The article is exclusively published by Binance original author "Chuan Shuo Crypto". This article may not be published on other platforms without authorization. Violators will be held accountable!

ON

1. Market analysis

 

  1. Op should have started paying attention to it since mid-July, and the rebound trend is similar to the previous bull market;

  2. However, it does not prove that Op can start a bull market against the market trend, but it is enough to make people pay attention to him;

  3. The short-term resistance is around 1.88.

  4. 2. The status and development of Op in L2

 

 

  1. 2.1. Optimism is one of Ethereum’s biggest scaling solutions. OP coin is its native governance token and also the first rollup token.

  2. Optimism’s OP token is one of the best performing cryptocurrencies in early 2023, with a 227% gain, up 135% relative to Ethereum. Optimism now has a fully circulated market capitalization of $13 billion, comparable to Solana.

  3. 2.2. Optimism (OP) is Ethereum’s Layer 2 scaling solution, which aims to reduce the load on the Ethereum network and is designed to be equivalent to the Optimism Rollup chain of the Ethereum Virtual Machine (EVM).

  4. The main feature of Optimism is to make transactions on Ethereum applications very cheap. By moving transactions from one blockchain to another, the mining fee is greatly reduced and the throughput is increased. At the same time, it provides Ethereum developers with the opportunity to use all the tools available on Ethereum without making changes.

ARB

1. Market analysis

 

  1. Arb was followed at the same time as Op, but this time it failed to withstand the decline like Op, and fell a lot;

  2. The uptrends all broke, but like Op, Arb has the strongest support around 1;

  3. Because there is no absolute low point, if Arb wants to accumulate funds, it can only reasonably buy around 1.1-1.

2. The status and development of Arb in L2

 

 

  • 2.1. Artibrum, referred to as Arb, is a second-layer blockchain network based on Ethereum and belongs to the Larey2 sector. The development team is the well-known Offchain Labs. The expansion method it adopts is Optimistic Rollup, which is consistent with the expansion solution adopted by Optimisim.

  • ​  Arbitrum is an L2 scalability solution developed by Offchain Labs: Optimistic Rollup with a multi-round interactive challenge protocol.

  • The flagship Arbitrum chain was opened to developers on May 28. Once the number of projects running on this chain reaches a threshold, it will be opened to users.

  • From the user's perspective, the interactive experience of the Arbitrum chain is no different from that of Ethereum. It is worth noting that the Artibrum chain inherits the security level of Ethereum. It is not only fully compatible with Ethereum, but also has faster transaction speeds and cheaper gas fees. It can be said that Arbitrum solves the problem of Ethereum's low TPS.

In general, the gap between Op and Arb is not that big; both are affected by the development of L2 chain; I may be more optimistic about Op in the future. Of course, it will take time to prove it!

Thank you for reading, watching and liking. If you think the article is good, you can follow it. We will continue to publish high-quality analysis and projects #arb #OP