Optimism
OP Price
Optimism, a 2021 Ethereum Layer 2 solution, excels in speed, cost-efficiency, and democratic governance with its OP token... More
| Fully Diluted Valuation | $4.79B |
|---|---|
| 24H Trading Volume | $356.30M |
| 24H Low / High | $1.05 / $ 1.17 |
| Circulating Supply | 1.35 B |
| Total Supply | 4.29 B |
| Max Supply | 4.29 B |
| Contracts |
 0x420....00042
|
|---|---|
| Categories | Layer 2 (L2) 3 more |
| Explorer | block chain 2 more |
| Founder | Jinglan Wang Karl Floersch Kevin Ho |
| Website | app.optimism.io optimism.mirror.xyz |
| Socials | |
| Chains | optimistic-ethereum |
| Exchange | Pair | OG Score | TBA | 24h Volume |
|---|
In the dynamic world of blockchain technology, Optimism has emerged as a revolutionary force. Launched as a Layer 2 (L2) blockchain on Ethereum in 2021, Optimism has distinguished itself with its high-speed and low-cost operations, specifically designed to enhance the scalability and stability of Ethereum applications. By extending the existing Ethereum software and maintaining EVM-equivalence, Optimism ensures compatibility and cost-efficiency, making it an attractive platform for Ethereum developers.
At the core of Optimism's architecture are the Optimistic Rollups, a technology that enables transactions to be recorded trustlessly on this second-layer blockchain while securing them on Ethereum's first layer. This innovative approach significantly reduces transaction fees and accelerates processing speeds. A notable feature of Optimism is the CanonicalTransactionChain (CTC), a special smart contract on Ethereum, where all blocks are stored, forming an append-only list that comprises the Optimism blockchain.
The journey of Optimism, however, goes beyond mere technological advancements. At its heart lies the Optimism Collective, an ambitious experiment in digital democratic governance. Governed by the OP token, this collective is responsible for upgrades and setting network parameters, fostering an ecosystem of incentives for projects and users. Launched in May 2022, the OP token has become a cornerstone in this decentralized governance structure, actively contributing to the ecosystem's growth and sustainability.
Optimism's unique blend of simplicity, pragmatism, sustainability, and an optimistic outlook sets it apart in the blockchain space. It aims for minimal complexity while leveraging proven Ethereum infrastructure, thus embodying a practical and sustainable approach to blockchain scalability. As Optimism continues to evolve, with plans for sharded rollups and decentralization of block production, it stands as a testament to the possibilities of Layer 2 solutions in enhancing the Ethereum ecosystem.
Optimism (OP) stands out for its high-speed, low-cost operations, EVM-equivalence, and its innovative use of Optimistic Rollups technology, enhancing Ethereum's scalability and stability.
Optimism was founded by Jinglan Wang, Karl Floersch, and Kevin Ho.
Optimism's development and growth are overseen by the Optimism Foundation, which includes leaders like Eva Beylin, Abbey Titcomb, and Brian Avello, among others.
OGAudit is the first independent social audit platform for web3 projects and cryptocurrencies. Here you can find comprehensive crypto evaluations, ratings, unbiased and objective expert user reviews. There may be positive, negative, and neutral evaluations based on experts' experience and perspective with the product or the service about each cryptocurrency like Optimism OP. To access these ratings, evaluations, and comments, click here.
There may be different staking options available such as to participating in DAOs, decentralized governance and revenue sharing. Please watch out for scams. Only consider staking options promoted on the official website of the project and advised partners. Please click here to see the official links and make sure to follow the latest instructions.
This data is dynamic and varies depending on the number of tokens that are being vested/vesting, removed from circulation because of network transactions or burned permanently and staking reward distribution mechanism. According to self-declared data the circulating supply of Optimism (OP) is ($1,351,719,035), max supply of Optimism OP is ($4,294,967,296) and the market cap of Optimism OP is ($1,507,911,009).
What is the Optimism (OP) price prediction?
Predicting prices in the crypto market is highly speculative and can't be definitively stated. Various factors drive price movements such as macroeconomics, Bitcoin ($btc) and crypto market overall behavior, on-chain activity, whale positionings, growth potential of the project etc. We cannot give any price predictions nor financial advice, but you can look at our comprehensive data, expert user reviews and decide if the product suits your needs! Please do your own research DYOR!
The current market price of Optimism (OP) is $1. As the OGAudit community we mainly focus on features such as use cases, product development, and sustainable growth. However, we also provide real-time market data and coin/token statistics, analytics, price history for popular altcoins. see here.
It is important to do comprehensive research before deciding whether Optimism (OP) or any other cryptocurrency is a good investment. We believe you should ask each of these questions before deciding to invest or make partnerships with any crypto project:
Is this type of digital asset considered legal in your country?
Does Coin (Optimism OP) solve a good problem or offer the best solution?
Do products and services work effectively, and solutions are scalable?
Does the team have a realistic roadmap and can catch up with it?
Does Optimism (OP) have reasonable and sustainable revenue income models?
Can the team market their products and services well?
How decentralized is the governance and how strong is the community?
Has it reached its fair market value yet?
Does the coin/token have enough trading pairs and liquidity?
As the OGAudit community crypto experts, we evaluate crypto projects by asking each of these questions and more, to provide objective and reliable comments and ratings for the end-user, investors, and institutions. By carefully considering these reviews, ratings, and price action, you can decide whether Optimism (OP) is a good crypto to invest in or not. To access these evaluations and ratings please click here . The OGAudit experts are the largest, most experienced, and elite users in the crypto space. However, keep in mind that the scores, expert reviews and comments on our platform are OGAudit users’ personal views and meant for educational purposes only. None of the information we publish on our website contains any investment advice and should not be perceived as such. Always -DYOR- do your own research well.
Read MoreExplore the Crypto Topics section to discover what OGs are discussing and gain insider knowledge on trending crypto topics.
There are many ways to conduct business in the crypto space, but we’ve chosen the most challenging path: shedding light on the unknown. Social media interactions and transaction volumes of exchanges and crypto assets can easily be manipulated by bots and whales, often misleading researchers and opening doors for scams by bad actors. Scammers have cost the crypto industry billions of dollars. Major red flags often slip past traditional technical or KYC audits, but OGAudit tackles this with its unique social auditing mechanism!
We believe in creating a safer, more thriving, and equal-opportunity crypto space for everyone. Our sole motivation is you 💗
We trust that authentic reviews from OGs will help you find the most reliable crypto exchanges and Web3 solutions you need! Additionally, we aim to simplify your crypto DYOR process with clear, up-to-date content.
OGs are the most experienced, reputable members of the crypto community, serving as independent auditors on the OGAudit platform.
Becoming an OG is not granted; it’s earned! Anyone with at least 1,000* days of on-chain experience and who adheres to OGAudit Community Guidelines can qualify as an OG.
The OG onboarding and rating mechanism is fully automated. OGs' wallet addresses and contributions are publicly verifiable on-chain**. The decentralized, permissionless, and transparent OGAudit consensus**, along with OGAudit Community Guidelines, ensures the elimination of spam and fraudulent content.
*500 days of on-chain experience qualifies you during the OGAudit Alpha! **to be Announced
Yes, it is—and all basic features will always remain free for personal use!🔥
Unfortunately, we do not have a token, and investing in the OGAudit platform is not an option. However, we greatly appreciate any donations you may wish to make! 💗
If you meet the requirements and share our values, you can become a contributor to our community as an OG⭐️
By joining us, you'll help make crypto a safer place, earn rewards, perks, all while building your reputation along the way!⬆️
OGAudit is a collective movement of the crypto OG community. It has no affiliation with VCs, exchanges, or other entities. Founded and funded by the Chief OG in 2023, OGAudit has been built by a dedicated team of crypto enthusiasts, researchers, web developers, and community leaders.💪
We have witnessed many market cycles, experienced the highs of the bull runs and the lows of the bear markets, and even faced rug pulls. Yet, we have remained resilient and are devoted to making Web3 accessible to everyone in the most secure way possible!
⚠️NO INVESTMENT, FINANCIAL, OR LEGAL ADVICE⚠️ Any content published on the OGAudit platform is for informational and educational purposes only and should not be construed as legal, tax, investment, financial, or other advice. Nothing contained on this platform constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments in any jurisdiction. OGAudit is a social media platform where we encourage freedom of speech.
OGAudit also provides sensitive data, such as coin/token prices, direct links of Web3 projects; however, this data may not be up-to-date and accurate and may lag behind due to third-party oracle API issues. Verification of the integrity of this data is the responsibility of the end user, and OGAudit cannot be held responsible for any damages that may arise from the inaccuracy of this data.
The OGAudit team and OG contributors are not a judicial authority; therefore, publications may or may not be accurate and may or may not reflect the truth. Any content published on the platform does not constitute a final judgment and is not binding. The OGAudit team is committed to filtering posts containing legal offenses and removing them from the platform if legal action is pursued. However, we may not monitor all content simultaneously. In such cases, any legal liability arising from damages suffered by third parties due to the publication of such content belongs to the person or entity who posted the content. For more information please read OGAudit Terms of Use
If you believe that your personal or corporate rights have been violated due to any content published on our platform, please send the link and a screenshot of the content to [email protected] Your request will be carefully reviewed by our lawyers, and we will get back to you as soon as possible.
