The OP worth has risen 30% within the final 24 hours, reaching values near its absolute highs of $3, which haven’t been seen for the reason that token’s airdrop in late spring of final yr. OP is the native token of Optimism, a Layer 2 blockchain on prime of Ethereum and one of many leaders in all key metrics amongst such protocols.
The prospects of Optimism community have been additionally appreciated by giant cryptocurrency trade Binance. Thus, it turned identified that the black-and-yellow crypto big accomplished the combination of its stablecoin, BUSD, into the Optimism community.
Optimism (OP) worth discovery
In the intervening time, Optimism has a complete worth of $750 million, with an on-chain worth of greater than $2 billion, whereas the variety of distinctive every day customers and the variety of transactions on the community are 26,250 and 200,000, respectively. It’s attention-grabbing that earlier than the second half of January, each of those figures have been thrice larger.
However, for every of those indicators, Optimism is at present behind its opponents, Polygon (MATIC), Avalanche (AVAX) and Arbitrum (ARBI). On the similar time, OP’s worth improve is forward of all of them, which can point out that the venture is now going by a revaluation part, beforehand being majorly undervalued.