What is Optimism crypto and is it available for trading?

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 What is Optimism crypto and is it available for trading?
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Highlights:

  • Optimism said it had attracted more than 300,000 unique crypto addresses since its inception.
  • Optimism announced on April 19 that it had saved US$ 1.1 billion in gas fees since the project was launched.
  • Optimism is a layer-2 scaling solution for the Ethereum blockchain.

The Optimism layer 2 blockchain was launched last year. However, it has garnered massive attention in the past two days after issuing a progress update.

The project announced on April 19 that it has saved US$ 1.1 billion in gas fees since the project was launched. Optimism claims to have facilitated transactions amounting to US$ 17.4 billion.

Optimism said that it had attracted more than 300,000 unique crypto addresses since its inception, and it has generated revenues amounting to US$ 24.5 million. Also, the project has secured US$ 900 million in value.

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After the announcement, it appears that crypto enthusiasts are taking an interest in Optimism. However, more than the progress update, people have been left wondering about a particular statement made on Twitter along with the progress update.

Is Optimism crypto a thing?

At the bottom of its tweet, the blockchain project said that 'A new chapter is near', and that has given rise to speculations that Optimism could be looking to launch or airdrop its native cryptocurrency.

In addition, Coinbase, one of the largest cryptocurrency exchanges in the world, has added a price page for Optimism crypto. However, the Optimism crypto does not exist at the moment.

Coinbase's page does not mention any price data of Optimism crypto, but the users can access the page.

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Bottom line

There is no confirmation from the project of any plans to launch the Optimism crypto and interested investors will have to wait for the event to happen if any plan exists.

Optimism is a layer-2 scaling solution for the Ethereum blockchain and uses Optimistic Rollups to execute a large number of transactions.

The Optimism platform supports at least 30 different projects: Synthetix, Uniswap, Perpetual Network and Stargate Finance.

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