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How to Buy Optimism
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Optimism is a layer two protocol and smart contract platform that aims to enable low-cost and near-instantaneous Ethereum transactions. The OP cryptocurrency powers the Token House, which will be a division of the Optimism Collective alongside the Citizens' House. The Collective governs network parameters, treasury disbursements, and protocol upgrades.
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Buyer Ratio
Seller Ratio
Buyers
434
-7.86%
Traders
664
0.3%
Sellers
281
28.9%
Search Stats
974
Market Stats
Market Cap
€1.22B
FDV
€3.17B
Circulating Supply
1.7B OP
Max Supply
4.3B OP
Total Supply
4.3B OP
Performance
Popularity
#62
Dominance
0.04%
Volume (24H)
€325.57M
9.96%
Volume (7D)
€2.03B
Volume (30D)
€10.32B
All time high
€4.34
Overall Price Change (1Y)
-66.71%
The latest OP price is €0.74. Compared to Optimism's value of €0.76 from 24 hours ago, there's been a -3% decrease, while the current price is 40% up from €0.52 which was recorded one week ago. Optimism's all time high is €4.34, which was reached on March 6, 2024. This is a -83% change from its price today.
The current circulating supply of Optimism is 1,657,120,774. This is 39% of its max supply of 4,294,967,296 OP and 39% of its total supply of 4,294,967,296. The market cap is currently €1.22B, which is a result of multiplying the current price of Optimism(€0.74) by the total supply(4,294,967,296 OP). The fully diluted valuation of Optimism is €3.17B. The diluted valuation of Optimism is €3.17B.
OP vs markets
↘ 77.45%
OP vs BTC
↘ 78.64%
OP vs ETH
↘ 61.01%
Tags
layer-2
modular-blockchain
made-in-america
Network | Address | |
---|---|---|
Optimism | 0x4200000000000000000000000000000000000042 |
Time | Price | Change |
---|---|---|
Today | €0.74 | ↘ 3.22% |
1 Day | €0.76 | ↘ 3.22% |
1 Week | €0.52 | ↗ 39.81% |
1 Month | €0.59 | ↗ 24.27% |
1 Year | €2.28 | ↘ 66.71% |
Optimism (OP) is a layer-two blockchain that operates on top of Ethereum, aiming to scale the Ethereum ecosystem by using optimistic rollups. This means transactions are recorded on Optimism but ultimately secured on Ethereum, benefiting from Ethereum's security. Optimism is home to numerous protocols and has a total value locked (TVL), making it a notable scaling solution for Ethereum. The Optimism Foundation, a nonprofit organization, leads Optimism with the goal of growing the Optimism ecosystem. The foundation is funded by donations and grants and strives to produce infrastructure that promotes the growth and sustainability of public goods.
Optimism operates with a focus on simplicity, pragmatism, and sustainability. It aims to keep its code as simple as possible, using proven Ethereum code and infrastructure when possible. The ecosystem is driven by the real-world needs and constraints of its team and users, aiming to build iteratively and implement features gradually. Optimism uses optimistic rollups and leverages the consensus mechanism of Ethereum to scale the network. Blocks are constructed and executed on Optimism (L2), while user transactions are batched up and submitted to Ethereum (L1). Transactions are submitted to Ethereum without direct proof of validity and can be challenged for a certain period of time. After this period, a transaction is considered final.
Optimism aims to create an ecosystem where value is generated for its three constituencies: token holders, contributors and builders, and users and community members. Token holders are compensated through the productive re-deployment of sequencer revenue. Contributors and builders receive value from retroactive public goods funding. Users and community members receive value from ongoing airdrops and project incentives. The demand for OP block space generates revenue, which is distributed to public goods, driving more demand for block space. This makes Optimism a potential platform for various decentralized applications and protocols.
Optimism is led by the Optimism Foundation, which is dedicated to growing the Optimism ecosystem. The foundation is completely funded by donations and grants and pledges to produce infrastructure that promotes the growth and sustainability of public goods. The foundation has set several milestones for the development of Optimism, including the introduction of Optimistic Rollup, the launch of the EVM Compatible Testnet, and the opening of the Mainnet. The foundation is working on decentralizing the sequencer and implementing next-generation fault proofing. The initial token supply of Optimism was 4,294,967,296 OP tokens, with a token generation rate of 2% per year.
We update our Optimism to EUR currency in real-time. Get the live price of Optimism on Coinbase.
The current market cap of Optimism is €1.22B. A high market cap implies that the asset is highly valued by the market.
The all-time high of Optimism is €4.34. This all-time high is highest price paid for Optimism since it was launched.
Over the last 24 hours, the trading volume of Optimism is €325.57M.
Assets that have a similar market cap to Optimism include Fartcoin, Injective, KuCoin Token, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Optimism is 1.7 billion.
Optimism ranks 115 among tradable assets on Coinbase. Popularity is currently based on relative market cap.
Currently, 95% of Coinbase users are buying Optimism. In other words, 95% of Coinbase customers have increased their net position in Optimism over the past 24 hours through trading.
Yes, Optimism is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Optimism guide.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Trending articles
Popularity in posts
#141
Contributors
3,489
Posts
4,626
% About Optimism
0.169%
Articles
48
Hold times
0 days
X (Twitter)
77.77% bullish
Sentiment
4.8 ★
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Highlights
3,489 unique individuals are talking about Optimism and it is ranked #141 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Optimism has an average sentiment score of 95 out of 5. Finally, Optimism is becoming less newsworthy, with 48 news articles published about Optimism.
On Twitter, people are mostly bullish about Optimism. There were 86.17% of tweets with bullish sentiment compared to 10.8% of tweets with a bearish sentiment about Optimism. 13.83% of tweets were neutral about Optimism. These sentiments are based on 2457 tweets.
On Reddit, Optimism was mentioned in 481 Reddit posts and there were 9909 comments about Optimism. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.