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news-imageFebruary 3, 2023

5 Altcoins Running Rampant Toward New Highs

DYDX, MINA, Optimism (OP), Loopring (LRC), and Convex Finance (CVX) lead the pack this week as the biggest crypto market gainers.
Publisher: BeInCrypto
Sentiment: Positive
CVX
DYDX

More News Articles

Positive
cover-imageThe Cryptonomist
March 27, 2025

Tether launches USDT0 on the OP Superchain network, expanding the use of stablecoins on Ethereum

Tether has launched its crosschain stablecoin USDT0 on Optimism's OP Superchain, expanding the accessibility of the digital dollar to Ethereum's layer-2 ecosystem. The launch, announced on March 27, marks a significant step in the adoption of stablecoin within decentralized finance (DeFi) and strengthens the growth of OP Superchain as one of the most dominant infrastructures in the sector.

Positive
cover-imageCointelegraph
March 27, 2025

Tether's crosschain USDT0 stablecoin launches on OP Superchain

Tether's crosschain US-dollar stablecoin, USDT0, has been deployed to Optimism's Superchain, increasing access to the world's most widely used stable asset across Ethereum's layer-2 ecosystem.On March 27, Optimism announced that the dollar-pegged USDT0 is now live on the OP mainnet. The crosschain stablecoin's first deployment was on Ink, Kraken's DeFi-focused layer-2.

Positive
cover-imageCointelegraph
March 27, 2025

USDT0 deploys on OP Superchain

Crosschain US-dollar stablecoin USDT0 has been deployed to Optimism's Superchain, increasing access to the world's most widely used stable asset across Ethereum's layer-2 ecosystem.On March 27, Optimism announced that the dollar-pegged USDT0 is now live on the OP mainnet. The crosschain stablecoin's first deployment was on Ink, Kraken's DeFi-focused layer-2.

Positive
cover-imageCryptonews
March 24, 2025

dYdX Community Launches DYDX Buyback Program

dYdX, the decentralized perpetual contracts trading platform community, has officially launched the first-ever $DYDX Buyback Program, a major move for the protocol. The post dYdX Community Launches DYDX Buyback Program appeared first on Cryptonews.

Positive
cover-imageCointelegraph
March 24, 2025

DYDX shoots up 10% as buybacks get a quarter of protocol revenue

Decentralized finance (DeFi) trading platform dYdX announced its first-ever token buyback program on March 24, aiming to reinvest in its ecosystem to enhance security and governance.According to the announcement, 25% of the protocol's net fees will be dedicated to monthly buybacks of its native dYdY (DYDX) token on the open market. Following the announcement, DYDX surged over 10% and was trading at approximately $0.731 at the time of writing, according to CoinGecko.

Neutral
cover-imageThe Currency Analytics
February 28, 2025

dYdX Price Prediction 2025-2031: Long-Term Outlook

dYdX, the decentralized exchange (DEX) token, has witnessed considerable volatility over the years. After reaching its all-time high (ATH) of $4.53, it has struggled to regain its previous momentum, leading many to question its future potential.

Positive
cover-imageThe Currency Analytics
February 24, 2025

Optimism (OP) Price Prediction 2025-2030

Optimism (OP) has emerged as one of the leading Layer-2 scaling solutions designed to address Ethereum's scalability issues. The blockchain protocol has gained significant attention for its ability to process transactions quickly and with minimal gas fees, making it an attractive option for developers and users looking for more efficient alternatives within the crypto space.

Positive
cover-imageThe Currency Analytics
February 18, 2025

Optimism (OP) Forms Bullish Pattern, Eyes $1.18 Resistance

Optimism (OP) has been gaining momentum in the market, showing promising signs of recovery as it continues to trade within an ascending triangle formation. On-chain data reveals whale accumulation and an increasing open interest, suggesting that a potential breakout is imminent.

Negative
cover-imageThe Currency Analytics
February 15, 2025

Optimism (OP) Faces Bearish Breakdown, Targets $0.30

Optimism (OP) is encountering growing signs of weakness, as a bearish technical pattern could signal a significant downturn. While the token is currently trading at $1.16, showing a 3.54% increase in the past 24 hours, there are concerning indicators suggesting that OP might be heading toward a sharp drop, with the $0.30 range potentially acting as the next major support level.

Negative
cover-imageThe Currency Analytics
February 6, 2025

Optimism (OP) Signals Potential Price Drop

Optimism (OP), the popular Ethereum Layer-2 scaling solution, has recently raised concerns among investors as a series of technical and on-chain signals point toward potential downside risks. While the cryptocurrency's price recently saw a modest gain, there are mounting signs that a price correction may be on the way.

Negative
cover-imageInvezz
February 6, 2025

Optimism price analysis: key levels to watch as OP forms classic reversal pattern

Optimism (OP) displays significant bearishness after losing 25% and nearly 50% in the past week and month. Furthermore, the charts show OP has formed a head-and-shoulder formation, hinting at impending downward continuation. OP forms a head-and-shoulders pattern Optimism's price performance demonstrates bear dominance, and the emerging head-and-shoulders formation affirms this narrative.

Positive
cover-imageCrypto Daily
January 30, 2025

Crypto Price Analysis 1-30: BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, BITTENSOR: TAO, ARTIFICIAL SUPERINTELLIGENCE ALLIANCE: FET, ALGORAND: ALGO, OPTIMISM: OP

Bitcoin (BTC) bounced following comments from Federal Reserve Chair Jerome Powell at the FOMC meeting, signaling that banks could serve crypto customers if they comply with risk disclosure requirements. As a result, the crypto market registered notable gains, with BTC up nearly 3% as it crossed the $105,000 mark.

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