⬡ Chainlink Adoption Update ⬡
There were 18 integrations of the Chainlink standard across 7 services and 10 different chains: Base, BNB Chain, Botanix, Ethereum, Katana, Metis Andromeda, Optimism, Polygon, Solana, and Soneium.
New integrations include @aktionariat, @BotanixLabs, @DegenArenaGame, @katana, @Lightspeed_Coin, @MANSORYofficial, @matrixdock, @MetisL2 @PalladiumLabs, @Spiko_finance, and @xStocksFi.
Explore the complete Chainlink ecosystem:
1.52K
21
Chainlink
⬡ Chainlink Adoption Update ⬡
There were 18 integrations of the Chainlink standard across 7 services and 10 different chains: Base, BNB Chain, Botanix, Ethereum, Katana, Metis Andromeda, Optimism, Polygon, Solana, and Soneium.
New integrations include @aktionariat, @BotanixLabs, @DegenArenaGame, @katana, @Lightspeed_Coin, @MANSORYofficial, @matrixdock, @MetisL2 @PalladiumLabs, @Spiko_finance, and @xStocksFi.
Explore the complete Chainlink ecosystem:
9.9K
216
Shubham Bhandari
This is the current reality of the entire L2 market right now. I wish people compared the overall L2 market instead of critiquing individual L2s and their ecosystem efforts.
I've been a part of @0xPolygon, I've worked with Mantle Network, and now with @MantaNetwork. The common thing among all of them is that the teams were and are dedicated to building something valuable and utilizing their resources to bring more value.
If it were all about a rug pull, I don't think founders and teams would wait so long just to do it. Because eventually the criticism is same for a real project trying to build but lost 85%
Aishwary.eth (※,※)
1. It say's Polygon lost 85% of its value. So did the market. If you are comparing us with other L2's like Arbitrum (which is approx 86% down from ATH) and Optimism (which is approx 90% down from ATM). Tell me a more liquid L2 in the market which is not at this point?
1.76K
22
M.F.L✺♦️
Classification of App Chains and Their Distinct Differences
1. General-purpose Chains
Ethereum, Base, Optimism, Arbitrum, etc.
A versatile environment where any application can be deployed.
Gas fees and token design depend on the platform.
Easy to get started, but susceptible to competition with other apps and rising gas fees.
2. Community Chains
Chains specialized for specific meme coins, chip tokens, and limited communities.
Structured around community activities (tips, rewards, participatory events).
High degree of freedom in the economic zone, but mainly driven by culture and fan base.
Often lacking in long-term use cases.
3. App Chains (Appchains)
uni, Hyperliquid, syndicate, dream
Optimized around specific applications (DeFi, games, social, etc.).
Custom gas design, token economics, and governance can be designed by the app itself.
Achieves advanced control and scalability.
Ideal for projects aiming for both growth and profitability.
Show original
4.16K
0
Aishwary.eth (※,※)
The problem with self proclaimed uneducated paid shills is that they will say anything to either get views or get paid. This is one such post.
Let me share some perspectives and numbers to refute and prove it:
Neel (Crypto Jargon)
It raised $450M to scale Ethereum.
Promised cheaper, faster transactions for everyone.
Now, MATIC is down 85% and users are leaving.
What happened to Polygon? 🧵
(1/1)
The current price of Optimism is $0.54980. Over the last 24 hours, Optimism has increased by +3.85%. It currently has a circulating supply of 1,752,186,819 OP and a maximum supply of 4,294,967,296 OP, giving it a fully diluted market cap of $968.26M. At present, Optimism holds the 42 position in market cap rankings. The Optimism/USD price is updated in real-time.
The rating provided is an aggregated rating collected by OKX from the sources provided and is for informational purpose only. OKX does not guarantee the quality or accuracy of the ratings. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly, and can even become worthless. The price and performance of the digital assets are not guaranteed and may change without notice. Your digital assets are not covered by insurance against potential losses. Historical returns are not indicative of future returns. OKX does not guarantee any return, repayment of principal or interest. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/ tax/ investment professional for questions about your specific circumstances.
By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates ("OKX") are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets.
To tackle scalability issues and high transaction costs on the Ethereum network, Optimism has emerged as a compelling Layer 2 solution. Functioning as an off-chain network layered on top of Ethereum, Optimism extends the capabilities of the blockchain. Fueled by its native token OP, the platform aims to alleviate Ethereum's challenges and enhance its performance.
What is Optimism
Optimism (OP), also known as Optimistic Ethereum (OE), is a Layer 2 solution built to address the scalability issues of the Ethereum network. At its core, Optimism utilizes a technology known as optimistic rollups. This technology bundles, or rolls up, multiple transactions into a single transaction, significantly improving the speed and cost of transactions. As Optimism is built on top of Ethereum’s architecture, developers and users can make use of the speedy and low-cost transactions whilst having the security of the Ethereum blockchain.
The Optimism team
The Optimism team comprises a group of dedicated blockchain experts, including Jaynti Kanani, Jinglan Wang, Ilya Polosukhin, Ben Jones, Paul Hauner, and Matteo Rizzi.
How does Optimism work
When a user initiates a transaction, it's executed on the Optimism network rather than directly on the Ethereum mainnet. Throughout this process, Optimism maintains communication with Ethereum's Layer 1 and leaves the original network unchanged. This is achieved through optimistic rollups, which consolidate multiple transactions into a single batch submitted to Ethereum.
By adopting this approach, the computational burden on the Ethereum mainnet is lessened, resulting in faster transaction speeds and lower gas fees. Ultimately, Optimism plays a pivotal role in alleviating strain on the Ethereum network, consequently reducing congestion and associated high fees.
Optimism’s native token: OP
OP is the token of the Optimism ecosystem, crucial in securing and powering the Optimism network. The token also serves as incentivizes and rewards for validators who correctly process and confirm transactions. Validators are able to stake OP tokens as collateral, which can be confiscated if they act maliciously.
OP tokenomics
There is a maximum supply of 4,294,967,296 OP tokens. The supply of OP tokens is carefully controlled and released into the market via strategic allocation methods such as staking rewards, developer incentives, and ecosystem grants. This approach ensures a balanced and sustainable distribution of tokens, maintaining the long-term stability and health of the Optimism ecosystem.
OP use cases
The primary purpose of the OP token is governance. This encompasses various essential functions, including allowing token holders to cast votes pertaining to proposed updates to the protocol as well as distribution of incentives for projects through the Governance Fund. Additionally, it facilitates the funding of projects hosted on the Optimism platform. OP holders are also allowed to engage in project management alongside other OP Citizens.
Distribution of OP
OP’s distribution is as follows:
25 percent: Ecosystem fund
20 percent: Retroactive Public Goods Spending (RetroPGF), an experimental spending mechanism designed to align with OP's objective of equating impact with profit.
19 percent: Airdropped to the community
19 percent: Awarded to core contributors
17 percent: Given to investors
Optimism: The road ahead
On the project's horizon is the launch of a public mainnet, marking a significant milestone that will elevate Optimism's capabilities. Looking ahead, Optimism aims to become the leading Layer 2 scaling solution for Ethereum. The project envisions a future where Ethereum's transaction processing capabilities skyrocket to millions per second while upholding its foundational principles of security and decentralization.
Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 2.3K new posts about Optimism, driven by 1.1K contributors, and total online engagement reached 178K social interactions. The sentiment score for Optimism currently stands at 83%. Compared to all cryptocurrencies, post volume for Optimism currently ranks at 2672. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of Optimism.
Powered by LunarCrush
Posts
2,281
Contributors
1,128
Interactions
178,215
Sentiment
83%
Volume rank
#2672
X
Posts
2,252
Interactions
177,441
Sentiment
84%
Optimism FAQ
What is Optimism?
Optimism, also known as Optimistic Ethereum (OE), is a Layer 2 scaling solution for Ethereum that aims to increase transaction throughput and reduce fees without sacrificing security and decentralization.
How does Optimism improve Ethereum’s scalability?
Optimism improves Ethereum’s scalability through the use of optimistic rollups. These rollups are a Layer 2 solution that perform most computation off-chain while keeping the same level of security as the main Ethereum network.
What is the OP price prediction?
While it’s challenging to predict the exact future price of OP, you can combine various methods like technical analysis, market trends, and historical data to make informed decisions.
How much is 1 Optimism worth today?
Currently, one Optimism is worth $0.54980. For answers and insight into Optimism's price action, you're in the right place. Explore the latest Optimism charts and trade responsibly with OKX.
What is cryptocurrency?
Cryptocurrencies, such as Optimism, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Optimism have been created as well.
Watch this video to learn about what happens when you move your money to a crypto exchange.
Disclaimer
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
Socials