Bitcoin Miner IREN’s Stock soared this week amid a nervous optimism in the market, even as Bitcoin itself dipped below $114,500. Meanwhile,
Optimism slid to $0.70, testing critical support. Optimism's roadmap includes an upgrade of its Superchain 16a with
Dev-Friendly Toggles, ensuring no user impact. Cryptocurrency is displaying resilience, indicating the potential for a bullish run despite brutal retracements. Interestingly, the bullish sentiment is driven by expectations that the
House will pass key stablecoin legislation. The effects of this legislation could significantly boost
Coinbase investors. An underappreciated aspect of this development is the potential impact on tokens like
Optimism, which could witness a rounded bottom breakout. Meanwhile, Coinbase's stock is on the rise due to anticipated pro-crypto bills amidst fluctuating Bitcoin prices. Bullish traders are now eyeing to steer Optimism price to reach up to $1.Recent advancements include Optimism's collaboration with
Flashbots to improve
OP stack sequencing, paving the way for rapid confirmation times on the Ethereum L2 Superchain. While governance overhauls target decentralization, price forecasts suggest a bull run up to $4. Despite these positive indications, the strong surge has started to fade as we see the bears defending the $0.71 zone.
Optimism Coin News Analytics from Tue, 29 Oct 2024 07:00:00 GMT to Wed, 24 Sep 2025 18:13:38 GMT -
Rating 5
- Innovation 6
- Information 6
- Rumor -8
