- Optimism crypto on 4 August as it witnessed a gain of over 16% and a volume gain of 91% at 11:25 AM (GMT+1), according to CoinMarketCap.
- The Optimism rally is mainly on the back of the news of its Bedrock upgrade, which is expected to revitalise the protocol and serve as the model for rollup architecture.
- This unique token on Thursday was trading at US$2.01 with a trading volume of US $88,70,24,486 in the past 24 hours, according to CoinMarketCap.
Ethereum Layer-2 scaling solution, Optimism (OP) crypto, has recently been on a bullish trend. The OP crypto over the past month or so has seen a rally of over 254% and over 89% over the past week itself. The momentum seems to continue even on 4 August as it witnessed a gain of over 16% and a volume gain of 91% at 11:25 AM (GMT+1), according to CoinMarketCap.
Optimism crypto takes advantage of the superior security of the Ethereum mainnet thereby allowing OP crypto to scale up its operations. Through this feature, the OP crypto can also ensure that all the transactions done on the Optimism protocol are in a trustless and secured manner. Optimism is designed to maximise its potential from the consensus mechanism of Ethereum in order to scale the network. Layer-2 doesn't have any mempool, allowing the transactions to be finalised.