Optimism (OP) is an Ethereum layer-2 technology demonstrating high resilience amid the market turmoil, even though its price is yet to break free of the 20-month low band. A
head-and-shoulders pattern detected in OP's price trends signals a potential drop. However, the price prediction for 2025-2030 projects the price to reach $3. Despite the widespread adoption of its OP stack, the coin's breakout above $1 remains uncertain. There are indications of its positive performance compared to other cryptos in the market with a 17% surge. Furthermore,
Binance has decided to pause deposits and withdrawals of OP for a network upgrade. The coins is supported by significant players like
Celo, Chainlink,
Hyperlane and
Velodrome who have launched a cross-chain Super USDT Stablecoin on the OP's Superchain. Additionally,
Kraken is taking up Optimism for its new Layer-2 Network. Finaly, the launch of Grayscale's Lido, Optimism investment funds also favors the coin's position.
OP Coin News Analytics from Thu, 13 Jun 2024 07:00:00 GMT to Wed, 30 Apr 2025 06:39:04 GMT -
Rating 3
- Innovation -4
- Information 5
- Rumor 2
