As of December 7, 2024, Optimism (OP) is trading at approximately $2.71 USD, reflecting a 5.40% increase over the past 24 hours. The token has a circulating supply of 1,255,070,491 OP, contributing to a market capitalization of around $3.4 billion.
In recent developments, Kraken has secured a $42.5 million grant from Optimism to launch Ink, a layer-2 solution on the Optimism blockchain. Additionally, Coinbase's layer-2 network, Base, has integrated Optimism's fault-proof system to enhance decentralization.
These initiatives aim to bolster the scalability and security of the Ethereum ecosystem, with Optimism playing a pivotal role in these advancements.
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