Optimism Price, Chart, News, Tokenomics & Market Insights

Cryptocurrencies

Optimism

Rank #94

$0.58

1.46%

(24H)

Overview
Fundamentals
Technical Analysis
About Optimism
FAQs
Guides
Tokenomics
Team

Fundamentals

Today's Low

0.563

$0.58

Today's High

0.589

Price & Market Stats

Optimism Price	$0.58
24h High / 24h Low	$0.56 / $0.59
Trading Volume	$165,873,462.00
Price Change (24h)	$0.01
Price Change Percentage (24h)	1.465%
Market Cap Rank	#94

Market Cap	$1,011,010,576.00
Market Cap Change (24h)	$11,794,656.00
Market Cap Change Percentage (24h)	1.18%
Volume / Market Cap	0.1641
All-Time High	$4.84
All-Time Low	$0.40

About Optimism

What Is Optimism?

Optimism (OP) is a leading Ethereum Layer-2 scaling solution using Optimistic Rollups to batch transactions off-chain and publish only validity proofs on-chain, reducing gas by up to 90%.

Who Are the Founders of Optimism?

Optimism was launched by the Optimism Foundation, founded by ex-Ethereum developers including Ben Jones and Jinglan Wang to tackle Ethereum’s scalability challenges.

What Makes Optimism Unique?

Offers EVM compatibility and Retroactive Public Goods Funding (RetroPGF) to support ecosystem growth.

How Is the Optimism Network Secured?

Security comes from Ethereum’s fraud-proof system: any invalid rollup transaction can be challenged and reverted on-chain. The Optimism bridge and rollup contracts are audited and managed via multisig governance to prevent unauthorized upgrades.

What Is Optimism’s Role in the Crypto Ecosystem?

Reduces fees for Ethereum apps and enables governance over L2 upgrades and funding initiatives.

How Is Optimism’s Technology Upgraded?

Protocol changes, including EIPs and rollup improvements, are proposed and voted on by Optimism holders in the Optimism Collective. Approved changes deploy automatically, ensuring the network can evolve without contentious forks.

Who Are the Largest Corporate Holders of Optimism?

Major DeFi platforms on Optimism Synthetix, Uniswap, Aave and the Optimism Foundation treasury hold significant Optimism balances to govern and fund ecosystem initiatives.

Frequently Asked Questions

Is Optimism Legal?

Yes. Optimism is legally regarded as a scaling layer token under existing Ethereum regulations, though governance tokens face evolving securities scrutiny.

Can Optimism Be Hacked?

Rollup and bridge contracts are secured but require ongoing security audits.

Can I Use Optimism for Everyday Purchases?

No. Optimism is used for L2 gas payments and governance votes, not for direct retail transactions.

Guides

Buying Guide for Optimism

Staking Guide for Optimism

Tokenomics

Explore the economic structure behind Optimism. Understand the distribution of tokens, supply dynamics, and key economic indicators shaping market performance: Analyzing these elements helps investors understand Optimism's long-term sustainability, potential scarcity, and economic incentives driving its value. Review the chart above for detailed token metrics and distribution insights.