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Optimism OP |
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$1.74 |
0.23 % (24h) |
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Marketcap |
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$2,348,435,086 |
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Volume 24h |
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$176,790,249 |
Description
Optimism (OP) is a Layer 2 scaling solution for Ethereum designed to enhance the performance and scalability of the network. Launched in 2021, Optimism uses Optimistic Rollups to process transactions off-chain while maintaining Ethereum's security and decentralization. OP, the platform's native token, is used for governance, staking, and to pay for transaction fees within the Optimism ecosystem. Optimism aims to reduce gas fees, increase throughput, and make Ethereum-based applications more efficient and accessible.