• Optimism hits an ATH of $4.53, marking a significant milestone in its price rally.
• All OP holders are now in profit, with 100% of addresses showing profitability.
• Optimism not only thrives as a Layer-2 protocol on Ethereum but also contributes to the boom in the crypto market.

The surge in the cryptocurrency market has propelled Optimism (OP) to unprecedented heights, hitting an All-Time High (ATH) of $4.53. This remarkable milestone comes as a result of the ongoing bull rally, with all OP holders now enjoying profitable returns on their investments.

While the spotlight often shines on memecoins during such rallies, Ethereum Layer-2 solutions are proving their worth. Optimism, in particular, has seen a remarkable ascent, soaring from a low of $1.06 over the past year to its current ATH.

As OP breaches new price territory, the future trajectory becomes increasingly uncertain. However, this surge has propelled Optimism into the elite ranks of cryptocurrencies experiencing 100% profitability, joining the likes of Bitcoin (BTC), Mantle (MNT), and Starknet (STRK).

The rise in profitability is evident in the increasing number of addresses entering the profit zone. According to data from IntoTheBlock (ITB), all 1.06 million OP addresses are now in profit, with the latest batch of holders acquiring OP between $3.95 and $4.01.

Optimism’s success extends beyond price appreciation. As an Ethereum-based Layer-2 protocol, powered by Optimistic Rollups technology, it has become a cornerstone in the crypto ecosystem. Its robust infrastructure has facilitated the development of high-performance protocols like Base, backed by Coinbase.

In tandem with its price surge, OP’s market capitalization has also seen a significant uptick, reaching $4,376,871,386. Trading volume has surged by 173.11%, underscoring the growing interest and activity surrounding Optimism in the crypto market.

Read also:

• Reap Leverages Fireblocks to Enable Crypto Repayments with the Reap Card
• Optimism (OP) Price surge by 2.91% as Bullish Sentiment Persists
• Optimism Announces the Private Sale of 116 Million OP Tokens
• $250K Raised on Algotech Presale Puts the New Token Ahead of Altcoins Like SEI and Optimism (OP)
• 3 Cheaper Alternatives to Solana You Can Buy Today With Just $200

The post Optimism Rockets to All-Time High: Holders Reap Profits! appeared first on Crypto News Land.

Earn more CFN tokens by sharing this post. Copy and paste the URL below and share to friends, when they click and visit Parrot Coin website you earn: https://cryptoforum.news0

CFN Comment Policy

Your comments MUST BE constructive with vivid and clear suggestion relating to the post.

Your comments MUST NOT be less than 5 words.

Do NOT in any way copy/duplicate or transmit another members comment and paste to earn. Members who indulge themselves copying and duplicating comments, their earnings would be wiped out totally as a warning and Account deactivated if the user continue the act.

Parrot Coin does not pay for exclamatory comments Such as hahaha, nice one, wow, congrats, lmao, lol, etc are strictly forbidden and disallowed. Kindly adhere to this rule.

Constructive REPLY to comments is allowed