Latest News

WalletConnect, a protocol that facilitates connections between crypto wallets and decentralized applications, is set to launch its native Connect Token (WCT) on Optimism's OP Mainnet.

OP Succinct optimizes ZK rollups, reducing transaction times and costs on Ethereum. The collaboration between Succinct Labs and OP Labs aims to boost blockchain scalability.

Notcoin (NOT), Ontology (ONT), Optimism (OP), and Orbs (ORBS) are showing intriguing developments as the broader cryptocurrency market struggles to maintain a bullish trend after Bitcoin dropped below $60k.

Succinct Labs and OP Labs have collaborated on a zero-knowledge proofs solution that significantly improves transaction finality and gas costs compared to optimistic rollups. On Sept.

Succinct Labs collaborated with OP Labs, the main contributor to the Optimism, a Layer 2 scaling solution for Ethereum.

Bitcoin (BTC) briefly hit $58,000 early in today's session, but selling pressure forced the price back below $57,000. The world's largest cryptocurrency continues to face resistance at upper levels, causing bulls to lose momentum.

Ethereum (ETH) has faced significant challenges recently, grappling with bearish market trends that have left many investors uncertain. However, new developments in layer-2 solutions such as Optimism (OP) and emerging meme coin projects like Mpeppe (MPEPE) are offering some hope.

Bitcoin remains below $55,724 support, but the selling may be reducing, increasing the possibility of a relief rally in UNI, SUI, OP and HNT.

Binance announces support for the Optimism (OP) network upgrade and hard fork, suspending deposits and withdrawals temporarily.

With a channel breakout retest rally gaining momentum, the OP price action reveals a high chance of an uptrend. Optimism maintains a solid bullish stance as the broader market stabilizes near the weekend.

Amid rising price volatility in the cryptocurrency market, top tokens have displayed increased buying and selling pressure over the past few days. Moreover, the largest altcoin, Ethereum price has successfully reclaimed the $2.5K level. Following this, mid-cap altcoins have recorded a similar price action. This has resulted in many tokens recording a double-digit gain.

Bitcoin has recently faced a bit of turbulence, dropping from its previous high of $63,000. However, the analyst of Crypto Banter's The Sniper Trading show said that it's important to remember that the last low was around $49,000, and we are still maintaining higher lows, sitting comfortably at $59,000-$60,000.

TL;DR Sony launches Soneium Minato testnet, an Ethereum Layer-2 blockchain, to enhance scalability and efficiency for decentralized applications (dApps) with faster transactions and lower gas fees. Soneium Spark incubation program offers up to $100,000 in investment, mentorship, and infrastructure support for Web3 developers, backed by industry leaders like Circle, Optimism, and Chainlink.

Circle, Optimism, Alchemy, The Graph, Chainlink and the Astar Network will join as launch partners for Sony's new blockchain.

When you get a “GM” from Sota Watanabe, it doesn't mean “good morning.”

Developers on the new blockchain will have a chance to receive investment and other forms of support from a wide range of Web3 firms.

Story Highlights The live price of Optimism is . Optimism price could go as high as $3.85 by the end of 2024. With a potential surge, the OP price could reach a maximum of $30.25 by 2030. The transactional speed in the world of blockchain and finance is a critical indicator of success.

Token unlock involves releasing tokens that were previously blocked under fundraising terms. Projects carefully schedule these releases to avoid market pressure and prevent a drop in token prices.

As the market gains more bullish momentum, Optimism (OP) investors become more enthusiastic after this week's price actions. According to CoinGecko, the token is up more than 24% since last week which is currently supported by the strong bullish sentiment present within the market.

Optimism current price action has caught the market's attention as bullish momentum builds, driving the price toward the pivotal $1.8 level. This upward drive could mark a potential turning point, challenging the prevailing downtrend that has kept the bulls in check for weeks.

Amid ongoing market volatility, the altcoin leader, Ethereum's price has reclaimed the $2,650 level with a jump of 2.11% in the past day. Following this, ETH-based altcoins have gained significant attention from the market. This has resulted in them breaking out of their important resistance levels.

Clearpool's Ozean chain on Optimism could significantly expand DeFi by integrating real-world assets, unlocking vast market potential. The post Clearpool unveils RWA yield chain built on Optimism appeared first on Crypto Briefing.

The undercollateralized lending marketplace Clearpool is working on Ozean — a Layer 2 blockchain that will be part of the Optimism ecosystem.

OP Labs, a software development company focusing on the Optimism ecosystem, has proposed an upgrade for the Optimism rollup called Granite, which comes to fix a series of vulnerabilities in the chain's fault-proof system. While some high-severity vulnerabilities were encountered during external audits, OP Labs stated that none had been exploited.