How Optimism thrives amidst poor market conditions

📆 22/8/2023 10:39 pm
📰 CryptoAmb

⏱ Reading Time:
23 sec. here
2 min. at publisher
📊 Quality Score:
News: 13%
Publisher: 68%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Write Comment

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

How Ethereum scaling solutions continue to grow despite market volatilityThe transactions processed between Ethereum and the major L2s hit their second-highest level in the last week.
Source: CryptoAmb - 🏆 22. / 68 Read more »