Optimism Price (OP) 1.04 EUR 5.77 %
OP is the governance token for the Optimism protocol, a second-layer solution that uses optimistic rollups to provide a high level of scalability to the Ethereum network. This protocol allows building decentralized applications (dapps) that are highly scalable, ultra-fast and low-cost. Thanks to optimistic rollups, the Optimism protocol is able to record trustless transactions on the blockchain. Its OP token was launched in May 2022 as an ERC-20 token on Ethereum. OP holders can vote on the development and future of the protocol.