Journalist
Posted:
- Optimism now has the very best variety of L2 lively addresses.
- OP’s TVL remained the second-largest amongst L2s.
Optimism [OP] confronted powerful competitors from one other L2 community in numerous key metrics not too long ago. Nonetheless, it has efficiently rebounded and reclaimed its place previously few weeks.
Optimism sees report lively addresses
Knowledge from IntoTheBlock confirmed that Optimism has regained its place because the main L2 community when it comes to lively addresses. Initially challenged by Base, which skilled a surge in lively customers upon its launch, Optimism has bounced again considerably.
Evaluation of the lively addresses metric for Optimism on DefiLlama confirmed two notable spikes in November. The primary, recorded on the sixteenth of November, was over 170,000 lively addresses, whereas the second, on seventeenth November, was over 186,000.
These figures symbolize the very best day by day numbers in Optimism’s historical past. As of this writing, the lively addresses for Optimism have been over 72,000.
In distinction, Base’s lively deal with chart confirmed a latest decline. After reaching a big variety of lively addresses, it has skilled a cooldown. At present, Base has over 57,000 lively addresses.
How Optimism’s TVL examine
An evaluation of the Whole Worth Locked (TVL) for Optimism and Base confirmed the unchallenged dominance of the previous. In accordance with L2 Beats knowledge, each platforms have witnessed progress of their TVLs inside the final 24 hours.
Optimism’s TVL elevated by over 11%, reaching round $4.5 billion as of this writing. This translated to a big market share of over 28%, making Optimism the second-largest participant within the L2 TVL market.
In distinction, Base skilled a slight progress of round 1%, leading to a TVL of round $628 million. Whereas Base’s market share was round 4%, positioning it because the third-largest participant, Optimism maintained a considerable lead.
Notably, the evaluation of TVL revealed the distinction in traits past the similarities in lively deal with progress.
OP traits upward once more
Analyzing the value development of OP confirmed an fascinating sample in latest days. Following a protracted interval of consecutive worth declines, it has reversed course and confirmed an upward development.
How a lot are 1,10,100 OPs price at the moment
As of this, it was buying and selling at round $2.1, reflecting a rise of over 4%. Notably, a big spike of over 26% occurred on the seventh of December, propelling it past the 60 mark on the Relative Energy Index (RSI).
As of this writing, the RSI continued to register above 60, indicating that OP was nonetheless in a powerful bullish development.
Supply: TradingView
