There has also been a similar increase in the number of new users. According to data by a Dune Analytics dashboard that tracks daily Optimism users, the network had around 4,500 users on July 12, which surged to over 30,000 on October 5.
Optimism has seen a more than 500% increase in daily users, which is determined by calculating the number of unique addresses that interact with the network, since early July. The blockchain has also seen an uptick in the number of its new users and transactions. The L2’s daily active users (DAU) have surged to around 30,000 in October from August’s low of 4,500, representing a growth of more than 500%. Popular Ethereum layer-2 scaling solution Optimism has seen massive growth over the past three months. Please consult our website policy prior to making financial decisions. We do not accept compensation in any form for analyzing or reporting on any ICO, IEO, cryptocurrency, currency, tokenized sales, securities, or commodities.Neither the author, Ruholamin Haqshanas, nor this website, The Tokenist, provide financial advice.
#Optimism token professional
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#Optimism token update
We may, but are not obligated to, update any outdated, incomplete, or inaccurate information. Some or all of the information on this website may become outdated, or it may be or become incomplete or inaccurate. The information on this website is subject to change without notice. We do not give personalized investment advice or other financial advice. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website. The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. Whether the tokens will be airdropped to early users or distributed through some other means is still unclear.ĭisclosure: At the time of writing this piece, the author owned ETH and several other cryptocurrencies. While an Optimism token is not yet confirmed, current signs indicate an imminent launch. Optimism currently hosts $590 million in total value locked across its DeFi protocols, according to data from L2BEAT. The network offers users vastly reduced gas fees while preserving much of Ethereum mainnet’s security. Optimism is one of several Optimistic Rollups working to scale Ethereum. “Is the Optimism token launch upon us?” he wrote. Shortly after Tree of Life’s post, the crypto personality and UpOnly podcast co-host Cobie also posted screenshots of Coinbase’s Optimism token page. While it’s unknown why an Optimism token page is already live on Coinbase, it’s possible the exchange created the page early as it did for the March launch of Bored Ape Yacht Club’s ApeCoin. The Twitter user Tree of Alpha pointed out a page that appears to show an Optimism token on the exchange’s website, although it does not yet appear in search results. However, many Optimism users are instead hoping for a token airdrop to early users, similar to how the Ethereum Name Service distributed its governance token to those who had purchased ENS names before the token launch.Īdditional evidence for an upcoming Optimism token has surfaced via Coinbase. In the case of Optimism, it could potentially distribute tokens to users of the network’s DeFi protocols, as Polygon did during its liquidity mining program in early 2021. Popular methods include distributing tokens through liquidity farming initiatives, selling them in initial DEX offerings, or airdropping them to early users. DeFi projects frequently issue tokens to adopt governance structures. Moving toward community ownership and governance is a popular move for Web3 networks and protocols. “We’re nearing the end of a chapter and the beginning of the next-one driven by community ownership and governance,” the post read, implying that Optimism is gearing up to decentralize through launching an Optimism token.
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