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    Optimism

    OP

    Rank #48

    $3.21

    -10.11%
    24H Low$3.12
    $3.5624H High
    24H Volume
    $347.85 M
    All-Time High(ATH)
    $4.84
    All-Time Low(ATL)
    $0.4022
    Market Cap
    $3.17 B
    Fully Diluted Valuation
    $13.53 B
    Market Cap/FDV
    23.43%
    Circulating Supply
    1.01 B OP
    Total Supply
    4.29 B OP
    Max Supply
    4.29 B OP
    Market Sentiment
    Positive
    * Data from 3rd parties

    Optimism (OP) Price Trends

    Time period
    Change amount
    % Change
    1H
    $-0.08633
    -2.69%
    24H
    $-0.3245
    -10.11%
    7D
    $-0.9976
    -31.08%
    30D
    $-0.3726
    -11.61%
    1Y
    $+0.5533
    +17.24%

    Credibility Indicators

    89.30

    Reliability Score

    Rank #1

    # 110

    Percentile

    TOP 5%

    Team Members

    Jinglan Wang

    Jinglan Wang

    Co-Founder

    Ben Jones

    Ben Jones

    Co-Founder

    Karl Floersch

    Karl Floersch

    CEO,Co-Founder

    Kevin Ho

    Kevin Ho

    Product Manager,Co-Founder

    Investors

    Andreessen Horowitz (a16z)

    Andreessen Horowitz (a16z)

    Coinbase Ventures

    Coinbase Ventures

    Paradigm

    Paradigm

    IDEO CoLab Ventures

    IDEO CoLab Ventures

    Live Optimism (OP) Price Update

    Optimism price today is $3.21 with a 24-hour trading volume of $347.85 M, and as such Optimism has a market cap of $3.17 B, giving it a market dominance of 0.51%. The Optimism price moved -10.11% in the last 24 hours.

    Optimism reached its highest price on 2024-03-06 when it was trading at its all-time high of $4.84, while its lowest price was recorded on 2022-06-18 when it was trading at its all-time low of $0.4022. The current lowest price since the last cycle high was $0.4022, and the highest price since the last cycle low was $4.84. The social sentiment of Optimism is currently Positive.

    The current circulating supply of Optimism is $1.01 B OP. In terms of market cap, Optimism is currently ranked 48.

    About Optimism (OP)

    Optimization is a low-cost, lightning bolt Ethereum secondary blockchain. The optimization ecosystem is an overview of applications and integrations in the optimization ecosystem. Optimization addresses the actual needs of developers and users. The optimization foundation is a non-profit organization dedicated to the development of optimization collective. OP is its native governance token, which is mainly used for governance protocols.

    FAQs

    1. What determines the price movement of Optimism?

    There are two schools of thought in determining the price of Optimism.
    By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of Optimism, collectively known as fundamental analysis. The law of supply and demand, tokenomics, use case, project roadmap as well as regulations and governance involved would affect the value of Optimism from a long term perspective.
    By way of price action: Primarily analyzed via candlestick chart patterns and technical indicators such as MACD, RSI and the bollinger bands, technical analysis forecasts the price of Optimism on the basis that history tends to repeat itself. As the candlestick charts are a general representation of the emotion of the market, news announcements and community sentiment can be significant price action drivers for Optimism as well.
    Investors tend to prefer the long term nature of fundamental analysis, whereas short term traders tend to rely on technical analysis more. In reality, both analyses may combine and create interesting scenarios for Optimism and the cryptocurrency market as a whole.

    Optimism Tokenomics

    Next Unlock Events

    Next Unlock Events

    OP 1.059M

    (0.02% Total Supply)

    $3.4 M

    (0.11% Market Cap)

    Unlock Rounds 4

    1

    D

    0

    2024/03/20

    Unlock Rounds 4

    1

    D

    0

    2024/03/20

    OP 1.059M

    (0.02% Total Supply)

    $3.4 M

    (0.11% Market Cap)

    Vesting Info

    Links to official documents

    Allocations

    Name
    Total
    Unlocked
    Locked

    Retroactive Public Goods Funding (RetroPGF)

    19.28%

    --

    --

    Core Contributors

    19%

    8.53%

    10.47%

    Sugar Xaddies

    17%

    7.68%

    9.32%

    Future Airdrop(s)

    14%

    0.23%

    13.77%

    Ecosystem (Unallocated)

    8.8%

    --

    --

    Ecosystem (Governance Fund)

    5.4%

    1.28%

    4.12%

    Ecosystem (Seed Fund)

    5.4%

    --

    --

    Ecosystem (Partner Fund)

    5.4%

    --

    --

    Airdrop #1

    5%

    5%

    --

    Retrodrops

    0.7%

    0.7%

    --

    Vesting Info

    Links to official documents

    Vesting Schedule

    Round
    Token Allocation
    TGE Unlock
    Cliff

    Unlocked

    Locked

    Next Unlock
    Summary

    816M

    0%

    1Y

    OP 366.58 M

    OP 449.47 M

    May 31, 2023

    May 31, 2026

    2024/03/20

    0.068%

    1 year-cliff,

    730.1M

    0%

    1Y

    OP 329.66 M

    OP 400.48 M

    May 31, 2023

    May 31, 2026

    2024/03/20

    0.069%

    1 year-cliff,

    601.3M

    0%

    --

    OP 9.74 M

    OP 591.55 M

    Feb 9, 2023

    Feb 9, 2023

    --

    --

    30.00M

    0%

    --

    OP 30 M

    OP 3000

    Mar 20, 2023

    Sep 18, 2023

    --

    --

    231.7M

    0%

    2M

    OP 55.04 M

    OP 176.62 M

    Jul 8, 2022

    May 8, 2023

    --

    2 months-cliff,then 2.16% months for 10 months

    214.7M

    100%

    --

    OP 214.75 M

    --

    May 31, 2022

    May 31, 2022

    --

    100.0% TGE,

    828M

    0%

    --

    --

    --

    --

    --

    377.5M

    0%

    --

    --

    --

    --

    --

    231.7M

    0%

    --

    --

    --

    --

    --

    231.7M

    0%

    --

    --

    --

    --

    --

    Total
    Token Allocation
    Next Unlock
    Summary
    Total
    OP 214.7M

    OP 1.006B

    OP 1.618B

    23.42% of Supply

    37.67% of Supply

    Optimism Analysis

    Date
    Market Cap
    Volume
    Open
    Close
    2024-03-19
    $3.26 B
    41154.31 OP
    $3.24
    N/A
    2024-03-18
    $3.51 B
    69600.6 OP
    $3.49
    $3.24
    2024-03-17
    $3.58 B
    366.38 M OP
    $3.55
    $3.49
    2024-03-16
    $3.84 B
    509.1 M OP
    $3.82
    $3.55
    2024-03-15
    $4.03 B
    452.06 M OP
    $4
    $3.82
    2024-03-14
    $4.39 B
    36303.15 OP
    $4.36
    $4
    2024-03-13
    $4.41 B
    562.89 M OP
    $4.38
    $4.36
    2024-03-12
    $4.68 B
    504.84 M OP
    $4.65
    $4.38