Something most might miss is that $OP actually looks really really good on a higher time frame.
We have seen a clean series of higher lows and higher highs pointing to a bright picture for the future.
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See the live Optimism price in EUR. Buy Optimism or add it to your Crypto Strategy.
OP EUR price chart / performance
OP EUR price chart / performance
Past performanceis not indicative of future results. EUR (€) currency fluctuations can cause returns to go up or down. Returns shown are before fees.See feesandasset data disclosurefor more details.
Strategies with OP
Returns
Returns
Return (24h)
+6.08%
Return (7D)
+39.67%
Return (1M)
+36.69%
Return (1Y)
+28.00%
My Investment
My Investment
Profit Taken
€0.00
0.00%
You Have:
€0.00
Unrealised P/L
€0.00
0.00%
Optimism (OP) History and Overview
Optimism (OP) History and Overview
Optimism is a layer-two blockchain that operates on top of Ethereum. It leverages the security of the Ethereum mainnet and helps scale the Ethereum ecosystem through the use of optimistic rollups. This means that transactions are recorded trustlessly on Optimism, but ultimately secured on Ethereum. With over $500 million in total value locked, Optimism is one of the leading scaling solutions for Ethereum, hosting 97 protocols, including Synthetix (SNX), Uniswap (UNI) and Velodrome (VELO). Users can access Optimism by adding the chain to their Metamask wallet and bridging tokens like ETH to layer-two.
Optimism is built around four core principles: simplicity, pragmatism, sustainability and optimism. It aims to minimize the number of components while providing a layer-two solution for Ethereum. This approach involves using existing Ethereum code and infrastructure whenever possible and keeping the code as simple as possible.
The ecosystem is driven by the real-world needs and constraints of the team and users, with a focus on building iteratively and gradually implementing features such as EVM equivalence. The design process prioritizes long-term sustainability and avoids shortcuts to scalability. Optimism uses optimistic rollups and takes advantage of the Ethereum consensus mechanism to scale the network. Transactions are executed on layer-two, while batches of transactions are submitted to layer-one. The layer-two does not have a mempool, and transactions are immediately accepted or rejected, providing a smooth user experience while maintaining security.
Transactions are submitted to Ethereum without direct proof of validity and can be challenged for a period of seven days. After that, a transaction is considered final, which is why withdrawals from Optimism to Ethereum take seven days to complete.
How To Buy Optimism or Add it to your Strategy
The fastest, most convenient way to purchase Optimism is to purchase it on ICONOMI. We check Optimism live prices on 10+ crypto exchanges and buy it at the best market price.
You can buy Optimism by adding it to your private Crypto Strategy (crypto portfolio). You can also use our recurring buy feature that tends to level out cryptocurrency price volatility effects. You can find out more about how to benefit from smaller investments at regular intervals on our blog article.
We recommend you do your own research and cryptocurrency analysis. Experienced crypto traders use fundamental and technical analysis to evaluate if Optimism is a good buy/sell. Fundamental and technical analyses are the two most common types of analysis used in trading traditional assets (e.g. stocks and bonds).
If you are unfamiliar with analyzing cryptocurrency prices and want to buy Optimism, we recommend you read the next section, as copying might be a better approach.
Add Optimism to your portfolio by copying a Strategy
If you are not skilled at these, consider a different approach to investing in cryptocurrencies. You can learn from and copy seasoned crypto traders on ICONOMI who regularly share their insights and manage their public Crypto Strategies. Go to the strategies page and use the “ticker” filter to find out which public Crypto Strategies have Optimism in their structure.
Posts
Here you can read and comment on all posts made by Strategists about Optimism OP. See all Optimism price predictions in real time and make the best use of their crypto knowledge.
Alpha Digital
12 Nov, 2024
4 people like this
That did not age quite so well, did it? @mmmambocosmo
Btc still outperforming shitcoins
Alpha Digital
12 Nov, 2024
So what altcoins will I be concentrating on?
As some of you have already noticed I am a big fan of $OP Optimism.
I firmly believe that $ETH is the underdog of this cycle and will perform better than most expect.
Subsequently, scaling solutions will be needed and sought after. $OP has a very good position with the Superchain being a potential killer application/protocol allowing multiple Layer 2s to seamlessly connect and interact with each other scaling the network horizontally.
Apart from that Layer 1 solutions like $SOL, $AVAX, $NEAR, $SUI, etc. also have a lot going for them and will most likely also perform very well.
Then there are the sectors that saw crazy rallies in the past but couldn't live up to the expectations but could see a revival under more lax regulation. These include DeFi (decentralized finance) and RWA (real-world assets) tokenization.
Protocols like $AAVE, $CRV, $MKR, $ONDO, ... come to mind here.
5 people like this
Alpha Digital
29 Oct, 2024
$OP still consolidating with the trend intact. I still believe in Layer 2s and the Superchain could be really amazing for scaling $ETH with a good user experience.
4 people like this
Alpha Digital
7 Sep, 2024
Optimism's $OP token also shows strength against $BTC
With a lot of room to breathe it's my main bet at the moment.
3 people like this
Alpha Digital
29 Aug, 2024
$OP also looks like it may have bottomed and has a lot of room to grow.
There are still many levels to clear though and only above 2$ most of the EMAs act as support and not resistance.
3 people like this
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@MajoMusicmakin I don't want to be toxic but this still ages pretty well. Alt needs to skyrocket to justify the status with are with the strat now, what happened yesterday is ok but far from being enough. BTC is at a new ATH and the strategy is not even at the ATH of last month. The manager didn't addres the concern of the strategy not being followed closely in this last year, and my fear is that if BTC is dumping we will crash with alts in a way the we never saw before.