Several crypto assets post gains in the last few weeks, and OP, the native token of Optimism, the Layer-2 scaling solution, leads with a 94.92% spike in price in the last seven days. Apart from the price rally, the protocol also saw significant ecosystem updates during the week. For example, the L2 protocol launched its […]
, the price of the OP token rallied by over 95% in the last seven days. Seven days ago, the token’s price was $0.89. Exchanging hands atIn the period under review, the token’s trading volume saw steady growth. At 799.85 million at press time, OP registered a 67% growth in its trading volume in the last seven days. Within the same period, the token’s market capitalization grew from $177.93 million to $389.61 million.On a 24-hour chart, an 8.39% price uptick was logged.
With the highs marked by these key indicators, the token’s 7-day rally might be nearing its end, as a bearish retracement typically follows such highs.
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