Optimism （OP） has experienced a 12% price drop, but underlying metrics provide reasons for investors to remain hopeful.
Points
- 12% price drop in Optimism （OP）
- Strong on-chain growth and active addresses
- Upcoming chain-wide hackathon
- Retro Funding round with 8 million OP tokens
Optimism （OP） has faced bearish action, resulting in a 12% price drop since last week. Despite this downturn, there are several positive indicators that suggest investors should still have faith in Optimism. On-chain data from Nansen reveals that active addresses and transactions are increasing, indicating robust chain-wide usage.
Optimism’s growth as the “Superchain” on Ethereum is evident, with an upcoming chain-wide hackathon and a Retro Funding round that will reward projects with 8 million OP tokens. These events highlight the platform’s potential and the growing community support.
Although OP’s price has been under pressure, the strong support at $1.694 offers a stable platform for a potential upward move. However, its high correlation with Ethereum means that any significant market movements in Ethereum could impact OP.
解説
- Despite the recent price drop, Optimism’s on-chain activity remains strong, suggesting healthy underlying growth.
- The upcoming hackathon and Retro Funding round are likely to boost community engagement and development on the platform.
- Investors should watch for key support levels and market trends in Ethereum, as they could influence OP’s price movements.