Wednesday, July 30, 2025
  • Login
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
CRYPTO MARKETCAP
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
No Result
View All Result
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result

Optimism (OP) Scores % 6% A Day After Its Launch On BNB Chain

by SB Crypto Guru News
June 20, 2023
in Bitcoin
Reading Time: 3 mins read
0 0
A A
0


Optimism value is basking within the information of BNB Chain’s newly launched Optimism-powered layer-2 testnet opBNB. On June 19, BNB Chain announced the launch of its opBNB testnet. The newly launched layer-2 scaling resolution primarily based on Optimism Stack will increase the Binance Chain community’s safety and scalability. 

Following the launch, the Optimism token has scored an over 6% value improve right this moment, June 20, after an over 3% decline on June 19.

Binance-owned Blockchain Newly Launched Optimism-powered Layer-2 Scaling Resolution

The scaling resolution, opBNB, will improve transaction throughput, lowering community charges. BNB Chain presently processes about 2,000 transactions per second at $0.10 per transaction. Nevertheless, in accordance with the most recent announcement, opBNB would help over 4,000 transactions per second at a price under $0.005. 

Associated Studying: Bullish Sign: Bitcoin Realized Revenue And Loss Fall To October 2020 Ranges

BNB Chain famous that opBNB optimizes information accessibility, and catching layer, and adjusts the submission course of algorithm to allow simultaneous operations. That may permit the community to extend the gasoline restrict to 100 million per block from the 30 million presently allowed on Optimism.

Binance described opBNB as the answer to the scalability problem limiting the mass adoption of blockchain know-how. Optimism scales transactions utilizing Optimistic Rollups, which course of information off-chain to lock issues on the Ethereum mainnet.

The newly launched scaling resolution is Ethereum Digital Machine (EVM)-compatible. Which means it’s interoperable with Ethereum-based good contracts, networks, and ERC-20 token requirements. Moreover, the announcement famous that the distant process name service layer simplifies the mixing course of via a user-friendly interface. 

With that, builders can give attention to constructing functions with out worrying about complexities related to layer-2 scaling. Information of this growth has elevated Optimism (OP) sentiment, evident within the elevated buying and selling quantity. 

On the time of writing, the Optimism token has recorded a 24-hour improve in buying and selling quantity of over 140%. BNB Chain isn’t the one community to leverage Optimism’s scalability. Optimism is understood for its glorious scaling functionality. 

In a earlier growth, World ID and World App, a grass-free crypto pockets based by OpenAI CEO, Sam Altman, migrated to Optimism to leverage its layer-2 scaling resolution.

OPUSD
OP’s value presently hovers at $1.175 within the each day chart. | Supply: OPUSD value chart from TradingView.com

OP Coin Worth Outlook

Optimism’s bullish value momentum has propelled it to second place amongst top-gaining cash right this moment. Optimism (OP) value has elevated by 6.61% over the previous 24 hours, with a seven-day value rally of 1.15%. Regardless of the present value pump, real-time technical evaluation suggests a promote choice for Optimism (OP). 

The shifting averages recommend a robust promote sign, whereas the oscillators point out a purchase sign. However BNB Chain is the third-largest blockchain in DeFi complete quantity locked (TVL) after Ethereum and Tron.  DefiLlama information exhibits a TVL of $3.35 billion and a 24-hour quantity of $264 million. 

The newest integration suggests extra community exercise and utility for Optimism, which might increase buying and selling quantity and propel the token’s value upward.

Featured picture from Pixabay and chart from TradingView.com





Source link

Tags: Bitcoin NewsBNBChainCrypto NewsCrypto UpdatesdayLatest News on CryptolaunchOptimismSB Crypto Guru Newsscores
Previous Post

Bitcoin Miner Iris Vitality Revives Excessive-Efficiency Computing Technique Amid Booming Curiosity in AI

Next Post

Re-invent your guarantee course of with a digital twin

Related Posts

SEC Delays Truth Social Bitcoin ETF Decision — New Deadline Sparks Crypto Startup Buzz

SEC Delays Truth Social Bitcoin ETF Decision — New Deadline Sparks Crypto Startup Buzz

by SB Crypto Guru News
July 30, 2025
0

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The U.S. Securities and Exchange Commission (SEC)...

Strategy Leverages IPO Success to Acquire Over 21,000 Bitcoin

Strategy Leverages IPO Success to Acquire Over 21,000 Bitcoin

by SB Crypto Guru News
July 30, 2025
0

Strategy (MSTR) — recognized as the world’s largest Bitcoin (BTC) treasury company — has made headlines with the successful closing...

Bakkt Launches M Offering to Fund Bitcoin Purchases and Crypto Expansion

Bakkt Launches $75M Offering to Fund Bitcoin Purchases and Crypto Expansion

by SB Crypto Guru News
July 30, 2025
0

A $75 million offering fuels a major leap into bitcoin and digital assets as Bakkt sharpens its focus on treasury...

Strategy Purchases 21,021 Bitcoin After .52 Billion IPO

Strategy Purchases 21,021 Bitcoin After $2.52 Billion IPO

by SB Crypto Guru News
July 29, 2025
0

Strategy, the leading bitcoin corporate treasury company, announced it has purchased 21,021 BTC at an average price of $117,256, using...

RAKBANK To Launch In-App Brokerage To Trade Crypto In AED

RAKBANK To Launch In-App Brokerage To Trade Crypto In AED

by SB Crypto Guru News
July 29, 2025
0

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure RAKBANK (National Bank of Ras Al Khaimah),...

Load More
Next Post
Re-invent your guarantee course of with a digital twin

Re-invent your guarantee course of with a digital twin

Wall Avenue Giants Guess on EDX Markets Crypto Alternate

Wall Avenue Giants Guess on EDX Markets Crypto Alternate

Facebook Twitter LinkedIn Tumblr RSS

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • Mining
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - SB Crypto Guru News.
SB Crypto Guru News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS

Copyright © 2022 - SB Crypto Guru News.
SB Crypto Guru News is not responsible for the content of external sites.