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Optimism (OP) Price Prediction 2023, 2025, 2030
2023/06/09By: L, Laura
Can Optimism reach $10? Is Optimism a good investment? If you learn about this blockchain project, you can get the solutions to all of these questions. We will explain the definition of Optimism crypto in this piece, along with the latest Optimism price prediction for 2023, 2025, and 2030.
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Before diving into the Optimism crypto price prediction and discussing numbers that might get you bored for no reason at all, let’s have a look at the basic introduction of this currency.
Optimism (OP) Overview
Cryptocurrency | Optimism |
Ticker Symbol | OP |
Rank | 47 |
Price | $1.38 |
Price Change 24H | +0.69% |
Market Cap | $887,261,572 |
Circulating Supply | 644,594,782 OP |
Trading Volume | $116,391,700 |
All Time High | $4.57 |
All Time Low | $0.4005 |
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What is Optimism Crypto?
Optimism is one of many layer-2 scaling solutions out there: Platforms that are designed to make it quicker and cheaper to work on the blockchain by, in effect, creating an extra layer to the chain where transactions can be processed. It was first proposed in 2019, by its founders Jinglan Wang, Ben Jones, Karl Floersch and Kevin Ho, with its mainnet opening in 2021.
As its whitepaper states:
“Optimism is built according to a strong design philosophy that stands on four main pillars: Simplicity, pragmatism, sustainability and, of course, optimism. It’s important to understand these pillars as they heavily influence the design of Optimism as a whole.”
It was built by Ethereum (ETH) developers and is intended to be a minimal extension to Ethereum apps. In addition, the platform helps make Ethereum transactions faster and cheaper.
In short, the idea behind Optimism is that it should be upbeat, last for a long time, be easy to work with, and do what it needs to do in a practical manner.
Optimism’s native token is also called optimism (OP) and it helps fund third-party development proposals and integrations on the Optimism platform, via the Optimism Collective decentralised autonomous organisation (DAO). People who hold OP can also take part in votes on the future of the network.
It is worth noting that, while you may see references to things like an “optimism coin price prediction”, such terms are not strictly accurate because OP is based on Ethereum, which makes it a token rather than a coin.
While the concept has been around since 2019, it was only on 31 May 2022 that the first optimism airdrop took place, taking the OP turning its concept into something that existed in the real world, or at least the real crypto world.
Latest Optimism News
- OP Labs is introducing OP Stack Mods, modifications or improvements to the OP Stack created by members of the Optimism and Ethereum communities, for community feedback.
- One of OP Stack Mod is being developed by Celestia Labs, which aims to modularize the data availability layer of the stack, providing flexibility in hosting chain data on different platforms while leveraging Ethereum for consensus and ordering.
- Optimism introduces “Foundation Missions,” a request for proposals (RFP) process to build core infrastructure for the Optimism Collective.
- Season 4 of Optimism Governance focuses on projects related to governance accessibility, technical decentralization, protocol research, and application development.
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Current Optimism Price
At the time of writing, Optimism (OP) is trading at $1.38 with a market capitalization of $887,261,572, ranking #47 amongst all cryptocurrencies by that metric. In the past 24 hours, the OP coin price has increased by 0.69% with a trading volume of $116,391,700.
Now let’s move on to the Optimism price prediction for 2023 and beyond.
Optimism (OP) Price Prediction 2023, 2025, 2030
Below pulls together our Optimism crypto price prediction for 2023, 2025 and 2030, ensuring you have a rough idea of the coin’s future value potential:
YEAR | MINIMUM PRICE | MAXIMUM PRICE |
2023 | $1.58 | $2.07 |
2025 | $4.24 | $5.28 |
2030 | $11.09 | $12.03 |
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Optimism Price Prediction 2023
If the platform welcomes a thriving userbase and a spike in the rate of adoptions and collaborations, Optimism might see impressive growth throughout 2023.
As per our Optimism price prediction 2023, Optimism coin is expected to reach a possible high of $2.07 by the end of 2023. On the flip side, if it fails to commit to its expectations, the Optimism price might slip down to $1.58, with an average price of $1.69.
Optimism Price Prediction 2025
Optimism looks well-positioned to reach its full potential in the coming years. If the project manages to attract investors and whalestats with its developmental and community-building initiatives, Optimism coin price might experience a significant increase in 2025.
Our Optimism price prediction 2025 forecasts that at the very highest, Optimism price may reach $5.28 by 2025. The minimum price could be $4.24, with an average price of $4.51.
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Optimism Price Prediction 2030
The Optimism ecosystem is actively growing with new users and partnerships and will remain viable in the long term. Our Optimism price prediction 2030 forecasts that Optimism coin is expected to trade between $11.09 and $12.03 in 2030.
Here, it’s worth pointing out that 2030 is still a long way away. 7 years down the line, the crypto market could be affected by a host of different events and updates, each of which is difficult to ascertain. Ergo, it’s best that predictions like these are taken with a pinch of salt.
Is Optimism a Good Investment in 2023?
OP is one of the best layer 2 blockchain Ethereum solutions available in 2023.
Because we are nearly at the bottom, making an investment in Optimism (OP) now can be profitable. Optimism prices are expected to rise in the long run according to our analysis and price forecast.
However, please know the forecast figures are generated using our price prediction tool and in that matter, not a guarantee, that the actual price action will follow what we mentioned. Forecasts are not immune to changing circumstances and will be updated with new developments. Always do your own research and evaluate all necessary factors before making any investment.
FAQs
How high can Optimism go?
The average price of Optimism might go to $1.69 by the end of this year. If we estimate the five-year plan, it is estimated that the OP coin price will reach $8.54 in 2028.
Is Optimism crypto a good investment?
It is hard to say. The token has enjoyed something of a recovery in 2023 so far, so we will have to see what it can do to maintain that good performance. A lot will depend on how the crypto market behaves as a whole.
What will Optimism be worth in 2025?
Our Optimism price prediction 2025 suggests that Optimism coin will be trading between $4.24 and $5.28 in 2025.
Where can I buy Optimism (OP)?
Notable options for purchasing OP coin include Binance, BTCC and Coinbase. Among these, BTCC is one of the best exchanges as it witnesses a large trading volume of OP. Compared to another two big exchanges, BTCC has no regulatory concerns and is available in U.S., Canada and many other countries in Europe. Furthermore, BTCC exchange is highly recommended due to its favourable attributes such as extremely low fees, user-friendly interface, excellent customer support, and robust security measures with no reported hacks or security breaches to date.
In order to trade OP/USDT on BTCC, you need to first register an account. And you need to have some USDT in your crypto wallet, or you can directly buy it on BTCC. Once you have USDT, you can trade OPUSDT Perpetual Contracts on BTCC with a leverage up to 50x. The transaction is safe, cheap, and fast with VERY easy steps.
What are BTCC’s specs?
Sometimes, users feel more comfortable working with an exchange if they know that the exchange has a footprint in the industry. With 12 years of stable and secure operating history, BTCC is one of the top cryptocurrency derivatives exchanges in CoinMarketCap, which boasts a wide selection of 60+ cryptocurrencies and millions of registered users, offering services in 100+ countries.
BTCC charges 0.06% for both takers and makers, which are way below the industry average. According to the largest and most recent empirical study on crypto exchange trading fees, the average spot trading taker fee is 0.2294% and the maker fee is 0.1854%.
With high liquidity, low trading fees and fast transaction speed, BTCC allows users to open a trade immediately even when the crypto markets experience a sharp rise or plunge.
Apart from crypto trading, BTCC also supports tokenized futures service, allowing users to trade stocks and commodities futures (Gold/Silver) with USDT as the margin. The maximum leverage is up to 150x.
Trading on BTCC begins with registration and log in, which only takes 30 seconds. New customers can now sign up here to get a welcome bonus of 10 USDT, and complete the KYC verification to access all BTCC’s features and BTCC bonus. Once verified, you can start trading OP now.
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