What determines the price movement of Optimism (OP)?

There are two schools of thought when it comes to determining the price of a cryptocurrency like Optimism. By way of intrinsic value: Intrinsic value is typically assessed through on-chain metrics, project metrics, and financial metrics of Optimism, collectively known as <0>fundamental analysis. Factors such as the law of supply and demand, tokenomics, use case, project roadmap, and the regulatory and governance environment will influence the long-term value of Optimism. By way of price action: <0>technical analysis , using candlestick chart patterns and indicators like MACD, RSI, and Bollinger Bands, forecasts the price of Optimism on the basis that history tends to repeat itself. Since candlestick charts reflect market sentiment, news announcements and community sentiment can also significantly influence the price action of Optimism. Long-term investors usually favor fundamental analysis, while short-term traders often depend on technical analysis. In practice, combining both approaches can yield intriguing scenarios for Optimism and the broader cryptocurrency market.

What is the highest price of Optimism price in history?

Optimism achieved the all-time high of 4.84 in 2024-03-06, and is currently trading at 0.7801.

What is the lowest price of Optimism price in history?

Optimism reached its all-time low of 0.402159 on 2022-06-18.

What is the current market cap of Optimism?

The current market cap of Optimism is 1387512687.639, as 1778634390 OP is trading at the price of 0.7801.

How many Optimism are there in the market?

There are currently 1778634390 OP circulating in the market. These Optimism can be actively traded or used in the open market.

What is the maximum supply of Optimism?

The maximum supply of OP is 4294967296 , which includes its circulating supply, locked or staked supply, and the supply that has yet to be mined, minted, or created.

What is the fully diluted market cap (or FDV) of Optimism?

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Optimism is 3350503987.60960. The FDV is calculated taking the assumption that all supply of Optimism is circulation, multiplied by its current price of 0.7801.

What is the price prediction of Optimism ?

Using an algorithm to automatically identify historical data trends, this <0>Optimism price prediction adjusts its forecast from time to time based on current market conditions. With advanced machine learning, this prediction tool can help investors gauge market probabilities before making investment decisions.

Is Optimism a good investment?

Optimism offers a good potential ROI due to its inherent volatility, which presents numerous profit opportunities. However, this volatility is a double-edged sword, making it suitable for investors with high risk tolerance and a strong financial position. It is crucial to remember that Optimism and the broader crypto market are subject to extreme market conditions, regulatory changes, social media influence, and other unpredictable factors. Therefore, it is advisable to exercise risk management and <0>do your own research (DYOR) before investing in Optimism.

You can buy Optimism via Gate by following the steps on <0>how to buy OP once you have funded your account.

Optimism Price

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Optimism (OP) Price Live Chart

Optimism (OP) Price Today

Optimism (OP) price today is $0.7801, with a 24-hour trading volume of $1.13M and as such Optimism (OP) has a market cap of $1.38B, giving it a market dominance of 0.078%. The Optimism (OP) price moved -3.63% in the last 24 hours.

OP Price Data

24h Turnover$1.13M
All-Time High(ATH)$4.84
24h High$0.8196
All-Time Low(ATL)$0.4021
24h Low$0.7767

OP Market Cap Infos

Market Cap$1.38B
Fully Diluted Valuation$3.35B
Market Cap/FDV41.41%
Market SentimentNeutral

OP Supply

Circulating Supply1.77B OP
Total Supply4.29B OP
Max Supply4.29B OP

*Data is for reference only

Optimism (OP) Price Prediction

Optimism(OP) is predicted to average $0.7805 in 2025, with a potential swing between the lowest price $0.4604 and the highest price $0.9912. By 2030, Optimism(OP) price could reach to $1.53, offering a potential +75.00% return from today’s Optimism price.

Year	Minimum Price	Highest Price	Average Price	Change
2025	$0.4604	$0.9912	$0.7805	--
2026	$0.6998	$0.939	$0.8858	+13.00%
2027	$0.4927	$1.01	$0.9124	+16.00%
2028	$0.7123	$1.42	$0.9626	+23.00%
2029	$0.74	$1.55	$1.19	+53.00%
2030	$0.9883	$1.53	$1.37	+75.00%

Optimism(OP) Price History

Optimism(OP) price has moved -3.63% in the last 24 hours, and -0.64% in the past 7 days. The price of Optimism(OP) is -2.22% in the past 30 days, and -53.56% over the last year.