Very Optimistic! Optimism Crypto (OP) Sudden Breakthrough Speed $2
<p> "Wow that's the best, can it go up to $3 in the near future?"</p><p><br /></p><p>After hovering below $1.85 for several weeks, the Optimism (OP) cryptocurrency finally managed to show a remarkable move as its price peaked at $2.22 from $1.69 on December 7th yesterday.</p><p><br /></p><p>Recently, Optimism Collective has distributed OP tokens worth $53 million to reward various parties and projects that contribute "public goods" on the popular Layer-2.</p><p><br /></p><p>His application focuses on public work to bring the benefits of Abstraction to the OP Stack and the EVM ecosystem, where the scope of the grant application does not cover all of Alchemy as some have suggested.</p><p><br /></p><p><br /></p><p>In addition to confirming venture capital-backed firms are eligible for funding, the Optimism Collective says that voting should be based on potential impact on the collective.</p><p><br /></p><p>As the OP increased ahead of a possible price hike, the demand for DAO funds to dominate native tokens was widely scrutinized.</p><p><br /></p><p>In context, OP is a Layer-2 blockchain on the Ethereum (ETH) network that uses the Optimistic Rollup solution to increase scaling, but the transfer of assets from the OP network to ETH via an official bridge may take up to seven days.</p><p><br /></p><p>Looking at the price chart, OP which has broken through its resistance zone at $2.06 may continue to rise up to $2.49 or more, but if it fails then the digital asset can slide back to $1.48 followed by $1.16.</p><p><br /></p><p>As of this writing, OP price has surged by 26.44% at $2.18 in the last 24 hours with a market capitalization of $1 billion further recording a 28.90% increase over the last week.</p>
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