- Optimism (OP) surged after Binance introduced improve and onerous fork help
Optimism (OP) worth rose by greater than 5% on Dec. 27, breaking to intraday highs of $1.89.
The good points for the native token of the layer-2 blockchain community got here because the group reacted to constructive information. Earlier within the day, Binance, the world’s largest crypto trade by quantity, introduced it will be supporting the upcoming community improve and onerous fork of Optimism.
Binance Will Assist the Optimism (OP) Community Improve & Arduous Fork
👉https://t.co/LtO3AKJmZm— Binance (@binance) December 27, 2024
Optimism’s community ugrade and onerous fork takes place on January 9, 2025 at 18:00 UTC.
“Beginning at roughly 2025-01-09 17:00 (UTC), Binance will droop the deposits and withdrawals of token(s) on the Optimism (OP) community to help its community improve and onerous fork to make sure the very best consumer expertise,” Binance wrote in an announcement.
OP protocol improve
Optimism’s community improve is a significant milestone for the venture because it targets key enhancements throughout consumer expertise, scalability and efficiency. The venture stated in an announcement that the protocol improve will drive interoperability and innovation within the OP ecosystem.
Binance’s discover of help boosts the general sentiment round Optimism. In accordance with the trade, customers ought to notice that regardless of the modifications and halting of deposits and withdrawals, OP buying and selling on the community will stay unaffected.
As Binance notes, the trade will deal with all technical necessities for the onerous fork for its customers. The platform additionally plans to reopen deposits and withdrawals as quickly because the community turns into steady.
OP worth reached its all-time excessive of $4.84 in March 2024, which suggests the present worth is about 61% off that peak.Nevertheless, upside momentum has seen OP token’s worth soar 15% previously week.
