Optimism (op) shoots up to new ATH, wins over 40 % weekly

Optimism (op) shoots up to new ATH, wins over 40 % weekly

Optimism continues. The cryptocurrency has just reached a new all -time high, which occurs almost daily at this time.

This amounts to the total profit for the week to around 43 %.

• Optimism is still one of the best performers on the cryptocurrency market, and its native token - op - has been able to grow by 43 % in the past seven days.
• His monthly profits are even more impressive and have reached around 230 %in the past 30 days.
• At the time of writing this article, OP is traded at around $ 3.22 (on Binance) and thus marks a new all -time high.

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• The impressive price development is due to a considerable increase in the total value set in the protocol, which is currently at a 3-month high.
• The last time that the TVL was so high was in November 2022.
• It is also worth mentioning that OP is one of the leading companies in the derivative trade volume and that its turbulent price movement led to liquidated positions worth around 3.5 million US dollars on the past day alone.
• as an cryptopotato As reported yesterday, the Optimism Foundation published a proposal for upgrading the main network to provide a “new measure of modularity, simplicity and Ethereum equivalence for layer-2 solutions that offers unprecedented performance and functionality”.
• The upgrade would also reduce transaction costs and increase the throughput properties and synchronization speeds.

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