Optimism (OP) set to soar as price leads altcoin peers
in the trailing seven-day period. Within this time, the price of the digital currency has recorded a 1.19% uptick.
Notably, many of the competing mainstream altcoins in the industry today are seeing a major drawdown. For reference, Ethereum is down by 2.04% at the time of writing, while Shiba Inu is down by a total of 1.66% in the past 24 hours. Understanding the broader drawdown of other altcoins lends a more defined appreciation to OP's growth.
The digital currency has seen a massive surge in its trading volume to reflect how buyers of all categories, including retail and institutional investors, are doubling down on the coin at this time. The trading volume is up by 159%, with a total of $141.2 million exchanged on trading platforms at the moment.For Optimism, the exploration of the new innovation has been a hallmark of its bullish build-up in the past year.
into decentralized autonomous organizations for bootstrapping the Base protocol, Optimism has found a vital role in today's Web3.0 world.
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