What benefit does it have for OP to complete Bedrock’s update?
First, the update brings new changes to the network by lowering network fees and eliminating all gas costs associated with EVM execution when submitting data to L1
In addition, L1 reorganization function has been added to the node software, which also greatly reduces the time users wait for deposits, in addition to improving node performance, taking all factors into account
However, we can see that OP’s price is declining every day and every week. With the release of new updates, it did not meet many people’s expectations. The price of OP fell 8% in 24 hours, but the transaction volume continued to increase. The first The impact is the SEC event, the second impact is OP unlocking, unlocking increases the circulating supply
However, many people have not noticed that whales have declined significantly towards OP. Another factor is OP’s network growth, which has been declining. The next unlock will be on June 30. Please pay attention to the fluctuation. I will continue to pay attention to the dynamics #op