Optimism successfully migrated its Goerli Testnet to Bedrock on 13 January The network witnessed a growth in user activity in the last month. Following an initial announcement in December 2022, leading layer 2 network Optimism [OP] completed the migration of its Goerli Testnet to Bedrock on 13 January. We have completed the successful upgrade of … Read more
Optimism’s TVL and revenue declined, though the gas fees used on the platform increased. The velocity and network growth of Optimism plummeted. According to a tweet on 1 January, it was observed that Arbitrum managed to out-compete other L2s, such as Polygon and Optimism in terms of TVL. However, Optimism still managed to dominate the … Read more
Optimism’s OP was not left behind as the rest of the market registered double-digit price upticks over the past week. In fact, according to CoinMarketCap, the price of the Layer 2 (L2) token rallied by 16% over the last seven days. Designed as an optimistic rollup network to enhance the scalability of the Ethereum Chain, … Read more
