Optimism

Ethereum Layer 2 scaling platform Optimism will be offline for up to four hours on June 6 for the Bedrock upgrade.

Optimism plans mainnet Bedrock upgrade for June 6

Ethereum

The attestation service will allow any Optimism user to create digital sign-offs on all kinds of information involving the blockchain's activities and users.

Layer 2 Network Optimism to Use Ethereum Attestation Service to Promote User Trust

Optimism contributors emphasize that multiple clients can help prevent a single point of failure, bolstering the network's resilience.

OP Erigon released as new client software for Optimism on testnet

Optimism's OP token (OP) jumped nearly 6% Wednesday after venture capital firm Andreessen Horowitz (a16z) announced plans to build a stack rollup – a type of scaling solution – on the layer-2 blockchain.

Optimism's OP Token Bounces After a16z Project Announcement

The news comes a day after the firm teased a potential blockchain announcement by tweeting an orange dot.

A16z Says It's Working on an Optimism-Based Rollup Called Magi

The tweet spurred speculation that the notable venture capital firm could launch its own Optimism-based layer 2 blockchain.

Optimism's OP Token Rallies After Cryptic Tweet From A16Z Engineer

A widely followed crypto analyst says that an Ethereum-based (ETH) altcoin looks set to hit new all-time highs after rising 190% in 2023.

Crypto Trader Says Ethereum Altcoin That's Exploded 190% This Year About To Hit New All-Time High

Arbitrum

This week, the price of cryptocurrencies has risen above moving average lines.

Weekly Cryptocurrency Market Analysis: Altcoins Continue To Rise As They Take Constructive Action

The newly announced startup will help developers launch Optimism-based applications.

Paradigm Leads $7M Round for Optimism-Based Startup Conduit

Chainlink

Polygon

A widely followed analyst is predicting bursts to the upside for Ethereum (ETH) and Chainlink (LINK) while having his radar locked on Polygon (MATIC) and Optimism (OP). Crypto strategist Michaël van de Poppe tells his 649,700 Twitter followers that Ethereum is starting to show signs of strength after managing to stay above support of $1,600.

Crypto Strategist Forecasts Rallies for Ethereum and Chainlink, Updates Outlook on Polygon and Optimism

A red-hot Ethereum (ETH) scaling altcoin launched the second phase of its highly anticipated airdrop early Friday morning. The Optimism (OP) protocol, a layer-2 (L2) scaling tool for the Ethereum blockchain, plans to distribute a total of 11.7 million OP tokens to eligible users.

Red-Hot Ethereum (ETH) Scaling Altcoin Launches New Airdrop Phase, Plans To Distribute 11,700,000 Tokens

Coinbase said Thursday that it is leveraging Optimism's technology to launch an Ethereum layer 2 scaling product, Base.

Tokens of Optimism Ecosystem Surge as Coinbase Unveils its Layer 2 Base

Ethereum-based (ETH) scaling solution Optimism (OP) is skyrocketing after the announcement of a partnership with a scaling project incubated by the largest crypto exchange platform by volume in the US.

Ethereum Scaling Project Surges As Coinbase Launches Layer-2 Support

Upon launching its own layer-2 solution, Coinbase said it would contribute to open-source development on the Optimism stack too.

Optimism Pumps 16% Amid Coinbase Layer-2 Launch

Optimism's token soared following Coinbase's announcement that it's building a Layer 2 network on its OP Stack.

OP token pops 7% following Coinbase Layer 2 announcement

Collab.Land, an automated management tool that integrates into Discord and Telegram for token-gated communities, is distributing its token (COLLAB) on Optimism Feb. 23.

Collab.Land to Airdrop Token to Over 2M Wallets on Optimism

Bitcoin

Bitcoin (CRYPTO: BTC) traded higher, with the cryptocurrency prices remaining above the $24,000 level on Thursday. Ethereum (CRYPTO: ETH) also moved higher, trading above the $1,600 mark this morning.

Bitcoin, Ethereum Move Higher; Optimism, Enjin Coin Among Top Gainers

The optimism token (OP) has surged after Coinbase said that it is building its layer 2 blockchain on the OP Stack in collaboration with Optimism

Optimism Token Surges 6.5% as Coinbase Builds Its Layer 2 on the Protocol

Lido DAO

Lido and Optimism aim to increase the availability of wrapped staked ether (wstETH) with OP tokens through the new liquidity mining and user incentives program.

Ether Staking Service Lido Granted 1M Optimism Tokens to Incentivize Wrapped Stake Ether Adoption

A new 1 million OP token grant means Lido Finance users looking to earn some extra yield can do so by porting over to Optimism.

Lido Finance Kicks Off Yield Farming Event on Ethereum Scaler Optimism

Optimism conducted a second airdrop that rewarded users of the Ethereum layer 2. OP token fell on the news.

OP Token Falls After Surprise Optimism Airdrop

Over 11.7 million OP tokens were distributed directly via an airdrop to eligible wallets following a snapshot taken on Jan. 20.

OP token trades down after second airdrop reward from Optimism

Aave

The Aave community has favorably voted on a proposal to permit Lido DAO to distribute token rewards across liquidity pools on three networks.

DeFi Lender Aave to Distribute Lido Staking Rewards on Arbitrum and Optimism

The Ethereum scaling network Optimism, which operates as a layer two (L2) network, announced plans to upgrade its network in March. The upgrade, named “Bedrock,” aims to increase transfer speed, lower fees, and enhance compatibility with the Ethereum Virtual Machine (EVM).

Optimism Plans to Enhance L2 Scaling Network With ‘Bedrock' Upgrade in March 

Ethereum Layer 2 Optimism will release the first major upgrade, Bedrock, on Mar. 16, aimed at improving network performance.

News for Optimism Crypto (OP)