🚀 "Optimism (OP) Surges Near $0.79 as L2 Governance & Public-Goods Momentum Builds"
🔹 Quick Stats (August 2025)
Price: ~$0.79 (↑ ~7–9% 24h)
Market Cap: ~$1.38B (circulating ~1.75B OP of 4.29B max)
Supply: ~1.75B circulating / 4.29B max
Volume: ~$300M (24h)
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🔧 What Is OP?
OP is the native governance and utility token for Optimism, an Ethereum Layer 2 scaling solution using optimistic rollups. It powers network governance via the Optimism Collective and funds public goods through Retroactive Public Goods Funding.
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📈 Highlights
Price spiked ~8% within hours after the Upbit listing, and up ~13% over the week
Benefited broadly from recent Layer-2 rally, underpinned by SEC clarity on liquid staking
Its protocol design channels sequencing revenues to fund public goods, boosting ecosystem resilience and governance alignment
> Disclaimer: For educational use only—not financial advice.