Optimism (OP) Price

Optimism is the native governance token of the Optimism network, a Layer 2 scaling solution for Ethereum. Launched in May 2022, OP is used for protocol governance and incentivizing network participation. As of 2026-09-23, OP ranks 172 by market cap at $0.18700, with a 24-hour trading volume of $4.17M. The token has a circulating supply of 2.29B OP and a total supply of 4.29B OP. Optimism plays a crucial role in the Optimism ecosystem, allowing holders to vote on protocol upgrades and resource allocation. The token's price has ranged from an all-time low of $0.11347 to an all-time high of $6.81000. With its focus on scalability and lower transaction costs, Optimism aims to drive adoption of Ethereum-based applications and contribute to the growth of the broader decentralized finance ecosystem.

Optimism was created on May 31, 2022. The project launched its native governance token OP on this date, marking the official creation of the cryptocurrency. OP was introduced as part of the Optimism ecosystem, which aims to provide a low-cost, high-speed Layer 2 scaling solution for Ethereum. Since its creation, Optimism has gained significant traction in the crypto space, currently ranking 172 with a price of $0.18700 and a market cap of $425.72M as of 2026-09-23. The token plays a crucial role in the governance of the Optimism protocol and has seen widespread adoption among DeFi projects and users seeking more efficient transactions on Ethereum.

The founders of Optimism are Jinglan Wang, Karl Floersch, and Ben Jones. They established the project in 2019 with the goal of scaling Ethereum and making it more accessible. Jinglan Wang serves as the CEO, Karl Floersch as the Chief Technology Officer, and Ben Jones as the Chief Scientist. Together, they bring extensive experience in blockchain technology and Ethereum development to the Optimism project. Their vision for Optimism is to create a low-cost, high-speed Layer 2 solution for Ethereum that maintains security and decentralization. Since its launch, Optimism has grown to become one of the leading Layer 2 scaling solutions for Ethereum under their leadership.

Optimism works as a Layer 2 scaling solution for Ethereum, utilizing optimistic rollups to increase transaction speed and reduce costs. Here's how it operates: 1. Transactions are batched and processed off-chain on the Optimism network. 2. Transaction data is then compressed and posted to the Ethereum mainnet as calldata. 3. There's a 7-day challenge period where anyone can dispute the validity of transactions. 4. If no challenges occur, the transactions are finalized on Ethereum. 5. OP token is used for governance and paying transaction fees on the network. 6. Validators stake OP to participate in securing the network. 7. Optimism achieves up to 2,000 transactions per second, compared to Ethereum's ~15. 8. Fees on Optimism are typically 10-100 times lower than on Ethereum mainnet. As of 2026-09-23, OP is ranked #172 with a price of $0.18700. It has a 24-hour trading volume of $4.17M and a market cap of $425.72M. The circulating supply is 2.29B OP OP out of a total supply of 4.29B OP OP.

Optimism utilizes a Layer 2 scaling solution built on top of Ethereum, employing Optimistic Rollups technology. This architecture allows for faster and cheaper transactions while inheriting Ethereum's security. Key components include: 1. Sequencer: Batches transactions and submits them to Ethereum 2. State commitment chain: Stores compressed state updates on Ethereum 3. Fraud proofs: Enables challenge of invalid state transitions 4. Canonical transaction chain: Orders transactions deterministically 5. Bridge contracts: Facilitate asset transfers between L1 and L2 This design enables Optimism to achieve significantly higher throughput and lower fees compared to Ethereum's base layer, while maintaining strong security guarantees. The OP token plays a crucial role in governance and incentivizing network participants. As of 2026-09-23, Optimism ranks #172 with a price of $0.18700 and market cap of $425.72M.

Optimism is rising due to increased adoption of Layer 2 solutions, growing DeFi activity on the network, and positive sentiment around Ethereum scaling. The recent price surge to $0.19425 reflects growing investor confidence in Optimism's long-term potential and role in the Ethereum ecosystem.

Optimism is dropping due to market volatility and profit-taking after recent gains. The current price of $0.18700 represents a +5.16% change in the last 24 hours. Market sentiment and broader crypto trends are also influencing OP's price movement.

The current price of Optimism (OP) is $0.18700. As the #172 cryptocurrency by market cap, OP has seen a +5.16% change in the last 24 hours with a trading volume of $4.17M.

The highest price Optimism has ever reached is $6.81000. This all-time high was recorded on March 6, 2024.

The lowest price Optimism has ever reached is $0.11347. This all-time low occurred on June 19, 2022, shortly after the token's initial launch.

Currently, 1 OP is worth $0.18700.

Optimism is valuable due to its role as the native governance token of the Optimism ecosystem. It enables holders to participate in protocol governance, vote on proposals, and shape the future of this Ethereum Layer 2 scaling solution. With its growing adoption and ecosystem expansion, OP has potential for increased utility and demand.

As of 2026-09-23, there are 2.29B OP OP tokens in circulation, with a total supply of 4.29B OP and a maximum supply of 4.29B OP.

The Optimism cryptocurrency was officially launched on May 31, 2022. This date marks the public release and trading of OP tokens on various cryptocurrency exchanges.

Currently, one OP costs $0.18700.

You can buy Optimism through centralized or decentralized exchanges(Gate.com). Simply create an account, complete identity verification, deposit funds, and place an order to buy OP at $0.18700.

To purchase OP, create an account on a reputable cryptocurrency exchange(Gate.com), complete identity verification, deposit funds using bank transfer or card, navigate to OP trading pair, enter purchase amount, and confirm your transaction. Store your OP in a secure wallet for safekeeping.

Yes, Optimism is generally considered safe and legitimate. As a top 172 cryptocurrency with a market cap of $425.72M, OP has gained significant adoption and trust in the Web3 ecosystem. Its robust technology and active development make it a reputable project in the blockchain space.