2 years ago
Optimism (OP) jumped 22% to a section apical of $3.095 astatine the clip of property – marking a 15-day high.
Profit-taking has since formed a comparatively agelong apical wick connected the regular candle. Nonetheless, year-to-date gains astatine the existent terms travel successful astatine 218% – importantly greater than the 45% gains seen from marketplace person Bitcoin.
OP was trading astatine a YTD precocious of $3.28 connected Feb. 3. A consequent rejection, this clip astatine the marginally little terms of $3.209, connected Feb. 8, highlighted the people country for bulls to overcome.
Source: OPUSDT connected TradingView.comCoinbase x Optimism
On Feb. 23, crypto speech Coinbase announced launching an Ethereum furniture 2 called Base, moving connected the Optimism chain.
“Base is an Ethereum L2 that offers a secure, low-cost, developer-friendly mode for anyone, anywhere, to physique decentralized apps.”
Earlier, the speech teased an announcement with a bluish ellipse and the substance “2.23.23,” driving Crypto Twitter into a speculation frenzy.
Adam Cochran posted a tongue-in-cheek remark astir an airdropped Coinbase token intended to prevention the marketplace from its existent lull.
“If determination ends up being a Coinbase token, that airdrops to users, that saves the market, we’re pooling a information of it and creating a elephantine bronze statute of Armstrong, with an other shiny bald head, and sending it to their office.“
However, it wasn’t until Thursday lunchtime (GMT) that Coinbase revealed its Base furniture 2 solution. The steadfast said Base does not incorporated a token and volition usage Ethereum arsenic the autochthonal state token instead.
Commenting connected the news, Optimism said Base runs connected its OP Stack architecture – described arsenic a modular, unfastened root codification that is highly scalable and interoperable. Optimism stands to cod a proportionality of the Base transactions fees.
In addition, connected boarding Base is different measurement towards the “Superchain” vision, Optimism said.
“In the agelong term, the Superchain tin blossom into a sprawling web which maximizes interoperability, shares decentralized protocols, and standardizes its halfway primitives–all portion backing the nationalist goods which alteration it.“
The station Optimism jumps 22% pursuing Coinbase ‘Base’ furniture 2 announcement appeared archetypal connected CryptoSlate.
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