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On-chain analytics firm IntoTheBlock has observed a significant uptick in transactions on Optimism in the past month. Optimism (OP) is a Layer 2 blockchain on top of Ethereum.
Twitter users noticed thousands of Safe deployments to Optimism, leading to speculation that it may be an attack, but the developer of Worldcoin confirmed that this activity was merely an app migration.
Optimism (OP) is a layer 2 scaling solution that operates on top of the Ethereum mainnet, providing faster and cheaper transactions for Ethereum users. It was launched in 2020 and has quickly become one of the most popular scaling solutions for the Ethereum network.
The Optimism layer-2 network did less than 300,000 transactions per day around the time of the upgrade, but this increased to over 500,000 afterward.
The team behind zkSync Era, an Ethereum-compatible layer-2 zk-rollup, is launching an open-source framework for building zk-rollups and layer-3s, which they call “hyperchains,” based on its code.
Optimism, the Layer-2 network that uses Optimistic Rollups to scale Ethereum applications, has changed its name to “OP Mainnet.”
Optimism's Bedrock upgrade has revolutionized the platform, attracting users, boosting TVL, and propelling it closer to its Superchain vision.
Layer-2 scaling solution Optimism Labs has announced the renaming of its blockchain to “OP Mainnet.” The name change “makes clear the the delineation between the OP Mainnet blockchain and the Collective, vibe, and ethos that “Optimism” encompasses.
Optimism, the Layer 2 network known for enhancing Ethereum applications through Optimistic Rollups, has significantly rebranded. The project has officially changed its name to OP Mainnet, symbolizing its ambitious goal of creating a “superchain” network comprised of multiple Layer 2 blockchains.
Optimism, a layer-2 solution on the Ethereum blockchain, has gained traction with a TVL exceeding $1.22 billion. The OP price is currently forming a bullish cup pattern, indicating a potential recovery.
Uniswap's incentives on Optimism yielded mixed results, driving short-term liquidity but long-term impact faded. Optimism protocol saw increased activity, while DeFi sector faced obstacles
With the help of Coinbase's L2, Optimism is working toward a superchain. But how impactful is a name change to the objective?
The H4 market structure of Optimism was firmly bullish after the move above $1.2.
The Optimism team said the name change reflects its objective to create a “superchain” network of many Layer 2 blockchains.
Optimism [OP] could reverse June losses if it retests previous range-high, provided BTC doesn't
The Optimism (OP) price has increased considerably over the past 11 days, breaking out from a diagonal resistance line in the process.
Optimism price is basking in the news of BNB Chain's newly introduced Optimism-powered layer-2 testnet opBNB. On June 19, BNB Chain announced the launch of its opBNB testnet.
Binance and BNB Chain introduce OpBNB, an Optimism Layer 2 testnet, to enhance scalability and reduce fees.
BNB Chain has launched the opBNB testnet, an Ethereum Virtual Machine (EVM)-compatible blockchain based on Optimism's OP Stack.
Developers expect the opBNB blockchain to reach speeds of 4,000 transactions per second at a targeted cost of 0.005 U.S. cents per transaction.
The tentatively slated Ethereum upgrade Cancun / Deneb for autumn will be a game-changer for layer-2 rollup technologies such as Arbitrum and Optimism. The basis for this will be the Ethereum Improvement Proposal (EIP) 4844, which will be the main code change of the upgrade, as Christine Kim, vice president in Galaxy Digital's research team explained.
The Optimism protocol had a week full of noteworthy developments. However, it would take a while for OP to follow the sentiment as it still traded significantly lower than its price action seven days ago.
It has been a week since Optimism's Bedrock release, and the layer two scaling solution has already seen positive results.
The price of Optimism (OP) experienced a momentary setback on June 5, undergoing a brief 14% decline. However, this downturn was quickly overturned as the cryptocurrency swiftly regained ground and closed the daily candlestick above $1.34.
