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Google Cloud has recently extended support to 11 additional blockchain networks. Polygon, Optimism, Polkadot, and more were incorporated within its BigQuery program for public datasets.
Optimism (OP) price wobbled below $1.30 territory after the team announced token issuance worth nearly $180 million. On-chain analysis provides insights into the possible Optimism price movements in the coming days.
In a strategic move that's making waves in the cryptocurrency world, Optimism, a leading Ethereum layer-2 scaling solution, has announced a private sale of 116 million OP tokens. Valued at approximately $159 million, this sale is raising questions and eyebrows across the market.
Celo, which is ditching its standalone blockchain in favor of a new "layer-2" network atop Ethereum, had originally signaled plans to rely on Optimism's OP Stack, a similar customizable kit to Polygon's but using Optimism's “optimistic” technology.
The Optimism Foundation will conduct a private token sale, amounting to approximately 116 million (CRYPTO: OP) tokens. This move involves seven buyers and is primarily aimed at treasury management, the foundation said.
Polygon Labs tries to convince Celo to use the CDK instead of Optimism's OP stack.
Optimism has revealed its plans to sell 116 million OP tokens to seven private buyers. According to the update, this sale is for treasury management tokens.
A decision to sell some tokens did not cause controversy within the Optimism community. But despite lagging behind Base, OP holders are showing unwavering signs of belief in the project.
The Optimism Foundation recently unloaded a whopping 116 million OP tokens, valued at $157 million, in a private & planned sale citing ‘treasury management purposes.' The transaction, while planned, has rekindled the ongoing debate about the true essence of decentralization in the crypto-sphere.
Ethereum-based (ETH) layer-2 network Optimism said it has entered into a private token sale of approximately 116 million OP tokens (worth $157 million) with seven purchasers, according to a Sept. 20 update on its governance platform.
In a noteworthy development, the Ethereum layer-2 scaling solution, Optimism, recently declared its intention to orchestrate a private sale of a staggering 116 million OP tokens to a select group of seven buyers. The intent behind this move is primarily focused on treasury management.
The organization made the announcement in a post and advised the community that there will be several transactions to send the tokens starting Wednesday.
Level-2 blockchain Optimism is set to sell 116 million of its OP tokens to seven private buyers. According to a recent post, the project team will sell tokens to unknown buyers to manage the treasury.
Optimism earlier this week distributed OP token through airdrop 3 and has today announced a private sale to 7 buyers for its treasury needs.
The foundation behind layer 2 blockchain Optimism has sold 116 million OP tokens ($157 million) to seven separate purchasers, according to an announcement on the Optimism governance website.
The Optimism Network has revealed that it will sell 116 million OP tokens in a series of planned sales.
The organization said it entered into a private token sale split among seven purchasers, for treasury management purposes
Last week marked the one-year anniversary of Ethereum's historic “Merge” – the shift to a more energy-efficient proof-of-stake network. But in some ways the largest smart-contract blockchain has become a victim of its own success: Staking is so popular that the number of network validators is mushrooming toward 1 million, introducing new concerns related to the sprawl.
On-chain analyst Yu Jin has reported a significant OP transaction that has sent shockwaves throughout the industry.
Optimism's [OP] RSI noted weakening bullish momentum over the last three days despite the bullish market structure and rising buying pressure.
Optimism's OP Airdrop 3 distributes 19 million tokens to over 31,000 addresses, fostering community engagement and positive governance participation
Worldcoin's new update allows it to slash its fee expenditures and reduce the load on Optimism by two-thirds. But there's a strange factor driving the resolution.
Optimism (OP) looks to be on a good recovery path so far in the month of September. This is thanks to the increasing positive user sentiment around the Ethereum Layer 2 network.
Optimism has kicked off its third round of OP airdrops.
