How Optimism thrives amidst poor market conditions

📆 22/08/2023 15:39:00
📰 CryptoAmb

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Despite market decline, Optimism's active addresses surged showcasing strong engagement and ecosystem utilization.

Optimism’s resilience shined amidst the market downturn with increased active addresses and protocol health improvements.

In the midst of a broader downturn in the cryptocurrency market, triggered by a decline in Bitcoin’s price, The significance of this spike in active addresses can’t be overstated. A higher number of active addresses points to increased usage and engagement with the token. This is particularly important for a layer 2 solution like Optimism, as it highlights not only interest in holding the token but also in utilizing it within the ecosystem.

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