OP Price Prediction | Optimism Price Predictions

OP price prediction

If you are confused about the potential of OP coin or searching for OP Price Predictions, the price forecast will help you. Our Optimism (OP) price forecast is based on deeper technical analysis and the past performance of the coin. Today, in our price, we will try analyzing the potential for the OP coin for the longer term.

The data gathered through the project’s website, Optimism or OP, is the lightning-fast layer-two blockchain and low-cost on top of Ethereum. Optimism will use the security of the mainnet of Ethereum and help to scale the ecosystem of Ethereum using the optimism rollups. These transactions are trustlessly recorded on Optimism as they are secured on Ethereum.

Optimism is considered one of the massive scaling solutions for Ethereum, with over $300 million in the TVL or Total Value Locked. The real used cases for the Optimism project would make the OP coin which is a promising project for the longer term. We have checked the CoinMarketCap, as Optimism gets listed in the premium exchanges such as Coinbase and Binance. The new listings and the response of the investors makes Optimism appear stronger.

Optimism Overview

OP price prediction
Coin NameOptimism
Coin SymbolOP
Official websiteOptimism.io
Launched year2019
NetworkOptimism
Exchange PlatformBinance, Gate, Kucoin, OKX, Huobi Global
WalletMetamask
Marketcap$ 532,955,518
24h Volume$ 351,618,545
Total Supply4,294,967,296

What is Optimism?

As it might sound, Optimism is designed to accelerate the scalability of Ethereum through the layer 2 blockchain solution. The primary goal is to create their network, offering speedy and affordable transactions without any delay or hiccups. They introduced an optimistic rollup in June 2019 and launched their main net in December 2021.

Optimism is an open-source, autonomous network that will not need a centralized governing body to fun and manages. The team behind Optimism has set up this project as a non-profit organization. Hence, revenue generated from the product sale goes back into expanding and advancing the company further.

Optimism will help keep things simple by using the codes based on Ethereum and the networks. The codes in Optimism are easier to understand, and access will allow all to interact easily with the existing database. 

The project will aim to be one of the best scaling solutions for Ethereum while hosting a massive number of transactions each day. The network will already have more than 35 protocols and is involved in multiple decentralized applications and exchanges.

Optimism Technical Analysis

  • A couple of days earlier, the price for OP bounced off the lower support making the distinctive upswing and breaking above the bullish pattern of the falling wedge.
  • The platform has experienced a significant increase in buying volume that has increased the price by more than 85% in the past seven days.
  • The price might continue to rise until it reaches the immediate resistance zones of $1.44 to $1.47.
  • Additionally, the token hovers around these zones for a while and decides the next course of action based on the volume generated, which can be overwhelmingly bullish.

Optimism on Chain Analysis 

The token’s volatility has dropped along with the steeper plunge in the price for Optimism (OP) price which had bottomed at $0.672 in the current past. But, there is a significant profit in the process where the volatility has risen from 0.68 to the recent level of around 1.09.

The holdings for the whale have increased significantly in the past few months. The addresses would hold around 10K to 10M OP tokens have surged as high, indicating the bulls that heavily accumulate this token.

Optimism Past Price Analysis

OP price prediction

As noted, the recent price of Optimism is $2.27, while the OP is ranking at #75 for the whole crypto ecosystem according to the latest gathered data. The whole circulation supply for OP is 234,748,364, with a market cap of $532,955,518.

The previous 24 hours have seen the crypto decreased by -5.03 in their recent values. If we would compare the recent market cap of OP with the past, we will find that the market cap is also down.

Since the past seven days, the OP has been in a great upward trend, with a rise of 34.98%. Optimism has shown a stronger potential as of late, becoming the best opportunity for digging in and investing.

But, since comparing the current price with the past price history of 30 days, it is observed that Optimism has increased its value by 57.671%. The average minimum price for the month is $0.93, while the maximum average price is around $0.96. It would imply that the coin is a well-suited asset and the latest addition to the profile for the coins in the long term.

The price changes for the 90 days are around 57.06% as the price circulated from the minimum average price of $0.83 to the maximum average price of $1.06 in the past nine days.

The last four months have seen an increase in Optimism. The trading volume of Optimism has grown over the previous four months, according to the most recent data gathered. 

The currency has increased in value by 61.64% over the previous four months, with its highest average price hovering around $0.95 and its lowest average price hovering around $0.89.

Optimism Coin Price Prediction | OP Price Prediction

OP price prediction
YearMinimum PriceAverage PriceMaximum Price
2023$3.98$4.29$5.13
2024$5.64$7.83$9.38
2025$11.89$13.67$15.84
2026$18.48$19.64$23.70
2027$25.28$28.36$31.48
2028$33.82$37.27$41.34
2029$42.69$48.18$52.13
2030$55.72$62.41$69.83
2031$45.03$46.71$56.10
2032$65.34$67.21$78.69
2040$156.23$178.12$185.23
2050$226.73$257.45$275.56

Optimism (OP) Coin Price Prediction 2023

The last four months have seen an increase in Optimism. The trading volume of Optimism has grown over the previous four months, according to the most recent data gathered. 

The currency has increased in value by 61.64% over the previous four months, with its highest average price hovering around $0.95 and its lowest average price hovering around $0.89.

OP Coin Price Prediction 2024

There is a good chance that Optimism will regain its position before the end of the month in 2024. By 2024, there is a good chance that Optimism’s price will have amounted to an average of $7.83.

If there is any bullish event, the price might close the year at a maximum of $9.38. The minimal price level of Optimism might be approximately $5.64 during a negative market run.

OP Coin Price Prediction 2025

According to our projection for the price of Optimism, this year’s prices might reach a new all-time high. Depending on the market trend, we may anticipate an average price of $13.67 by 2025. In 2025, we project that Optimism will cost a maximum of $15.84.

The least expensive level may be approximately $11.89. If the market turns positive, the price of Optimism in 2025 can increase more than expected.

Optimism (OP) Coin Price Prediction 2026

In 2026, it is expected that the cost of Optimism will be at least $18.48. With an average price of $19.64 during 2026, the optimistic price can go as high as $23.70.

The price of Optimism is anticipated to drop to $17.08 by December 2026. The price of the OP might go as high as $18.29, with an average projected price of $14.28.

Optimism (OP) Coin Price Prediction 2027

Our in-depth technical analysis of OP’s historical price data indicates that in 2027, Optimism will likely be at or at a minimum of $25.28. The price of Optimism may go as high as $31.48, with an average trading value of $28.36 in US dollars.

By the end of December 2027, Optimism’s (average) price might reach $27.79. Depending on the market conditions, OP may be trading at a price between $30.50 and $29.51.

Optimism (OP) Coin Price Prediction 2028

The projection and technical analysis predict that Optimism’s price will reach at least $33.82 in 2028. The OP price has an average value of $37.27 and a maximum price of $41.34.

According to the optimistic estimate, the OP might achieve a maximum value of $42.77 and a minimum price of around $39.09 in December 2028. In December, the average price for OP might be as high as $40.52.

OP Coin Price Prediction 2029

According to forecasts and technical analysis, the price of Optimism is expected to reach at least $42.69 in 2029. With an average trading price of $48.18, the OP price can go as high as $52.13.

The optimism prediction for December 2029 predicts that the OP might fluctuate between a low price of roughly $41.72 and a top value of $49.98. When discussing the typical pricing, OP can get to roughly $45.34 for December.

Optimism (OP) Coin Price Prediction 2030

Actual project-based digital assets may take over the market. The minimum price value of Optimism might be approximately $55.72, while the average price for the year 2030 can be $62.41. Many cryptocurrencies might reach new all-time highs this year in addition to Optimism.

The highest price is anticipated to trade at roughly $69.83. If a bull market rises in 2030, optimism prices may soar and exceed our forecast.

Optimism (OP) Coin Price Prediction 2031

In 2031, it is expected that the cost of Optimism would at least equal $45.03. With an average trading price of $46.71 during 2031, the optimistic price may go as high as $56.10.

In December 2031, it is expected that the cost of Optimism will be at least $45.03. With an average market value of $46.71 during 2031, the OP price may go as high as $56.10.

Optimism Coin Price Prediction 2032

In 2032, it is estimated that the cost of Optimism would be at least $65.34 per unit. With an average trading price of $67.21 throughout 2032, the optimistic price might go as high as $78.69.

Optimism is anticipated to range from $65.34 to $78.69 in December 2032, while the average price of OP for that month remains at $67.21.

Optimism Coin Price Prediction 2040

It has immense potential if you can maintain your Optimism over the long haul. According to our long-term Optimism price projection, this year might see a new ATH level for Optimism Coin pricing. We could anticipate an average price of $178.12 in 2040, depending on the market’s direction. In 2040, we expect Optimism to cost a maximum of $185.23.

If the market turns positive, optimism prices in 2040 can increase more than expected. In contrast, if the market turns negative, the minimum price level of Optimism might be as low as $156.23.

Optimism Coin Price Prediction 2050

According to our optimistic pricing forecast, 2050 might see an average price of $257.45, and Optimism may be purchased for as little as $226.73. After such a lengthy trip, several cryptocurrencies might reach their new all-time high this year coupled with Optimism.

Optimism is anticipated to trade at its highest price of roughly $275.56 in 2050. The price of Optimism in 2050 may be far higher than our price prediction if more investors get interested in Optimism in the years between these two.

Is Optimism Coin a good investment?

According to recent performance research, Optimism displays a risk-framing section. However, one of the Blockchain initiatives with a use case that is expanding the quickest is Optimism. Our pricing research suggests that a long-term investment in Optimism is a wise choice.

Although the price of Optimism appears to be rising, the price of Optimism and other cryptocurrencies might change at any time. Optimism might be a fantastic option if you are a savvy investor and enjoy taking risks. 

How to Buy OP coin on Binance?

If you are a Binance user then this piece of information will surely help you in knowing how to buy OP token on Binance. Just follow the steps accordingly to buy OP token on Binance:

Step 1: Open your Binance app on your smartphone.

OP price prediction

Step 2: Click on the search bar and type ‘OP’.

OP price prediction

Next click on your preferred trading pair.

OP price prediction

Step 3: A dashboard will appear where you will get the options of BUY as well as Sell in the right down end.

OP price prediction

Step 4: Click on the ‘BUY’ and then select the amount of tokens you want to buy.

OP price prediction

Step 5: Finally click on ‘Buy OP’ button to complete the buying process of OP tokens. 

How to Sell OP coin on Binance?

If you are wondering how to sell OP tokens on Binance Just follow these steps and you be able to sell you OP tokens easily:

Step 1: Open Binance app on your smartphone.

OP price prediction

Step 2: Click on the search bar and type ‘OP’.

OP price prediction

Next click on your preferred trading pair.

OP price prediction

Step 3: A dashboard will appear where you will get the options of BUY as well as Sell in the right down end.

OP price prediction

Step 4: Click on the ‘Sell’ and then select the amount of tokens you want to sell.

OP price prediction

Step 5: Finally click on ‘Sell OP’ button to complete the selling process of OP tokens.


Related Predictions : LEVER Price Predictions


FAQs

Some of the most frequently asked question on OP price predictions are as follows:

Is Optimism Coin a stablecoin?

No, Optimism Coin is not a stablecoin, it’s price fluctuates with the market like most other cryptocurrencies.

How is the supply of Optimism Coin controlled?

The supply of Optimism Coin is controlled through a smart contract on the Ethereum blockchain, which sets a maximum number of coins that can be created.

Can I mine Optimism Coin?

Optimism Coin is an ERC-20 token and cannot be mined, it can be acquired by participating in the ICO or buying it on a cryptocurrency exchange.

Will Optimism Coin reach $10?

Many cryptocurrency traders are interested to learn if Optimism can reach a $10 cap as it continues to increase. According to our long-term optimism estimate, if present growth continues, it might reach a $10 cap between 2024 and 2025. Optimism is an excellent digital asset with practical applications, and nothing is also impossible in the cryptocurrency market.

The price of Optimism may soar and reach its $10 objective before our Optimism projection if additional investors are drawn to the initiative. It’s also possible that certain fresh listings on premium markets may raise the value of Optimism.

Is Optimism Coin a pump and dump?

Many traders have questioned if Optimism is for the long run or merely a pump and dump due to its extraordinarily erratic character. It’s common for Optimism to spike and then crash the cryptocurrency market. Optimism is a project that shows promise based on our analysis of its prior performance. The ability to stake is another benefit of Optimism.

With the backing of the blockchain community, Optimism is a strong initiative. Optimism is in the market for the long run, as we have witnessed on several cryptocurrency forums. Optimism may remain consistent in the future due to the crypto community’s efforts. We must wait a few more months to make a more accurate forecast of Optimism’s future.

Conclusion

Right after the introduction, Optimism became mired in significant controversy when the network was hacked, although token value rebounded far more quickly than anticipated. The project has a robust plan to bring on board several interesting initiatives. 

It can already retain its position among the top 200 projects in terms of market worth. The optimism coin is already listed on a reputable exchange and in a decentralised setting.

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