Optimism price could go as high as $2.41 by the end of 2023. With a potential surge, the OP price could reach a maximum of $9.88 by 2030. The speed of transactions is among the key concerns with cryptocurrencies.

Selling pressure on Optimism (OP) could see bears flip the $1.165 support level to resistance in the short term.

More than 50 minutes ago, Wintermute transfer 2.46 million OP tokens to Binance.

Optimism could rebound at the Q3, offering potential buying opportunities, especially if Bitcoin defends $27k.

A Reddit analyst, Matth3w_95, has drawn attention to upcoming token releases that may significantly impact the token supplies of various Ethereum competitor networks.

Whales are major players in the industry who accumulate or dump tokens of various types of cryptocurrencies. They either take advantage of prices, macroeconomics, accumulate tokens or leverage falling prices to buy the token.

OP Labs has successfully integrated its modular, fail-safe system into the OP Goerli testnet.

While the cryptocurrency market recorded notable recoveries within the past few days, Optimism (OP) has maintained the downward move that began early in August. Surprisingly, large wallet investors, or whales, are scooping OP tokens despite price recovery woes.