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Arbitrum halts as Optimism upgrades — check out the biggest DeFi news in our comprehensive weekly roundup.

The Bedrock Upgrade has resulted in a significant fall in average transaction fees per transaction.

The Optimism Bedrock marks a significant milestone in the network's evolution. This groundbreaking upgrade, successfully launched on June 7, ushers in a plethora of major advancements, most notably an impressive reduction in network costs.

Optimism's groundbreaking Bedrock upgrade brings efficiency, security, and a vision for a Superchain. Despite a pre-upgrade surge, the OP token faces a bearish trend post-upgrade.

Representatives of the layer-2 network atop Ethereum confirmed the change in the treatment of ETH after CoinDesk observed a $550 million transfer in blockchain data. The change occurred in conjunction with Optimism's “Bedrock” upgrade this week.

One of the benefits of the Bedrock update is the lowering of fees, which could help attract new users onto the network.

The Optimism network, a popular Ethereum Layer-2 solution, completed its highly anticipated “Bedrock” upgrade on June 7th. Developed by OP Labs, this upgrade brings a host of improvements aimed at creating a robust and scalable Web3 ecosystem based on Optimism's OP Stack software.

Optimism ushers in a new era with the successful completion of its highly anticipated “Bedrock” upgrade. This transformative enhancement, announced by OP Labs, the network's developer, brings forth accelerated deposit times, decreased layer-1 fees, and fortified security measures.

Optimism, a Layer 2 network built on top of Ethereum, successfully completed a scheduled upgrade.

On Tuesday, the Ethereum blockchain achieved a significant milestone as it implemented a major upgrade called Bedrock to its second layer, Optimism. This transformative development aims to enhance chain usability by drastically reducing gas fees and deposit confirmation times.

The upgrade is part of a series of reforms meant to increase modularity in the OP Stack, allowing developers to spin up their own networks using the software.

Coinbase and Worldcoin are leading the charge in developing decentralized alternatives on Optimism's infrastructure, paving the way for other companies to address this

Optimism, the Ethereum Layer 2 scaling solution, is preparing to roll out its "Bedrock" upgrade today, June 6th. The step is considered to be a significant leap towards becoming a utility-oriented "Superchain" featuring reduced gas fees and significantly faster transaction finality and block rendering.

The "Bedrock” upgrade will improve the usability of the chain by lowering gas fees and cutting deposit-confirmation times by 90% – pitched as a key step toward the Optimism network's goal of becoming a "Superchain."

Optimism is gearing up for its eventual mainnet upgrade next week. This upgrade will offer lower protocol and security fees for users on the platform.

Optimism price prediction: The latest analysis reveals that OP crypto may rebound in the coming days due to its mainnet upgrade.

OP was selected as the coin of the day on LunarCrush in the last 24 hours. While this may not mean much in the grand scheme of things, it did show that traders were interested in the token.

The law of supply and demand is a fairly simple concept: Increasing supply in relation to demand will usually cause prices to fall.

Optimism's Bedrock release is just around the corner, and this latest upgrade will set the foundation for Ethereum to eventually become a Superchain.

Ethereum Layer-2 scaling projects are all the rage right now. However, their native tokens aren't necessarily the best investment options.

Optimism (OP) has been one of the hardest-hit cryptocurrencies over the last week as bearish sentiment around the coin rose rapidly. The reason for this was a massive amount of OP tokens that were unlocked this week, leading to significant buy pressure on the digital asset.

Top 5 altcoins to watch in the crypto market in June 2023: Optimism (OP) will undergo a Mainnet network upgrade. Vega Protocol (VEGA) will greatly reduce its inflation.

The next token unlock of Optimism (OP) is scheduled on Wednesday, but, reportedly, the market maker Wintermute has already dumped over 27% of its stash.

Optimism and Sui are set for significant token unlocks this week, with Optimism's release increasing circulating supply by 114%.