$OP Optimism (OP) is gaining popularity due to integrations such as the Wyoming state stablecoin and is poised for potential growth in the anticipated September altcoin season.
• Technical indicators show a short-term bullish momentum for OP: MACD and RSI signal strength; however, the price remains below the long-term resistance level.
• Key issues include a recent 10.53% decline in developer activity and low market concentration, indicating limited accumulation by large holders.