Optimism （OP） has seen a decrease in user activity, yet its DeFi sector is experiencing growth, indicating a shift in network dynamics and investor focus.
Points
- Optimism （OP） experiences a decline in daily active addresses and transactions.
- Despite this, the DeFi sector on Optimism shows significant growth.
- The total value locked （TVL） in DeFi on Optimism has surged.
Leading Layer 2 network Optimism （OP） has witnessed a decline in user activity over the past few weeks. Data from Artemis reveals a 45% drop in the number of unique addresses involved in at least one transaction daily over the past 30 days. This decline in user count has also led to a 31% decrease in daily transactions.
Beincrypto
The reduced activity on Optimism has resulted in a significant drop in network fees and revenue. On July 17, Optimism’s network fees totaled $61,600, marking a 71% drop from the $208,000 in total fees recorded a month ago. Similarly, network revenue derived from these fees decreased by 65% during this period.
However, the broader market rally has positively impacted Optimism’s DeFi sector. At press time, the total value locked （TVL） in Optimism’s DeFi ecosystem has surged by 15% in the last week, reaching $766.55 million. This increase marks the highest TVL in over a month, suggesting robust growth in the DeFi sector despite the overall decline in user activity.
Beincrypto
Optimism’s price has been trading within a range, reflecting a period of consolidation. The token faces resistance at $1.88 and support at $1.84. A break above resistance could see OP trading above $1.91, while a drop below support could push its value towards $1.60.
解説
- User Activity Decline: The drop in daily active addresses and transactions indicates a decrease in user engagement on Optimism. This trend could be due to various factors, including market conditions or competition from other Layer 2 solutions.
- DeFi Growth: Despite the decline in user activity, the growth in the DeFi sector suggests a shift in investor focus. The increase in TVL indicates strong interest and investment in DeFi projects on Optimism, highlighting the sector’s resilience.
- Price Consolidation: The current price range of OP reflects a period of consolidation. Investors should watch for potential breakouts or breakdowns to identify future price movements. Monitoring key resistance and support levels can provide insights into market sentiment and trading opportunities.