Tag Archives: OP Price

Optimism Activates Fault-Proofs On Mainnet, OP Is Down 55% In 3 Months

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In a major milestone for Ethereum and layer-2s, Optimism, a layer-2 scaling platform for the second most valuable network, has announced the activation of open source and permissionless fault proofs. Even though the platform manages over $7 billion of assets, according to L2Beat, Optimism, like most optimistic rollups, lacked a way of trustlessly verifying transactions.… Continue reading Optimism Activates Fault-Proofs On Mainnet, OP Is Down 55% In 3 Months→

Market Downturn? Not For Optimism: A16z’s Major OP Purchase Sends Price Skyrocketing By 9%

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In a month marked by a challenging correction in the crypto market, Layer 2 (L2) blockchain protocol Optimism has emerged as a standout performer. Within the past 24 hours, Optimism’s native OP token skyrocketed by 9%, positioning it as the best-performing token among the top 100 cryptocurrencies.  Behind this surge lies venture capital firm a16z,… Continue reading Market Downturn? Not For Optimism: A16z’s Major OP Purchase Sends Price Skyrocketing By 9%→