The native token of Optimism, a popular layer-2 network, has seen a significant 22% increase in value over the past week due to the crypto market rally. This trend has led to a bullish breakout potential, attracting attention from experts who believe the price will rise. As Optimism continues to gain interest as a Layer 2 scaling solution for Ethereum, it has developed partnerships with notable entities such as Coinbase, Kraken, Uniswap, and Sony.
Despite its growing popularity, Optimism still lags behind its competitor, Arbitrum, in terms of total value locked (TVL) across Ethereum’s Layer 2 platforms.
