Optimism (OP) Price surge by 2.91% as Bullish Sentiment Persists

  1. Optimism (OP) token has recently gained a lot of attention in the crypto market due to their steady price rise.
  2. Optimism has partnered with Coinbase exchange to launch Base, which is an Ethereum L2 protocol.
  3. The current live market cap of Optimism is $692,610,514, and there are 234,748,364 OP coins in circulation.

Recently Optimism token has gained a lot of attention in the crypto market. This has led to OP rising steadily and has made it one of the most sought-after tokens in the crypto world. At present, Optimism is up by nearly 700 percent since its launch and is currently trading at over $2.50 per token. This has given investors a great opportunity to reap high returns on their investments.

One of the main reasons for the recent price pump in the OP prices is the recent partnership with the Coinbase exchange platform with Optimism to enhance the launch of Base which is the Ethereum Layer 2 protocol.

The Base is an Ethereum L2 that provides a risk-free, inexpensive, and user-friendly method for anyone, located anywhere in the world, to create decentralized applications.

Base Foundation is positive that its platform is superior to rival networks in many ways. Users have the freedom to pick Base over competing Web3 networks thanks to its integrated privacy, scalability, and interoperability with existing systems and services.

The Base is especially pleased with its cutting-edge security options, such as its private key vault, encrypted messaging, and transaction validator. With these protections in place, users’ money is safe from thieves and other bad guys.

Bulls in Optimism have driven the OP price up by $2.95 in the previous 24 hours, with a 24-hour trading volume of $386,698,953. Optimism has increased by 3.56% in the previous 24 hours. With a live market cap of $692,610,514, the current CoinMarketCap ranking is #72. There are 234,748,364 OP coins in circulation.

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Kelvin enjoys writing about cryptocurrency and blockchain. He started blogging in 2019 and switched to cryptocurrency in 2020. Kelvin is interested in technology, football, chess, and Defi. He wants decentralization to benefit everyone on the planet.