Optimism

TAO, HNT, OP, KAS and AXL are the altcoins with the lowest weekly performance.

Weekly Market Analysis: Altcoins Retreat As They Reach Bullish Exhaustion

Ethereum

Ethereum Layer-2 networks Base and Optimism have been marveling at the impact of Dencun, including less-than-a-penny transaction fees.

Ethereum L2s Base and Optimism 'Finally Getting Scalability' After Dencun Upgrade

Arbitrum

Polygon

ARB token has gained 11% and OP has climbed 4% in the past day.

Ethereum L2s Arbitrum, Optimism and Polygon See Gains Ahead of Dencun Upgrade

Ethereum (ETH)'s highly anticipated Dencun upgrade, scheduled for March 13, is poised to be a landmark event for the network.

Ethereum's Dencun Upgrade Will Benefit L2s Like Arbitrum and Optimism

The Optimism Foundation recently sold approximately 19.5 million OP tokens, valued at nearly $90 million, to an unnamed buyer, with these tokens being sourced from the unallocated segment of their OP Token treasury initially set aside as working capital.

Optimism Foundation Executes $89 Million OP Private Token Transaction

The tokens have been sold to an undisclosed buyer and will be vested for two years.

Optimism Sells $89M OP Tokens in Private Transaction

Optimism Foundation announced that it is privately selling roughly 19.5 million governance tokens — worth more than $89 million at current prices.

Optimism Foundation to sell $89 million worth of OP tokens in private sale to unknown buyer

The Delta hardfork, deployed across Optimism-based chains like Optimism Mainnet, Zora and Base last week, has successfully reduced fees as anticipated.

Optimism-Based Layer-2 Chains See Significant Cost Reductions After Delta Hardfork

The Delta hardfork was deployed on various Optimism-based chains, including OP Mainnet, Base and Zora, targeting reduced Layer 1 fees.

Delta hardfork results in fee reduction on Optimism ecosystem chains

Users who created NFTs on the Ethereum Mainnet or Optimism's Superchain before Jan. 10 are eligible to claim rewards.

Optimism distributes over 10 million OP worth nearly $41 million in fourth airdrop

Former Consensys product lead Ben Edgington has joined development company OP Labs as its lead technical program manager.

Former Consensys product lead Ben Edgington joins OP Labs

Over 18,000 qualified participants will receive 22.3% of HAI's governance token KITE on Feb. 12 through the airdrop.

Stablecoin protocol HAI to have airdrop ahead of mainnet launch on Optimism

Avalanche

February is poised to witness a series of significant token unlocks and airdrops.

$800M in Unlocks From Avalanche, Aptos, Optimism and More in February

Get a head start on February's token unlocks with our comprehensive breakdown of all you need to know.

February will see $800 million of unlocks from Avalanche, Optimism, Aptos and more

The modular DeFi Layer 2 network will receive the grant of up to 2 million OP tokens ($5.3 million) to support user growth incentives.

Mode to receive up to 2 million OP grant from the Optimism Foundation

Bitcoin

Cryptocurrency analyst and trader Michaël van de Poppe says one Polygon (MATIC) rival is setting the stage for a massive surge. Van de Poppe tells his 685,200 followers on the social media platform X that layer-2 scaling solution Optimism (OP) might soon soar by more than 55% from its current value.

Crypto Trader Michaël van de Poppe Says Polygon Rival Likely To Surge by Over 55%, Maps Path Forward for Bitcoin

A widely followed cryptocurrency analyst and trader believes that an Ethereum (ETH) scaling solution is primed to break above its record high.

Top Crypto Analyst Says Polygon Competitor on Cusp of New All-Time High, Updates Outlook on Ethereum and Bitcoin

Ethereum is up significantly today, but the tokens behind projects that make the ecosystem faster and cheaper to use are doing even better.

Ethereum Jumps, But the Real Winners Are Optimism, Arbitrum, and Polygon

Solana

The latest price moves in bitcoin [BTC] and crypto markets in context for Dec. 22, 2023. First Mover is CoinDesk's daily newsletter that contextualizes the latest actions in the crypto markets.

First Mover Americas: Optimism's OP and Solana Rally

Lisk is collaborating with Optimism and Gelato to transition from a Layer 1 to an Ethereum Layer 2 solution.

Lisk blockchain will become an Ethereum Layer 2 via Optimism and Gelato

SOL is up 128% over the past 30 days and not far from overtaking USDC's market cap.

Solana Touches $50 Per Coin While Tron and Optimism See Gains

Manta Network developer p0x labs said the “Polygon CDK sets standards in Layer 2 design and execution that, long-term, OP Stack cannot meet.”

Manta Pacific to migrate from Optimism to Polygon tech as a zkEVM Layer 2

The network, which just went live a couple weeks ago as a so-called optimistic rollup – the core underpinning of OP Stack – will now become a “ZK-rollup,” which is what Polygon's software kit provides.

Manta's Layer-2 Blockchain Already Plans to Ditch OP Stack for Polygon

Whales are major players in the industry who accumulate or dump tokens of various types of cryptocurrencies. They either take advantage of prices, macroeconomics, accumulate tokens or leverage falling prices to buy the token.

Whale Activity Weekly Round-Up: XRP Witnesses Significant Dump, ETH, OP Token Incite Interest

Considered a key element missing from networks utilizing its software, OP Labs said its "fault proof" system is now live as an alpha.

News for Optimism Crypto (OP)