What is OP?
OP is the native governance token of the Optimism network, a Layer-2 blockchain solution designed to enhance the scalability and efficiency of Ethereum. Optimism uses a technology known as optimistic rollups to process transactions more quickly and at lower costs than Ethereum's main chain by batching multiple transactions into a single one.
OP can now be swapped for thousands of available assets on LetsExchange.io.
What are the main market indicators of the token?
The project was launched in May 2022. The total market capitalization of OP is $2,224,525,132, with an all-time low of $0.4022, and an all-time high of $4.84. Now the project is ranked as 45. Now, the OP token is available for swaps on LetsExchange.io.
What else makes us believe that OP may be a wise investment?
Optimism is implementing a fault-proof system to enhance security and scalability. This system includes a new alpha release on their Goerli testnet, which is a significant step toward more secure and efficient transaction validation on the network. The Optimism network is pioneering the OP Stack, a modular, open-source framework designed to enable the creation of highly scalable and interoperable blockchains. Major platforms like Coinbase and venture capital firm Andreessen Horowitz are leveraging Optimism's architecture, which is a testament to its robustness and potential for widespread adoption.
Optimism's governance is structured around the Optimism Collective, which is split into the Token House and the Citizens’ House. These elements highlight not just the technical capabilities of Optimism but also its community and governance innovations, which may contribute to its appeal as a long-term investment in the crypto space.
The OP website is visited by over 1.4M visitors. The project has over 666K followers on Twitter.