OP, the native token of Optimism, is currently in profit following its surge past its all-time high. Over one million addresses holding OP, including wallets that acquired the token at $4.01, are currently in the money. OP has seen significant growth in recent months, staying afloat as one of the top performers among large-cap altcoins. …
Tag: Optimism
Feb 11 2024
What is Farcaster? Everything You Need to Know
Farcaster is a protocol for developing decentralized social network applications built on Optimism. In essence, the Farcaster protocol is completely open-source, allowing everyone to build applications. The goal is to ensure an environment where there’s no censorship, and users have full control of their applications. We also look at how to register at – the …
Oct 16 2023
Here’s How Much APT, OP, AXS, APE, and Sui Will be Unlocked in October
Axie Infinity, Optimism, and Aptos are set to release more than $130 million into the market collectively. Axie Infinity has the largest increase in the circulating supply of its AXS token at 11.5%. This release comes after a previous unlock in July, which saw 3.4 million AXS tokens valued at $16.3 million enter the market. …
Oct 12 2023
Coinbase’s Base Network Surpasses zkSync Era in TVL, Soars 25% to $558M: Data
Base’s total value locked (TVL) hit $558 million for the second time in seven days, surpassing Matter Labs’ zero-knowledge (zk) rollup tech-powered scaling solution, zkSync Era. The current surge in TVL is attributed to the re-minting of native USD Coin (USDC) on the network, bringing the chain’s stash to 159 million USDC. Last month, USDC …
Oct 06 2023
Cardano Maintains Dominance in Developer Activity Charts with Impressive Score: Data
Cardano topped the chart for developer activity over the past 30 days with an impressive score of 572. The network continues to eclipse several prominent projects such as Polkadot, Hedera, Chainlink, and Cosmos. Cardano has faced a setback in the second half of 2023 due to regulatory concerns or fierce competition from layer-2 networks such …
Mar 17 2023
Crypto Price Analysis Feb-24: ETH, XRP, ADA, DOT, LINK
Einsteinia’s price action was rather tame this past week and only booked a 0.5% increase. This highlights that this cryptocurrency is in a consolidation period at around $1,600. The key resistance is found at $1.700, and the support is holding well at $ 1,550. Looking ahead, ETH may benefit from the most recent news that …