If you are active in the crypto market as a trader or investor, you may have already heard of Optimism crypto. Optimism crypto is a layer 2 solution for the Ethereum blockchain. This solution is easy to use, very fast and has a low cost. For these reasons, among others, Optimism is a good solution to some of the problems that occur in the current crypto market.

Optimism is especially popular among developers in the crypto market because the layer 2 solution is built to meet the practical demands and wishes of developers in the market. The layer 2 solution adheres to four core values: simple, pragmatic, sustainable and optimistic.

In this article we are going to talk about Optimism. We will discuss the use case of this crypto and the way the crypto is built for developers and to solve various problems from the crypto world. We also look at the Optimism crypto forecast, the OP price and we discuss the latest Optimism news in this article. What will the Optimism course do?

What is Optimism?

Optimism is a layer 2 solution that works on the blockchain of the well-known Ethereum network. The layer 2 solution supports building various applications on the Ethereum blockchain. If we look at the goals of Optimism, we see that the solution is essentially built for three purposes.

The first goal of Optimism is related to the holders of the OP coins. The layer 2 solution offers a reward to holders of the OP coin when these holders are committed to the development of the network.

In addition, token holders also receive a reward if there is a productive re-deployment of sequencer revenue. Sequencer revenue is revenue earned by choosing the right timing around selling and buying the OP coin.

In addition, you can also earn OP coins by using continuous airdrops as a user or member of the layer 2 solution and by using project incentives. Project incentives are investments and improvements that come about through a collective investment of a group rather than an investment of a single person.

What does the Optimism rate do?

If we look between the future initial coin offerings, we see that Optimism is mentioned in between. We see that no target has been set yet regarding the amount of coins Optimism wants to sell. We see that the token sale ends in 72 days and it is not yet known what the OP price will be during the token sale. The current rate of OP is $ 1.42.

If we look back at previous data from the price of Optimism, we see that the first price data is from May 31, 2022. The price of Optimism shows a lot of volatility. The OP value initially fell sharply after listing on the stock exchange, but the OP price has also shown significant increases.

The Optimism all time high is currently at $ 2.21. This OP value reached the price on August 4, 2022. This means that it has been 37 days since the price of Optimism has reached its highest point so far. Currently, the Optimism project on the crypto market has a market cap of $ 305,717,267. With this market cap, Optimism is in place 140 in the list of largest cryptocurrencies.

As a trader or investor in Optimism it is important that you keep an eye on the development of the price of the OP coin. This way you can take full advantage of the volatility of the price. Also, by keeping an eye on the price, you are the first to know about changes in the price of OP. You can keep an eye on the price with the Optimism price chart below.

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What is the Optimism forecast for 2022 – 2027?

In this article we have already discussed the use case of Optimism and looked at various benefits that the layer 2 solution of Optimism offers to traders, investors and developers in the crypto market. If Optimism can continue to meet the questions and requirements of this target group, the project can grow considerably in the coming years.

If we look at the Optimism price forecast for 2022, it is difficult to make a statement about this in the short term. This is because there are many factors that can influence the price of Optimism. In addition, as mentioned earlier, the price of Optimism also has periods of volatility that are difficult to predict in the short term.

However, if we look at the Optimism forecast for 2027, we can say a little more. If the project manages to grow with the market and offer multiple solutions to the current problems that the Ethereum blockchain is experiencing, then it could be interesting to invest in the Optimism project for the next five years.

No one can make an Optimism forecast that guarantees outcome. What we can say with certainty is that a significant price increase is not uncommon in the price of Optimism. We can say this because the price rose by a whopping 99.36% in late May 2022 and early June 2022!

No one can make an Optimism price prediction with certainty. That is why it is important to do your own research into the development of the network and the course of the course, instead of just believing messages from influencers and experts.

Historical Price for Optimism

Date Open Close High Low Volume

What is the use of the OP coin?

As mentioned earlier in this article, you can earn the OP coin in different ways when you are committed to the development of the Optimism network. In addition, you can also use the coin for transactions on the network and, for example, building applications on the layer 2 solution.

If you want to start trading in Optimism, it is important to keep an eye on the scarcity of the currency. You can check the scarcity of the coin by comparing the current supply (214,748,365 VP) with the maximum supply (4,294,967,296 VP).

In addition to the scarcity, it is also important to keep an eye on the price difference of the exchange rate. For example, you can look at the price difference over the past 24 hours (22.95%) or the price difference over the past 7 days (20.13%).

Huidige supply 214,748,365 OP Maximale supply 4,294,967,296 OP
% difference 24h 22.95% % difference 7D 20.13%

Where to buy Optimism?

Optimism’s OP coin can be bought on various online exchanges such as Bitvavo. Bitvavo is a very reliable exchange that is already used by millions of crypto traders worldwide. Bitvavo’s platform is easy to use for both experienced and novice traders.

Do you want to start trading or investing in Optimism via Bitvavo? Create a free account on Bitvavo below and get started!

Exchange Description Rating
Bitvavo (Our recommendation!☝️) The best choice in NL. The lowest trading costs & easy to use. Receive a welcome bonus with your registration! 4,2/5 Visit exchange
eToro Largest social trading platform in the world. Trade with experts effortlessly and take advantage of their profits! 4,2/5 Visit exchange
Binance The largest exchange in the world, large assortment and many extras such as staking & ICOs 2/5 Visit exchange

The latest Optimism news

In this article, various factors have been discussed that influence the Optimism price, such as the Optimism forecast, the use-case and specific properties of the crypto. Finally, the latest Optimism news is also important.

By keeping an eye on the latest Optimism news today, you will be the first to know about the latest developments of Optimism and new collaborations that the crypto network enters into. The official Twitter account is a good source of information for the Optimism news.