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Optimism (OP), the Layer-2 network built on Ethereum, has been unable to live up to its name. Its native token, OP, launched in May 2022 and offered market participants a glimmer of hope, especially with the significant airdrop distribution to early adopters.
In the past week, the Layer 2 (L2) scaling solution Optimism (OP) has witnessed a drop in activity across the decentralized exchanges (DEXes) housed within it.
Just months after Wormhole's airdrop in April, the cross-chain project will unlock a third of its token's circulating supply this month: 600 million tokens at a current value of about $180 million.
A volatile week looms over the cryptocurrency market, with the Federal Reserve interest rate decision shaking the macroeconomic landscape. Moreover, the industry will unlock nearly $190 million in vested tokens this week, sounding an alarm to these affected cryptocurrencies.
Leading Layer 2 (L2) network Optimism (OP) saw an uptick in trading activity on Tuesday across its non-fungible token (NFT) ecosystem.
The Optimism Network (OP), a prominent layer-2 (L2) solution, has recently encountered a significant downturn in user engagement and transaction volume. Over the past few weeks, the network has seen a sharp decline in both daily active addresses and overall transaction counts, leading to a notable drop in network revenue.
Leading Layer 2 (L2) network Optimism (OP) has witnessed a decline in user activity in the past few weeks. Its daily active address count continues to decrease, impacting its network fees and revenue.
Donald Trump, the Republican candidate for the presidency of the United States, has invited the attendees of the Bitcoin 2024 conference in Nashville to a private round table for $844,600 and a photo with the candidate for $60,000. Donald Trump Sets $60K Photo Op Fee for Fundraiser According to a recent report, Donald Trump is
opBNB is an Ethereum Virtual Machine (EVM) compatible layer-2 chain, designed to integrate seamlessly with Ethereum-based smart contracts, networks, and ERC-20 tokens. The BNB Chain currently handles around 2,000 transactions per second (TPS) at a cost of $0.10 per transaction.
Negative sentiment, sluggish behavior and bearish waves had taken over the cryptocurrency market in the past few months. t. Events like the German sell-off and the Mount Gox news have only compounded the overall bearish trend, which has been a theme ever since the Bitcoin halving.
The Firedancer client has achieved a crucial milestone on its test net, signaling potential advancements in network performance and decentralization. This milestone has flashed optimism within the cryptocurrency community, with speculations rife about its potential impact on the price of SOL, Solana's native cryptocurrency.
Layer 2 networks have experienced a marked increase in both activity and transaction volume over the past few months.
Leading Layer 2 blockchain solution built atop the Ethereum network, Optimism (OP) has witnessed a significant decline in its total value locked (TVL).
Binance announces support for the upcoming Neutron (NTRN) and Optimism (OP) network upgrades and hard forks, ensuring a smooth user experience.
Optimism (OP) is a leading Layer-2 scaling solution for Ethereum, designed to improve transaction speeds and reduce costs. By leveraging the power of rollups, Optimism significantly enhances Ethereum's scalability, making it a critical component in the blockchain ecosystem.
In a recent video, analyst Michaël van de Poppe delves into the ongoing crypto crash and why his altcoin strategy failed. All this and much more! Read on.
Ethereum, the second-largest cryptocurrency by market capitalization. Enter Optimism (OP) Coin, a pioneering Layer 2 scaling solution designed to address Ethereum's scalability issues head-on.
The Layer 2 crypto space has had a challenging year in 2024, as a saturated market has meant increased competition and older, established chains are struggling to hold up. Arbitrum (ARB) and Optimism (OP) have both been doubling down on innovation recently in order to maintain market share but both have seen investors nursing heavy
The first week of July has been a difficult one for the market. But amid the growing sell-offs, crypto whales loaded their wallets with some altcoins that some may term undervalued.
Matter Labs draws backlash for comparisons made to its multichain architecture.
According to data from Token Unlocks, the Optimism Network unlocked 31.34 million OP tokens worth $54.53 million. Optimism's token unlock event occurred on June 30 at 12.00 AM UTC.
Optimism's (OP) price is at a multi-month low after the broader market cues sent the altcoin falling by 41%.
With the upcoming token unlocks, how the market absorbs them would determine their impact.
Optimism is unlocking $56 million in OP tokens today. The token price is already down 2% over the past 24 hours.
