OP – DIGIT INFO

Despite The Decent Market Bearish Drag, 80% Of $OP Holders Remain In Profit

The beginning of this week witnessed a decline in the overall cryptocurrency market capitalization, impacting various digital assets, including OP, the native coin of the Ethereum-based layer-2 Optimistic Rollup network. Amid the broader market downturn, $OP experienced weekly losses exceeding 17%. Despite this, a significant portion of token holders demonstrated resilience, maintaining profitable positions. $OP has been on a notable uptrend recently, driven by the robust and widely adopted Optimism’s OP Stack technology. Numerous Layer2 projects have embraced this technology, with many already live on its mainnet, testnet, and several awaiting deployment. Despite Recent General Market Dip, 80% Of OP

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Optimism Propels Crypto Public Goods Funding With Third RetroPGF Round

Optimism, a community-owned ecosystem, aims to address coordination failures and reshape value distribution by rewarding positive impact through participation, collaboration, and collective ownership—areas where traditional systems often fall short. In a significant move, Optimism recently unveiled the third round of its RetroPGF incentive program, allocating 30 million OP tokens (equivalent to 116 million USD) to 501 projects contributing to the ecosystem. This diverse group includes builders, writers, creators, and educators from across the Optimism community. Notably, RetroPGF stands out as the largest public goods funding experiment in the crypto space, underlining Optimism’s commitment to fostering positive contributions. BOOM! @Optimism’s RPGF3

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$BNB Takes the Lead In New Addresses Across Popular Blockchains

Following a significant surge in recent weeks, investors are optimistic about the continued bullish momentum of Binance Coin (BNB). Reports from coin98 analytics indicate that the BNB chain stands out, boasting the highest number of total addresses created among popular blockchains, reaching 413 million with an impressive growth rate of 74%. Polygon’s native cryptocurrency, MATIC, has also experienced a notable breakout above $1 during the current upward movement in prices. Notably, with a market valuation of $9.61 billion and a price of $1.006, MATIC has seen a 2% increase at the time of this report. Total unique addresses on popular

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A16z’s hyped-up orange balls revealed to be an L2 rollup client

An earlier series of tweets sharing images of orange balls were the precursor to the announcement of a client for layer-2 solution Optimism.

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ARB Token Airdrop: Anticipation Spurs IOU Markets for Arbitrum’s Native Cryptocurrency Asset

A week ago, the Ethereum layer two scaling solution Arbitrum announced the launch of its native token called ARB, and since then IOU markets have launched giving some indication of how much the token may be worth. ARB claiming begins March 23 and when people get their coins on exchanges, the token’s value may turn […]

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Arbitrum Launches Native Governance Token ARB and Self-Executing DAO Governance Model

The Ethereum layer two (L2) scaling solution Arbitrum has launched a native governance token named ARB and a self-executing decentralized autonomous organization (DAO) governance model. The ARB token will have an initial supply of 10 billion, and coins will be airdropped to the Arbitrum DAO treasury, Offchain Labs (the company behind Arbitrum), Offchain Labs investors, […]

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2023’s Crypto Gainers: Decentraland’s MANA Token Outperforms Bitcoin With 88% Increase in One Week

The cryptocurrency economy is doing well during the third week of the new year, compared to the end of 2022. It is currently valued at $993.17 billion, as many digital assets have seen double-digit gains during the last two weeks. While some of the top ten cryptocurrencies, like bitcoin and ethereum, are performing well, a […]

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Vitalik shows support for Optimism’s governance structure and OP gas proposal

The Ethereum co-founder has often advocated for projects to move away from coin voting in DeFi and DeGov, as it will enable smaller holders a chance to truly participate in governance.

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L2 Scaling Startup Optimism Reveals Governance Collective, Native Token, and ‘Many Airdrops’

The layer two (L2) Ethereum scaling project Optimism has announced the launch of Optimism Collective, “a large-scale experiment in digital democratic governance” managed by the newly created Optimism Foundation. In addition to the governance collective, the plan is to launch a token called “OP” that aims to “govern protocol upgrades and project incentives.” Ethereum Scaling […]

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