OP Coin, also known as Optimism, has been a subject of numerous emerging reports, signifying itβs both a highly-discussed and pertinent player in the crypto industry. In recent news, Optimism survived a drop below 20-month lows and managed a 36% spike in value on a single day, breaking resistance zones. The token's potentially consistent, bullish trend could take hits due to uncertainties such as a possible head-and-shoulders pattern formation hinting at future drops. There has been meaningful support from industry leaders such as Grayscale, who added it to its investment trust, and Kraken, implementing Optimism for its Layer-2 network. In contrast, Binance paused deposits and withdrawals due to a network upgrade, while another headline informed of the exchange's decision to delist the OP Coin spot trading pair. The coin got a superchain boost as Celo, Chainlink, Hyperlane, and Velodrome launched the Super USDT stablecoin on the Optimism chain. $420M worth of SUI, OP, ZETA token unlocks have also been reported which could bring additional volatility to the OP Coin price.
OP Coin News Analytics from Thu, 13 Jun 2024 07:00:00 GMT to Mon, 14 Apr 2025 23:07:58 GMT -
Rating 4
- Innovation 0
- Information 10
- Rumor 8